31986R2118

8 . 7 . 86 Official Journal of the European Communities No L 185/ 5

COMMISSION REGULATION (EEC) No 2118 /86 of 7 July 1986 opening an invitation to tender for the sale of olive oil held by the Portuguese intervention agency

THE COMMISSION OF THE EUROPEAN COMMUNITIES, Particulars of the lots of oil offered for sale and of the places where they are stored shall be displayed at the Having regard to the Treaty establishing the European central office of IAPO, Avenida Sidonio Pais, 10-1° , 1098 Economic Community, Lisboa Codex, Portugal.

Having regard to Council Regulation No 136/66/ EEC of A copy of the invitation to tender shall be sent without 22 September 1966 on the establishment of a common delay to the Commission. organization of the market in oils and fats ('), as last amended by Regulation (EEC) No 1454/86 (2), and in particular Article 12 (4) thereof, Article 3 Whereas Article 2 of Council Regulation (EEC) No 2754/78 (3), provides that olive oil held by the interven­ The tenders must reach the IAPO, 1098 Lisboa Codex, tion agencies shall be put up for sale by tender ; not later than 2 p.m . (local time) on 24 July 1986.

Whereas, pursuant to Article 12 ( 1 ) of Regulation No 136/66/EEC, the Portuguese intervention agency holds Article 4 certain quantities of olive oil ; 1 . Tenders shall be submitted for an oil of 5° acidity. Whereas Commission Regulation (EEC) No 2960/77 (4), as last amended by Regulation (EEC) No 3818/85 Q laid down the conditions for the sale by tender on the 2. Where the oil awarded has a different degree of Community market and for export of olive oil ; whereas acidity from that for which the tender was submitted, the the state of the market in olive oil is at present favourable price to be paid shall be equal to the price tendered, increased or reduced in accordance with the scale below : for the sale of part of the said oil ;

— up to 5° acidity : Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management increase of 481,14 for each degree or fraction of Committee for Oils and Fats, degree of acidity below 5° ,

— above 5° up to 8° acidity : HAS ADOPTED THIS REGULATION : reduction of 481,14 Esc for each degree or fraction of degree of acidity above 5° ,

— above 8° : Article 1 additional reduction of 526,24 Esc for each degree or The Portuguese intervention agency, Instituto do Azeite e fraction of degree above 8° . Produtos Oleaginosos, hereinafter referred to as ' IAPO', shall open an invitation to tender in accordance with the provisions of this Regulation and of Regulation (EEC) No Article 5 2960/77 for the sale on the Community market of approximately 1 630 tonnes of lampant virgin olive oil. Not later than two days after the expiry of each time limit laid down for the submission of tenders, IAPO shall send Approximately one third of this quantity will be put on sale each month together with any unsold quantity from the Commission a list, without mentioning names, stating the previous invitations to tender. the highest tender received for each lot put up for sale.

Article2¶

The invitation to tender shall be published on 10 July 1986 . The minimum selling price per 100 kg of oil shall be fixed, on the basis of the tenders received, not later than the last working day of the month during which the (') OJ No 172, 30 . 9 . 1966, p . 3025/ 66 . tenders were submitted and in accordance with the proce­ (2) OJ No L 133 , 21 . 5. 1986, p. 8 . dure set out in Article 38 of Regulation No 136/66/EEC. (3) OJ No L 331 , 28 . 11 . 1978 , p . 13 . (4) OJ No L 348 , 30 . 12. 1977, p . 46 . The decision fixing the minimum selling price shall be 0 OJ No L 368 , 31 . 12. 1985, p. 20 . notified forthwith to the Member State concerned .

No L 185/6 Official Journal of the European Communities 8 . 7 . 86

Article7¶

The olive oil shall be sold by IAPO not later than the The storage referred to in Article 15 of Regulation (EEC) seventh day of each month following that during which the tenders were submitted. No 2960/77 shall be 400 Esc per 100 kilograms.

IAPO shall supply the agencies responsible for storage with a list of the lots remaining unsold . Article 10

Article 8 This Regulation shall enter into force on the day of its The security referred to in Article 7 of Regulation (EEC) publication in the Official Journal of the European No 2960/77 shall be 3 050 Esc per 100 kilograms. Communities.

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

Done at Brussels, 7 July 1986 . For the Commission Frans ANDRIESSEN Vice-President