31973R3206
No L 327/ 12 28 . 11 . 73 Official Journal of the European Communities
REGULATION (EEC) No 3206/73 OF THE COUNCIL of 27 November 1973 fixing the market target price and the intervention price for olive oil for the 1973/74 marketing year
THE COUNCIL OF THE EUROPEAN price at a level higher than that adopted for the COMMUNITIES, preceding marketing year,
Having regard to the Treaty establishing the European Economic Community, and in particular Article 43 HAS ADOPTED THIS REGULATION : thereof ;
Having regard to Council Regulation No 136/ Article 1 66/EEC (J) of 22 September 1966, on the establish ment of a common organization of the market in oils The prices for olive oil for the 1973/74 marketing and fats, as last amended by Regulation (EEC) No year shall be : 1707/73 (2) and in particular the first paragraph of (a) market target price : Article 4 thereof ; 95 units of account per 100 kilogrammes ; Having regard to the proposal from the Commission ; (b) intervention price : Having regard to the Opinion of the European Parlia 87-75 units of account per 100 kilogrammes. ment ; Whereas the market target price and the intervention Article 2 price must be fixed according to the criteria laid down in Articles 4, 6 and 7 of Regulation No 136/66/EEC The prices referred to in Article 1 relate to virgin for a specific standard quality ; semi-fine olive oil with a free fatty acid content expressed as oleic acid of 3 grammes per 100 Whereas the reasons which have led to the determina grammes . tion of the standard quality for the preceding marketing year continue to prevail ; whereas it is there Article 3 fore appropriate to maintain this quality unchanged ;
Whereas the application of these criteria results in This Regulation shall enter into force on 1 December fixing the market target price and the intervention 1973 .
This Regulation shall be binding in its entirety and directly applicable in all Member States .
Done at Brussels , 27 November 1973 .
For the Council
The President
lb FREDERIKSEN
(!) OJ No 172, 30 . 9 . 1966, p. 3025 / 66 . (2) OJ No L 175, 29 . 6 . 1973 , p. 5.