31978R1273

14 . 6 . 78 Official Journal of the European Communities No L 156/43

COMMISSION REGULATION ( EEC) No 1273/78 of 13 June 1978 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 19 Having regard to the Treaty establishing the European June 1978 . Particulars of the lots of oil offered for sale Economic Community, and the place where they are stored shall be displayed at the central office of AIMA, Via Palestro 81 , Rome, Having regard to Council Regulation No 136/66/ EEC of 22 September 1966 on the establishment of a Italy. common organization of the market in oils and fats (*), as last amended by Regulation (EEC) No Article 3 2560/77 (2), and in particular Article 1 1 (5) thereof, The minimum selling price shall be as laid down in Whereas, pursuant to Article 11 ( 1 ) of Regulation No the Annex hereto . 136/66/ EEC, the Italian intervention agency has , since the 1975/76 marketing year, bought in large quanti­ Article 4 ties of olive oil ; Whereas Commission Regulation (EEC) No 2960/7.7 Tenders shall reach AIMA, Via Palestro 81 , Rome, of 23 December 1977 laying down rules for the sale of Italy, not later than 2 p.m . ( Italian time) on 3 July 1978 . olive oil held by the intervention agencies (3 ), laid down the conditions for the sale by tender on the Community market and for export of olive oil ; A rticle 5 whereas the state df the Italian market in olive oil is at present favourable for the resale of the said oil ; The olive oil shall be sold by AIMA, on 6 July 1978 . whereas , in view of the state of the market, a tender AIMA shall supply the agencies responsible for should be organized ; storage with a list of the lots remaining unsold. Whereas the measures provided for in this Regulation Article 6 are in accordance with the opinion of the Manage­ ment Committee for Oils and Fats, The security shall be eight units of account per 100 kilograms . HAS ADOPTED THIS REGULATION : Article 7 Article 1 The Italian intervention agency 'Azienda di stato per The storage charge shall be Lit 1 000 per 100 kilo­ gli interventi sul mercato agricolo', hereinafter referred grams . to as 'AIMA', shall put up for sale by tender in accor­ dance with the provisions of this Regulation and of Article 8 Regulation (EEC) No 2960/77 approximately 4 000 tonnes of lampante virgin olive oil , out of intervention This Regulation shall enter into force on the day purchases made during the 1975/76 and 1976/77 olive following its publication in the Official Journal of oil marketing years . the European Communities.

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

Done at Brussels , 13 June 1978 . For the Commission Finn GUNDELACH Vice-President

(>) OJ No 172, 30 . 9 . 1966, p . 3025/ 66 . (2) OJ No L 303 , 28 . 11 . 1978 , p . 1 . (3 ) OJ No L 348 , 30 . 12 . 1977, p . 46 .

No L 156/44 14 . 6 . 78 Official Journal of the European Communities

ANNEX

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

Lampante virgin olive oil, 5 : 138 500 Lit per 100 kilograms In the case of lampante virgin olive 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° .