31973R3448

No L 353 / 22 Official Journal of the European Communities 22 . 12 . 73

REGULATION ( EEC) No 3448 / 73 OF THE COMMISSION of 21 December 1973 laying down detailed rules for the application of Article 4b of Regulation (EEC) No 974 / 71 in the olive oil sector

THE COMMISSION OF THE EUROPEAN marketing year 1973/74 pursuant to Article 10 of COMMUNITIES , Council Regulation No 136/ 66/ EEC (3), on the esta­ blishment of a common organization of the market: in Having regard to the Treaty establishing the European oils and fats, as last amended by Regulation (EEC) No Economic Community ; 1 707/ 73 (4 ) ; Having regard to Council Regulation (EEC) No Whereas, the measures provided for in this Regulation 974/71 (') of 12 May 1971 on certain measures of are in accordance with the Opinion of the Manage­ conjunctural policy to be taken in agriculture ment Committee for Oils and Fats, following the temporary widening of the margins of fluctuation for the currencies of certain Member States , as last amended by Regulation ( EEC) No HAS ADOPTED THIS REGULATION : 1 225 /73 (2 ), and in particular Article 6 thereof ; Article 1 Whereas, in accordance with Article 4b ( 1 ) of Regula­ tion ( EEC) No 974/71 , the intervention prices in force During the marketing year 1973/74, the intervention during the marketing year 1973/74 for the products price referred to in Article 7 of Regulation No 136/ referred to in Article 1 ( 2) of the abovementioned 66/EEC shall be increased in Italy by a corrective of oned Regulation are to be increased in Italy by a 570 Lit/ 100 kg. corrective of 1 % ;

Whereas , with regard to the olive oil sector, it is desir­ Article 2 able to specify that the intervention price shall be increased in Italy by the corrective referred to above : During the marketing year 1973/74, the aid for olive oil referred to in Article 10 of Regulation No 136/ Whereas, in accordance with Article 4b (2) of Regula­ 66/ EEC shall be increased in Italy by a corrective of tion ( EEC) No 974/ 71 , the corrective amount referred 274 Lit/ 100 kg. to above must in so far as is necessary be reflected in the amounts which Italy must pay in accordance with Article 3 Regulations on the common organization of agricul­ tural markets following other interventions on the This Regulation shall enter into force on the day of its internal market ; whereas in this connection and as far publication in the Official Journal of the European as the olive oil sector is concerned, it appears neces­ Communities. It shall be applicable from 1 December sary to increase the aid paid to Italy during the 1973 .

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

Done at Brussels, 21 December 1973 .

For the Commission

The President

Francois-Xavier ORTOLI

(') OJ No L 106, 12 . 5 . 1971 , p. 1 . (3 ) OJ No 172, 30 . 9 . 1966 , p . 3025 / 66 . 2 ) OJ No L 1 25, 11.5 . 1 973 , p. 49 . (4 ) OJ No L 175 , 29 . 6 . 1973 , p. 5 .