31972R2319

76 Official Journal of the European Communities

1.11.72 Official Journal of the European Communities No L 248/69

REGULATION (EEC) No 23 19/ 72 OF THE COUNCIL of 31 October 1972 on the standard amount for unrefined olive oil wholly produced in Greece and transported direct from that country to the Community

THE COUNCIL OF THE EUROPEAN COMMUNITIES, market in relation to that of third countries; whereas, however, that amount must be fixed at such a level as not Having regard to the Treaty establishing the European to prejudice the attainment of the market target price for Economic Community ; Community production;

Having regard to Council Regulation No 162/66/EEC 1 Whereas the standard amount fixed for these marketing of 27 October 1966 on trade in oils and fats between the years in which Greek market prices have enabled oil to Community and Greece, and in particular Article 3(3) be exported from Greece to the Community has ensured thereof; that preference without creating difficulties in the mar­ keting of Community production; whereas it is therefore Having regard to the proposal from the Commission; appropriate to maintain that amount for the 1972/73 marketing year; Whereas , in anticipation of the harmonization of agricul­ Whereas Greece has been consulted as provided for in tural policies , the trade in olive oil between the Commu­ Article 3(3) of Regulation No 162/66/EEC, nity and Greece should be fostered in the light of the supplies of olive oil available in Greece and in the HAS ADOPTED THIS REGULATION : Community and of the market for that product; Article 1 For the 1972/73 marketing year the standard amount Whereas the standard amount must be fixed in relation referred to in Article 3(1) of Regulation No 162/66/ to the current volume of trade between the Community EEC , shall be fixed at 0*5 unit of account per 100 kg of and Greece and the future trends of those two markets ; imported product.

Article 2 Whereas the standard amount must represent a sufficient percentage of the market target price to ensure, for This Regulation shall enter into force on 1 November Greek oil, a preferential position on the Community 1972 .

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

Done at Luxembourg, 31 October 1972.

For the Council The President P. LARDINOIS

1 OJ No 197, 29.10.1966, p. 3393/66 .