31989R0325

No L 38/ 16 10 . 2 . 89 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 325/89 of 8 February 1989 on die sale of olive oil residues held by the Italian intervention agency

THE COMMISSION OF THE EUROPEAN COMMUNITIES, whereas the intervention agency should therefore sell the product for the best price it can obtain ; Having regard to the Treaty establishing the European Whereas the measures provided for in this Regulation are Economic Community, in accordance with the opinion of the Management Committee for Oils and Fats, Having regard to Council Regulation No 136/66/EEC of 22 September 1966 on the establishment of a common HAS ADOPTED THIS REGULATION : organization of the market in oils and fats ('), as last amended by Regulation (EEC) No 2210/88 (2), and in Article 1 particular Article 12 thereof, 1 . The Italian intervention agency, Azienda di Stato per Whereas Article 2 of Council Regulation (EEC) No gli interventi nel mercato agricolo, hereinafter called 2754/78 (3) provides that olive oil held by the intervention AIMA, shall sell for the best price it can obtain, all vat agencies shall be put up for sale by tender except when bottom residues which it is holding as a result of its particular conditions necessitate recourse to other purchases on the olive oil market until the 1987/88 procedures ; marketing year.

2. The notice of sale shall be displayed by AIMA at its Whereas, during the marketing years from 1985/86 to head office at Via Palestro, 81 , Rome, Italy for at least 10 1987/88, approximately 70 000 tonnes of olive oil of all days before the date set for the sale. qualities held by the Italian intervention agency were sold by tender ; whereas following these sales the intervention 3. Sale of the product referred to in paragraph 1 shall agency still holds in stock a quantity of vat bottom be effected before 30 April 1989. Delivery of the product residues ; whereas these residues contain a considerable sold must take place before 31 July 1989. percentage of oil ; whereas correct management of the AIMA shall inform the Commission as soon as possible intervention agency's purchases of olive oil requires that of the outcome of the sale. these residues should therefore be sold ;

Article 2 Whereas, for commercial reasons based chiefly on the fact that there is no well-defined market or price system for This Regulation shall enter into force on the day of its the product in question, it is not advisable to use the sale publication in the Official Journal of the European by tender procedure previously adopted for the olive oil ; Communities.

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

Done at Brussels, 8 February 1989.

For the Commission Ray MAC SHARRY Member of the Commission

(') OJ No 172, 30. 9 . 1966, p. 3025/66. 0 OJ No L 197, 26. 7. 1988, p. 1 . 0 OJ No L 331 , 28 . 11 . 1978, p. 13.