31986R0629

No L 60 / 8 Official Journal of the European Communities 1 . 3 . 86

COMMISSION REGULATION ( EEC ) No 629 / 86 of 28 February 1986 determining for olive oil the stock referred to in Articles 86 and 254 of the Act of Accession of Spain and Portugal

THE COMMISSION OF THE EUROPEAN COMMUNITIES , HAS ADOPTED THIS REGULATION :

Having regard to the Treaty establishing the European Article 1 Economic Community , 1 . Pursuant to Article 86 of the Act of Accession , 90 000 Having regard to the Act of Accession of Spain and tonnes of olive oil in Spain as at 1 March 1986 shall be Portugal , regarded as abnormal stocks .

Having regard to Council Regulation ( EEC ) No 3770 / 85 of 2 . On 1 March 1986 , the olive oil in public storage in 20 December 1985 on stocks of agricultural products in Spain as at that date shall , subject to a limit of 161 000 Spain ( ! ), and in particular Article 8 thereof, tonnes , be taken over by the European Agricultural Guidance and Guarantee Fund , Guarantee Section , provided Having regard to Council Regulation ( EEC ) No 3771 / 85 of the oil meets the requirements laid down in paragraphs 3 to 6 20 December 1985 on stocks of agricultural products in of Article 2 of Regulation ( EEC ) No 3472 / 85 ( 3 ). Portugal ( 2 ), 3 . Olive oil purchased by the Spanish intervention agency Whereas on 1 March 1986 Spain will have at its disposal a between 1 March and 31 October 1986 shall be added to the quantity of olive oil from the marketing years prior to quantity specified in paragraph 1 . accession ;

Whereas private and public stocks of olive oil in Spain on 1 March 1986 are , up to a quantity to be determined , to be Article 2 treated as normal carry-over stocks ; 1 . The cost of refunds in respect of disposal or to the Whereas given the requirements of the Spanish olive oil food-preserving industry , of a quantity equal to the market in the 1985 / 86 marketing year the stocks held in quantities referred to in Article 1 ( 1 ) and ( 3 ) and the Spain exceed what can be considered normal carry-over intervention expenditure on the storage of the quantities stocks ; referred to in Article 1 ( 3 ) shall not be met by EAGGF , Guarantee Section . Whereas the quantities for the 1984 / 85 marketing year immobilized by operators through sales to intervention that have not been exported before 1 March 1986 are to be considered as normal carry-over stocks ; whereas , however , if Article 3 the Spanish intervention agency purchases olive oil of Spanish origin during the period to 31 October 1986 the On 1 March 1986 , the olive oil in public storage in Portugal quantities concerned will be added to that exceeding what as at that date shall be taken over by the European can be considered a normal carry-over stock ; Agricultural Guidance and Guarantee Fund , Guarantee Section , provided the oil meets the requirements laid down in Whereas Portugal's stocks of olive as at 1 March 1986 may be Article 2 ( 3 ) to ( 6 ) of Regulation ( EEC ) No 3472 / 85 . regarded as normal ;

Whereas the quantity , disposal of which on the world market is to be carried out at the expense of the Kingdom of Spain , Article 4 should be fixed and the nature of the expenditure in question specified ; This Regulation shall enter into force on the day of its publication in the Official Journal of the European Whereas the measures provided for in this Regulation are in Communities . accordance with the opinion of the Management Committee for Oils and Fats , It shall apply with effect from 1 March 1986 .

(*) OJ No L 362 , 31 . 12 . 1985 , p. 18 . ( 2 ) OJ No L 362 , 31 . 12 . 1985 , p. 21 . ( 3 ) OJ No L 333 , 11 . 12 . 1985 , p. 5 .

1 . 3 . 86 Official Journal of the European Communities No L 60 / 9

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

Done at Brussels , 28 February 1986 .

For the Commission Frans ANDRIESSEN Vice-President