COUNCIL  REGULATION (EC) No 1535/95 of 29 June 1995 fixing, for the 1995/96 marketing year, the prices, aids  and percentages of aid to be retained in the olive oil sector
THE COUNCIL OF THE  EUROPEAN UNION
,
Having regard to the Treaty establishing the European Community, and in particular Article 43  thereof,
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), and in particular Article 4 (4), 5 (1) and  11 (6) thereof,
Having regard to the proposal from the Commission (2),
Having regard to the opinion of the European Parliament (3),
Having regard to the opinion of the Economic and Social Committee (4),
Whereas the target price for olive oil production must be fixed in accordance with the criteria  laid down in Articles 4 and 6 of Regulation No 136/66/EEC;
Whereas the intervention price must be fixed in accordance with the criteria laid down in Article 8  of Regulation No 136/66/EEC;
Whereas the representative market price must be fixed according to the criteria laid down in  Article 7 of Regulation No 136/66/EEC;
Whereas, if producers are to receive a fair income, production aid must be fixed in the light of  the impact which the consumption aid has on part only of production;
Whereas, in accordance with Articles 5 (4) and 20d (1) of Regulation No 136/66/EEC, the percentages  of production aid to be allocated to finance measures to improve the quality of olive oil  production and to finance expenditure incurred in the work done by recognized producer  organizations or associations thereof in administering and controlling olive oil production aid,  should be determined;
Whereas, pursuant to Article 11 (5) and (6) of Regulation No 136/66/EEC, a certain percentage of  the consumption aid during each olive oil marketing year is to be used, on the one hand, to finance  measures by the recognized trade organizations referred to in paragraph 3 of the abovementioned  Article and, on the other hand, to finance measures to promote olive oil consumption in the  Community; whereas the said percentages for the 1995/96 marketing year should be fixed; whereas  having regard to the financing already laid down for the promotion actions referred to in the  abovementioned Article 11 (6), the percentage relating thereto is set at zero for the marketing  year 1995/96,
1.  For the 1995/96 marketing year, the production target price and  the intervention price for olive oil shall be as follows:
(a) production target price: ECU 383,77 per 100 kilograms;
(b) intervention price: ECU 191,92 per 100 kilograms.
2.  The prices fixed in paragraph 1 shall be for ordinary virgin olive oil with a free fatty-acid  content, expressed as oleic acid, of 3,3 grams per 100 grams.
For the 1995/96 marketing year, the representative market price for olive oil shall be  ECU 229,50 per 100 kilograms.
For the 1995/96 marketing year, the production aid shall be as follows:
(a) production aid: ECU 142,20 per 100 kilograms;
(b) production aid for growers whose average production is less than 500 kilograms of olive oil per  marketing year: ECU 151,48 per 100 kilograms.
1.  For the 1995/96 marketing year, 1,4 % of the production aid earmarked for olive-oil  producers shall be allocated to the financing of specific measures to improve the quality of olive  oil in each producer Member State.
2.  For the 1995/96 marketing year, the percentage of the production aid which may be withheld  pursuant to Article 20d (1) of Regulation No 136/66/EEC for organizations of olive-oil producers or  associations thereof recognized under the said Regulation shall be 0,8 %.
1.  For the 1995/96 marketing year, the percentage of consumption aid referred to in  Article 11 (5) of Regulation No 136/66/EEC shall be 5,5 %.
2.  For the 1995/96 marketing year, the percentage of consumption aid to be allocated to the  measures referred to in Article 11 (6) of Regulation No 136/66/EEC shall be zero.
This Regulation shall enter into force on the day of its publication in the Official  Journal of the European Communities.
It shall apply from 1 November 1995.
This Regulation shall be binding in its entirety and directly applicable in all  Member States.