31989R2103

14. 7. 89 Official Journal of the European Communities No L 201 / 17

COMMISSION REGULATION (EEC) No 2103/89 of 13 July 1989 on the sale of olive oil residues held by the Portuguese intervention agency

THE COMMISSION OF THE EUROPEAN COMMUNITIES, Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Having regard to the Treaty establishing the European Committee for Oils and Fats, Economic Community,

Having regard to Regulation No 136/66/EEC of the HAS ADOPTED THIS REGULATION : Council of 22 September 1966 on the establishment of a common organization of the market in oils and fats ('), as Article 1 last amended by Regulation (EEC) No 1225/89 (2), and in particular Article 12 thereof, 1 . The Portuguese intervention agency, Instituto Nacional de Intervenção e Garantia Agricola, hereinafter Whereas Article 2 of Council Regulation (EEC) No referred to as 'INGA', shall sell for the best price it can 2754/78 (3) provides that olive oil held by the intervention obtain, 76 tonnes of vat bottom residues which it is agencies shall be put up for sale by tender except when holding as a result of the olive oil it bought in up to the particular conditions necessitate recourse to other 1987/88 marketing year. proceudres ; 2. The notice of sale shall be displayed by INGA at its head office at Rua Padre Ant6nio Vieira n° 1 , Lisbon, at Whereas, following sales by invitation to tender for olive oil organized by the Portuguese intervention agency, the least 10 days before the date set for the sale. latter still holds in stock a quantity of vat bottom 3. Sale of the product referred to in paragraph 1 shall residues ; whereas these residues contain a considerable be effected before 15 September 1989. Delivery of the percentage of oil ; whereas correct management of the product sold must take place before 30 September 1989. olive oil bought in by the intervention agency requires that these residues should therefore be put up for sale ; INGA shall inform the Commission as soon as possible of the outcome of the sale . Whereas, for commercial reasons based chiefly on the fact that there is no well-defined market or price system for Article 2 the product in question, it is not advisable to use the sale by tender procedure previously applied for the olive oil ; This Regulation shall enter into force on the day of its whereas the Portuguese intervention agency should publication in the Official Journal of the European therefore sell the product for the best price it can obtain ; Communities.

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

Done at Brussels, 13 July 1989.

For the Commission Ray MAC SHARRY Member of the Commission

(') OJ No 172, 30. 9. 1966, p. 3025/66. (*) OJ No L 128, 11 . 5. 1989, p. 15. O OJ No L 331 , 28. 11 . 1978, p. 13.