31977R1287

No L 148 / 18 Official Journal of the European Communities 16 . 6 . 77

COMMISSION REGULATION ( EEC) No 1287/77 of IS June 1977 on the putting up for sale of olive oil held by the Italian intervention agency

THE COMMISSION OF THE EUROPEAN Article 2 COMMUNITIES, Particulars of the lots of oil offered for sale and the Having regard to the Treaty establishing the European place where they are stored shall be displayed at the Economic Community, central office of AIMA, Via Palestro 81 , Rome, Italy.

Having regard to Council Regulation No 136/66/EEC The invitation to tender shall be displayed from 16 of 22 September 1966 on the establishment of a June 1977. common organization of the market in oils and fats ('), as last amended by Regulation (EEC) No 1 707/73 (2), and in particular Article 11 (5) thereof, Article J

Whereas, pursuant to Article 11 ( 1 ) of Regulation No The minimum selling price shall be as laid down in 136/66/EEC, the Italian intervention agency bought the Annex hereto . in large quantities of olive oil during the 1975/76 marketing year ; Article 4 Whereas Commission Regulation (EEC) No 1226/77 of 8 June 1977 on detailed rules for the sale of olive The olive oil shall be sold by AIMA on 27 and 28 oil held by intervention agencies (3) laid down the June 1977. conditions for sale by tender on the Community market of olive oil ; whereas the state of the Italian market in olive oil is at present favourable for the AIMA shall supply the agencies responsible for storage with a list of the lots remaining unsold. resale of part of the said oil ; whereas, in view of the state of the market, the sale by tender should take place as soon as possible ; Article 5 Whereas, to avoid the risk of disturbing the market, the maximum quantity which may be awarded to a Tenders shall reach AIMA, Via Palestro 81 , Rome, single participant in the tendering procedure should Italy, not later than 2 p.m . (Italian time) on 26 June be limited ; 1977 .

Whereas the measures provided for in this Regulation are in accordance with the opinion of the Manage­ Article 6 ment Committee for Oils and Fats, No application for purchase shall be valid unless it is accompanied by a security of Lit 13 000 per 100 kilo­ HAS ADOPTED THIS REGULATION : grams of extra virgin olive oil and Lit 8 000 per 100 kilograms of olive-residue oil.

Article 1 Article 7 The Italian intervention agency, 'Azienda di Stato per gli interventi nel mercato agricolo' hereinafter referred However, where the total quantity in respect of which to as 'AIMA', shall put up for sale by tender : a tenderer h^s offered the highest price exceeds 500 tonnes for extra virgin olive oil and 1 500 tonnes for — 5 000 tonnes extra virgin olive oil, olive-residue oil , the contract shall be awarded to that — 6 000 tonnes olive-residue oil , tenderer only in respect of the lot or lots the total contents of which do not exceed the said limit . out of the intervention purchases made during the 1975/76 olive oil marketing year, in accordance with Contracts for the quantities in excess of that limit the provisions of this Regulation and of Regulation shall be awarded to the other tenderers, in descending (EEC) No 1226/77. order of offer price and subject to the said limit. (') OJ No 172, 30 . 9. 1966, p. 3025/66. (*) OJ No L 175, 29 . 6. 1973, p. 5. When determining the lot or lots to be excluded from (3) OJ No L 141 , 9 . 6 . 1977, p. 20 . a particular award under the preceding paragraph, the

16. 6. 77 Official Journal of the European Communities No L 148 / 19

Italian intervention agency shall choose the lot or lots Article 9 for which the tenderer has offered the lowest price.

Article8¶

The storage charge referred to in Article 1 5 of Regula­ This Regulation shall enter into force on the day of its tion (EEC) No 1226/77 shall be Lit 1 000 per 100 kilo­ publication in the Official Journal of the European grams . Communities.

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

Done at Brussels, 15 June 1977 . For the Commission

Finn GUNDELACH Vice-President

ANNEX

Minimum selling price for olive oil held by the Italian intervention agency

Extra virgin olive oil : Lit 155 000 per 100 kilograms . 15° olive-residue oil : Lit 84 000 per 100 kilograms . In the case of olive-residue oil with a different degree of acidity, there shall be added or deducted as the case may be Lit 1 000 per 100 kilograms for each degree of acidity or fraction thereof less or more than 15° .