31991R2753

20 . 9. 91 Official Journal of the European Communities No L 264/ 13

COMMISSION REGULATION (EEC) No 2753/91 of 19 September 1991 on the sale of olive oil residues held by the Portuguese intervention agency

THE COMMISSION OF THE EUROPEAN COMMUNITIES, HAS ADOPTED THIS REGULATION : Having regard to the Treaty establishing the European Economic Community, Article 1 Having regard to Regulation No 136/66/EEC of the Council of 22 September 1966 on the establishment of a common organization of the market in oils and fats ('), as 1 . The Portuguese intervention agency, Institute last amended by Regulation (EEC) No 1720/91 (2), and in Nacional de Interven^ao e Garantia Agricola, hereinafter particular Article 1 2 thereof, referred to as 'INGA', shall sell for the best price it can obtain, 99 tonnes of vat bottom residues which it is Whereas Article 2 of Council Regulation (EEC) No holding as a result of the olive oil it bought in up to the 2754/78 (3) provides that olive oil held by the intervention 1988/89 marketing year. agencies shall be put up for sale by tender except when particular conditions necessitate recourse to other proceudres ; 2. The notice of sale shall be displayed by INGA at its head office at Rua Camilo Castelo Branco, 45/ 1°, Lisbon , Whereas, following sales by invitation to tender for olive Portugal, at least 1 0 days before the date set for the sale. oil organized by the Portuguese intervention agency, the 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 31 October 1991 . Delivery of the percentage of oil ; whereas correct mariagement of the product sold must take place before 30 November 1991 . 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 Whereas, for commercial reasons based chiefly on the fact of the outcome of the sale . that there is no well-defined market or price system for the product in question, it is not advisable to use the sale by tender procedure previously applied for the olive oil ; whereas the Portuguese intervention agency should Article 2 therefore sell the product for the best price it can obtain ; Whereas the measures provided for in this Regulation are This Regulation shall enter into force on the day of its in accordance with the opinion of the Management publication in the Official Journal of the European Committee for Oils and Fats, Communities.

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

Done at Brussels, 19 September 1991 .

For the Commission Ray MAC SHARRY Member of the Commission

o OJ No 172, 30. 9. 1966, p. 3025/66. (2) OJ No L 162, 11 . 5. 1991 , p. 15. O OJ No L 331 , 28 . 11 . 1978, p. 13 .