31972R0800

312 Official Journal of the European Communities

No L 94/ 12 Official Journal of the European Communities 21.4.72

REGULATION (EEC) No 800/72 OF THE COUNCIL

of 17 April 1972

fixing the production target price for olive oil for the 1972/73 marketing year

THE COUNCIL OF THE EUROPEAN COMMUNITIES , Whereas the target price referred to above must be fixed in accordance with the criteria laid down in Articles 4 and 5 of Regulation No 136/66/EEC for a Having regard to the Treaty establishing the special standard quality ; European Economic Community, and in particular Article 43 thereof; Whereas the reasons for which the standard quality was determined for the preceding marketing year are still valid; whereas that standard quality should Having regard to Council Regulation ' No therefore remain the same ; 136/66/EEC1 of 22 September 1966 on the establishment of a common organization of the Whereas in accordance with those criteria the market in oils and fats, as last amended by production target price should be fixed at a level Regulation (EEC) No 2727/71 ,? and in particular Article 4 ( 1 ) thereof; higher than that used for the preceding marketing year ; Having regard to the proposal from the Commission ; HAS ADOPTED THIS REGULATION :

Having regard to the Opinion of the European Article 1 Parliament ;

For the 1972/73 marketing year the production target Whereas, when the production target price for olive price for olive oil shall be 124-70 units of account per oil is being fixed, account should be taken of the 100 kilogrammes . objectives of the common agricultural policy and of the contribution which the Community desires to Article 2 make to the harmonious development of world trade; whereas the objectives of the common agricultural policy are in particular to ensure a fair standard of The price laid down in Article 1 shall relate to living for the agricultural community, to ensure that semi-fine virgin olive oil with a free fatty acid content supplies are available and that they reach consumers expressed as oleic acid of 3 grammes per 100 at reasonable prices ; grammes .

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels, 17 April 1972.

For the Council

The President

J. P. BUCHLER

1 OJ No 172, 30.9.1966, p. 3025/66 . 2 OJ No L 282, 23.12.1971 , p . 8 .