31977R1530

8 . 7 . 77 No L 170/ 11 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 1530/77 of 7 July 1977 on the putting up for sale of olive oil held by the Italian intervention agency

THE COMMISSION OF THE EUROPEAN (b) 2 600 tonnes of extra virgin olive oil, COMMUNITIES, 1 500 tonnes of ordinary virgin olive oil, 1 000 tonnes of olive-residue oil, Having regard to the Treaty establishing the European out of the intervention purchases made during the Economic Community, 1975/76 olive oil marketing year, and in accordance with the provisions of this Regulation and of Regula­ Having regard to Council Regulation No 136/66/EEC tion (EEC) No 1226/77. of 22 September 1966 on the establishment of a common organization of the market in oils and Article 2 fats (!), as last amended by Regulation (EEC) No 1707/73 (2), and in particular Article 11 (5) thereof, The invitation to tender shall be published from 11 July 1977. Particulars of the lots of oil offered for sale Whereas, pursuant to Article 11 ( 1 ) of Regulation No and the place where they are stored shall be displayed 136/66/EEC, the Italian intervention agency bought at the central office of AIMA, Via Palestro 81 , Rome, in large quantities of olive oil during the 1975/76 Italy. marketing year ;

Article 3 Whereas Commission Regulation (EEC) No 1226/77 of 8 June 1977 laying down rules for the sale of olive The minimum selling price shall be as laid down in oil held by the intervention agencies (3) laid down the the Annex hereto . conditions for the sale by tender on the Community market of olive oil ; whereas the state of the Italian Article 4 market in olive oil is at present favourable for the resale of part of the said oil ; whereas, in view of the Tenders shall reach AIMA, Via Palestro 81 , Rome, state of the market, the sale by tender should be Italy, not later than 2 p.m. (Italian time) on 25 July carried out as soon as possible ; 1977 .

Whereas, in order to avoid the risk of disturbing the Article 5 market, the maximum quantity which may be awarded to a single participant in the tendering proce­ dure should be limited ; The olive oil shall be sold by AIMA on 26 and 27 July 1977. AIMA shall supply the agencies respon­ sible for storage with a list of the lots remaining Whereas the measures provided for in this Regulation unsold . are in accordance with the opinion of the Manage­ ment Committee for Oils and Fats, Article 6

The security shall be :

HAS ADOPTED THIS REGULATION : — Lit 13 000 per 100 kilograms for extra virgin olive oil, — Lit 11 000 per 100 kilograms for ordinary virgin olive oil, Article 1 — Lit 8 000 per 100 kilograms for olive-residue oil.

The Italian intervention agency 'Azienda di Stato per Article 7 gli interventi nel mercato agricolo' hereinafter referred to as 'AIMA', shall put up for sale by tender : However, where the total quantity in respect of which a tenderer has offered the highest price exceeds 500 (a) the unsold quantities of olive oil put up for sale tonnes for extra virgin olive oil, 600 tonnes for ordi­ under Regulation (EEC) No 1287/77 ; nary virgin olive oil or 1 500 tonnes for olive-residue oil, the contract shall be awarded to that tenderer only (') OJ No 172, 30. 9 . 1966, p. 3025/66. (2) OJ No L 175, 29 . 6. 1973, p. 5. in respect of the lot or lots the total contents of which (3) OJ No L 141 , 9. 6. 1977, p. 20. do not exceed the said limit.

No L 170/ 12 8 . 7. 77 Official Journal of the European Communities

Article 8 Contracts for the quantities in excess of that limit shall be awarded to the other tenderers, in descending The storage charge shall be Lit 1 000 per 100 kilo­ order of offer price and subject to the said limit. grams . When determining the lot or lots to be excluded from Article 9 a particular award under the preceding paragraph, the Italian intervention agency shall choose the lot or lots This Regulation shall enter into force on the day of its for which the tenderer has offered the lowest price. publication in the Official Journal of the European Communities.

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

Done at Brussels, 7 July 1977. For the Commission

Finn GUNDELACH Vice-President

ANNEX

Minimum selling price (or olive oil held by the Italian intervention agency

1 . Extra virgin olive oil, 1 : Lit 157 000 per 100 kilograms. 2. Ordinary virgin olive oil : Lit 141 000 per 100 kilograms. 3. 15° olive-residue oil : Lit 86 500 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 1000 per 100 kilograms for each degree of acidity or fraction thereof less or more than 15° .