31975R1593

No L 163/ 16 26 . 6 . 75 Official Journal of the European Communities

REGULATION (EEC) No 1593/75 OF THE COMMISSION of 25 June 1975 extending the suspension of the advance fixing of the levy on olive oil

THE COMMISSION OF THE EUROPEAN vention at the start of the new marketing year ; COMMUNITIES, whereas, for those reasons, in its Regulation (EEC) No 1 563/75 (5) of 20 June 1975 suspending the advance Having regard to the Treaty establishing the European fixing of the levy on olive oil, the Commission has Economic Community ; suspended the fixing of the levy ; Having regard to Council Regulation No 136/ Whereas, in the face of the difficulties listed above 66/EEC ( J) of 22 September 1966 on the establish­ and following a further examination of the situation ment of a common organization of the market in oils based on all the available information, it is necessary and fats, as last amended by Regulation (EEC) No to suspend the advance fixing of import levies on 1707/73 (2 ) ; olive oil for a period extending until 30 June 1975 ; Having regard to Council Regulation (EEC) No Whereas the measures provided for in this Regulation 19/69 (3) of 20 December 1968 on the advance fixing are in accordance with the Opinion of the Manage­ of the levy on imports of olive oil, as last amended by ment Committee for Oils and Fats, Regulation (EEC) No 2429/72 (4), and in particular the first subparagraph of Article 1 (2) ; HAS ADOPTED THIS REGULATION : Whereas the offer prices for olive oil on the world market are at present higher than the ruling threshold price but lower than the threshold price resulting Article 1 from the market target price already fixed for the new marketing year at a level considerably higher than the The advance fixing of the levy on olive oil shall be present level ; whereas this situation is likely to result suspended from 26 to 30 June 1975. in the advance fixing of the levies for much greater quantities than under more normal circumstances ; Article 2 whereas such imports would place a burden on the Community market and would result in a large propor­ This Regulation shall enter into force on 26 June 1975 . tion of Community production being put up for inter­

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

Done at Brussels, 25 June 1975.

For the Commission P.J. LARDINOIS Member of the Commission

(') OJ No 172, 30 . 9 . 1966, p. 3025/66 . (2) OJ No L 175, 29 . 6 . 1973, p. 5. (3) OJ No L 3, 7. 1 . 1969 , p. 2. (4) OJ No L 264, 23 . 11 . 1972, p. 7. (5) OJ No L 159, 21 . 6. 1975, p . 6.