31976R2938

3 . 12. 76 Official Journal of the European Communities No L 334/23

COMMISSION REGULATION ( EEC) No 2938 /76 of 2 December 1976 adjusting the amount of the levies applicable to olive oil

THE COMMISSION OF THE EUROPEAN with effect from 1 November 1976, the date on which COMMUNITIES, the 1976/77 oil year began ; whereas, therefore, but not without prejudice to Council Regulation (EEC) Having regard to the Treaty establishing the European No 1134/68 of 30 July 1968 laying down rules for the Economic Community, implementation of Regulation (EEC) No 653/68 on conditions for alterations to the value of the unit of Having regard to Council Regulation No 136/66/EEC of 22 September 1966 on the establishment of a account used for the common agricultural policy (7), common organization of the market in oils and the levy indicated on licences on the basis of applica­ fats (1), as last amended by Regulation (EEC) No tions made before 1 November 1976 in respect of 1707/73 (2), imports to be effected after that date should be adjusted, by reference to the difference between the Having regard to Council Regulation No 162/66/ EEC threshold price obtaining at the end of the 1975/76 of 27 October 1966 on trade in oils and fats between oil year and that obtaining at the beginning of the the Community and Greece (3), following year ; Having regard to Council Regulation (EEC) No Whereas the measures provided for in this Regulation 601 /76 of 15 March 1976 laying down special are in accordance with the opinion of the Manage­ measures in particular for the determination of the ment Committee for Oils and Fats, offers of olive oil on the world market (4), as amended by Regulation (EEC) No 2600/76 (5), and in particular HAS ADOPTED THIS REGULATION : Article 4 thereof,

Having regard to Council Regulation (EEC) No Article 1 602/76 of 15 March 1976 laying down special measures in particular for the determination of the Without prejudice to Regulation (EEC) No 1134/68 , offers of olive oil on the Greek market (6), as amended the levy to be paid for olive oil falling within by Regulation (EEC) No 2600/76, and in particular subheading 15.07 A of the Common Customs Tariff, Article 5 thereof, imported on or after 1 November 1976 under licences applied for before that date, shall be the levy indicated Whereas the market target price and the threshold on the licence, less 10 units of account per 100 kilo­ price of olive oil applicable at the beginning of the grammes . 1976/77 oil year are markedly lower than those appli­ cable at the end of the previous oil year ; whereas, Article 2 accordingly, the levy awarded at the end of the 1975/76 oil year and valid at the beginning of the This Regulation shall enter into force on the day 1976/77 oil year is no longer in line with the market following its publication in the Official Journal of situation and with the level of protection required the European Communities.

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

Done at Brussels, 2 December 1976 .

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 197, 29 . 10 . 1966, p. 3393/ 66 . (4) OJ No L 72, 18 . 3 . 1976, p. 1 . (5) OJ No L 297, 28 . 10 . 1976, p. 4. (6) OJ No L 72, 18 . 3 . 1976, p. 3 . ( ;) OJ No L 188 , 1 . 8 . 1968 , p. 1 .