Council Regulation (EEC) No 2754/78 of 23 November 1978 on intervention in the olive oil sector

COUNCIL REGULATION (EEC) No 2754/78  of 23 November 1978  on intervention in the olive oil sector
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation No 136/66/EEC of 22 September 1966 on the establishment of a common organization of the market in oils and fats (1), as last amended by Regulation (EEC) No 1562/78 (2), and in particular Article 12 (3) thereof,
Having regard to the proposal from the Commission,
Whereas, in accordance with commercial practice, olive oil is generally marketed during the first 11 months of the marketing year ; whereas, to avoid speculative transactions, it should be provided that for the last month of the marketing year the intervention agencies are to buy in oil at the price applying at the beginning of that marketing year;
Whereas olive oil held by the intervention agencies must be put up for sale without any discrimination between Community purchasers and on the most favourable economic terms ; whereas the sale by tender appears to be the most appropriate system for this purpose;
Whereas, however, in certain special situations it may be advisable to use procedures other than tendering;
Whereas, with a view to organizing the intervention system on a rational basis, intervention centres should be established by reference both to the volume of production of the various olive oil producing areas and also to the storage facilities available in places which may be designated as intervention centres;
Whereas Council Regulation No 164/66/EEC of 27 October 1966 determining the main intervention centres for olive oil and laying down the criteria to be applied when other intervention centres are being determined (3) should be repealed,