31977R1862

13 . 8 . 77 Official Journal of the European Communities No L 207/37

COMMISSION REGULATION (EEC) No 1862/77 of 12 August 1977 on the putting up for sale of olive oil held by the Italian intervention agency

THE COMMISSION OF THE EUROPEAN Article 2 COMMUNITIES , The invitation to tender shall be published on 20 Having regard to the Treaty establishing the European August 1977. Particulars of the lots of oil offered for Economic Community, sale and the place where they are stored shall be displayed at the central office of AIMA, Via Palestro Having regard to Council Regulation No 136/ 66/ EEC 81 , Rome, Italy. of 22 September 1966 on the establishment of a common organization of the market in oils and fats ( 1 ), as last amended by Regulation (EEC) No Article 3 1707/73 (2), and in particular Article 11 (5) thereof,

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 laying down rules for the sale of olive Tenders shall reach AIMA, Via Palestro 81 , Rome, oil held by the intervention agencies (3), laid down the conditions for the sale by tender on the Community Italy, not later than 2 p.m . (Italian time) on 8 market of olive oil ; whereas the state of the Italian September 1977. market in olive oil is at present favourable for the resale of the said oil ; whereas, in view of the state of the market, a tender should be organized ; Article 5

Whereas, in order to avoid the risk of disturbing the The olive oil shall be sold by AIMA on 9 and 10 market, the maximum quantity which may be September 1977. AIMA shall supply the agencies awarded to a single participant in the tender should responsible for storage with a list of the lots be limited ; remaining unsold . Whereas the measures provided for in this Regulation 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 , Article 1 — Lit 1 1 000 per 100 kilograms for ordinary virgin The Italian intervention agency Azienda di Stato per olive oil , gli interventi nel mercato agricolo', hereinafter — Lit 10 000 per 100 kilograms for lampante virgin referred to as 'AIMA', shall put up for sale by tender olive oil , in accordance with the provisions of this Regulation — Lit 8 000 per 100 kilograms for olive-residue oil . and of Regulation (EEC) No 1226/77 : — 5 000 tonnes of extra virgin olive oil, — 2 000 tonnes of ordinary virgin olive oil , Article 7 — 3 000 tonnes of lampante virgin olive oil , — 10 000 tonnes of olive-residue oil , However, where the total quantity in respect of which a tenderer has offered the highest price exceeds : out of intervention purchases made during the 1975/76 olive oil marketing year. — 500 tonnes in the case of extra virgin olive oil, — 600 tonnes in the case of ordinary virgin olive oil, (!) OJ No 172, 30 . 9 . 1966, p. 3025 / 66 . (2 ) OJ No L 175 , 29 . 6 . 1973 , p. 5 . — 1 000 tonnes in the case of lampante virgin olive (J ) OJ No L 141 , 9 . 6 . 1977, p. 20 . oil , or

No L 207/ 38 Official Journal of the European Communities 13 . 8 . 77

— 1 500 tonnes in the case of olive-residue oil , Article 8

the contract shall be awarded to that tenderer only in respect of the lot or lots the total contents of which The storage charge shall be Lit 1 000 per 100 kilo­ do not exceed the said limit. grams .

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

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

Done at Brussels, 12 August 1977. For the Commission Finn GUNDELACH Vice-President

ANNEX

Minimum selling price for 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 . Lampante virgin olive oil , 5° : Lit 132 000 per 100 kilograms . 4. 15° olive-residue oil : Lit 86 500 per 100 kilograms . In the case of lampante virgin olive oil and 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 5° and 15° .