31986R1459

21.5.86 Official Journal of the European Communities No L 133 / 15

COUNCIL REGULATION (EEC) No 1459/86

of 13 May 1986

fixing the production target price, the production aid and the intervention price for olive oil for the 1986/87 marketing year

THE COUNCIL OF THE EUROPEAN COMMUNITIES , these Member States differs from the common prices ; whereas pursuant to Articles 92 and 290 of that Act, the Having regard to the Treaty establishing the European Spanish and Portuguese prices should be aligned on the Economic Community, and in particular Article 43 common price each year at the beginning of each thereof, marketing year; whereas the rules on this alignment laid down give the Spanish and Portuguese prices shown below ; Having regard to the Act of Accession of Spain and Por­ tugal, and in particular Article 89 ( 1 ) thereof,

Whereas Articles 95 and 293 of the Act of Accession Having regard to Council Regulation No 136/66/EEC provide for the granting of Community aid for the pro­ of 22 September 1966 on the common organization of duction of olive oil in Spain and in Portugal ; whereas the market in oils and fats ('), as last amended by Regu­ pursuant to Articles 79 and 246 of that Act the amounts lation (EEC) No 1454/ 86 (2), and in particular Articles of this aid should be aligned at the beginning of the 4 (4), 5 ( 1 ) and 20 (d) ( 1 ) thereof, marketing year ;

Having regard to the proposal from the Commission (3), Whereas the production target price and the intervention price are fixed for a specific standard quality; whereas Having regard to the opinion of the European Par­ the reasons which led to the determination of the stan­ liament (4), dard quality for the 1981 / 82 marketing year are still valid ; whereas that standard quality should therefore re­ Having regard to the opinion of the Economic and main unchanged ; Social Committee (5 ),

Whereas, in accordance with Article 20d ( 1 ) of Regu­ Whereas , when the production target price for olive oil lation No 136/66 /EEC, the percentage of the pro­ is fixed, account should be taken of the objectives of the duction aid that may be withheld for recognized organ­ common agricultural policy and of the contribution izations of olive oil producers or associations thereof which the Community desires to make to the har­ should be so fixed that the resulting amount helps to monious development of world trade ; whereas the finance the expenditure incurred in the work done pur­ objectives of the common agricultural policy are, in suant to Articles 5 (3) and 20c of the said Regulation ; particular, to ensure a fair standard of living for the agri­ whereas the percentage should be set at a level which cultural community, to ensure that supplies are available enables foreseeable expenditure in 1986/ 87 to be and that they reach consumers at reasonable prices ; covered ,

Whereas the target price referred to above must be fixed in accordance with the criteria laid down in Articles 4 HAS ADOPTED THIS REGULATION : and 6 of Regulation No 136 /66/EEC ;

Whereas, if the producer is to receive a fair income, pro­ Article 1 duction aid must be fixed in the light of the impact which the consumption aid has on part only of the pro­ For the 1986/ 87 marketing year, the production target duction ; price, the production aid and the intervention price of olive oil shall be as follows : Whereas the intervention price must be fixed in accord­ ance with the criteria laid down in Article 8 of Regu­ (a) production target price : 322,56 ECU per 100 kg ; lation No 136 /66 /EEC ; (b) production aid : Whereas under Articles 68 and 236 of the Act of for Spain : 14,57 ECU/ 100 kg, Accession the olive oil intervention price set in each of for Portugal : 7,10 ECU/ 100 kg, for the Community of Ten : 70,95 ECU/ 100 kg ; O OJ No 172 , 30 . 9 . 1966, p. 3025 /66 . (2) See page 8 of this Official Journal . (c) intervention price : O OJNoC 85 , 14 . 4 . 1986 , p. 11 . — for Spain : 134,61 ECU/ 100 kg, (4) Opinion delivered on 17 April 1986 (not yet published in the — for Portugal : 199,65 ECU/ 100 kg, Official Journal). O OJ No C 118 , 20 . 5 . 1986 , p. 1 . — for the Community of Ten : 216,24 ECU/ 100 kg.

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No L 133 / 16 Official Journal of the European Communities 21. 5. 86

Article 2 for organizations of olive oil producers or associations thereof recognized under the said Regulation shall be The prices specified in Article 1 shall relate to semi-fine 2,1 % . virgin olive oil with a free fatty acid content, expressed as oleic acid, of 3,3 grams per 100 grams. Article 4

Article 3 This Regulation shall enter into force on the third day following its publication in the Official Journal of the For the 1986/ 87 marketing year the percentage of the European Communities. amount of production aid which may be withheld pur­ suant to Article 20d ( 1 ) of Regulation No 136/66/EEC It shall apply from 1 November 1986.

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

Done at Brussels, 13 May 1986.

For the Council

The President

W. F. van EEKELEN