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( 1 ) OJ NO 172 , 30 . 9 . 1966 , P . 3025/66 .

( 2 ) OJ NO L 78 , 30 . 3 . 1979 , P . 1 .

( 3 ) OJ NO L 369 , 29 . 12 . 1978 , P . 12 .

( 4 ) OJ NO L 274 , 31 . 10 . 1979 , P . 5 .

( 5 ) OJ NO L 73 , 24 . 3 . 1979 , P . 13 .

COMMISSION REGULATION ( EEC ) NO 2608/79

OF 26 NOVEMBER 1979

FIXING THE AMOUNT OF THE SECURITIES APPLICABLE TO CERTAIN OLIVE OILS RELEASED INTO FREE CIRCULATION IN THE COMMUNITY

THE COMMISSION OF THE EUROPEAN

COMMUNITIES ,

HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ,

HAVING REGARD TO COUNCIL REGULATION NO 136/66/EEC OF 22 SEPTEMBER 1966 ON THE ESTABLISHMENT OF A COMMON ORGANIZATION OF THE MARKET IN OILS AND FATS ( 1 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 590/79 ( 2 ),

HAVING REGARD TO COUNCIL REGULATION ( EEC ) NO 3089/78 OF 19 DECEMBER 1978 LAYING DOWN GENERAL RULES IN RESPECT OF AID FOR THE CONSUMPTION OF OLIVE OIL ( 3 ), AS AMENDED BY REGULATION ( EEC ) NO 2380/79 ( 4 ), AND IN PARTICULAR THE LAST SUBPARAGRAPH OF ARTICLE 9 ( 1 ) THEREOF ,

WHEREAS , IN THE EVENT OF A SUBSTANTIAL ALTERATION IN CONSUMPTION AID , THE LAST SUBPARAGRAPH OF ARTICLE 9 ( 1 ) OF REGULATION ( EEC ) NO 3089/78 AUTHORIZES THE COMMISSION , AS SOON AS THE ALTERATION IN SUCH AID HAS BEEN DECIDED ON , TO ADJUST THE AMOUNT OF THE SECURITY APPLICABLE TO IMPORTED OLIVE OILS ;

WHEREAS FOR THE 1979/80 MARKETING YEAR THE AMOUNT OF CONSUMPTION AID HAS BEEN INCREASED SUBSTANTIALLY WITH EFFECT FROM 1 NOVEMBER 1979 ; WHEREAS , IN ORDER TO AVOID SPECULATIVE TRANSACTIONS , IT IS APPROPRIATE TO ADJUST THE AMOUNT OF THE SECURITY TO TAKE ACCOUNT OF THAT ALTERATION ;

WHEREAS , HAVING REGARD TO ARTICLE 2 OF REGULATION ( EEC ) NO 2380/79 , THIS ALTERATION SHOULD BE APPLIED WITH EFFECT FROM THE DATE ON WHICH SUCH SPECULATION COULD OCCUR ,

HAS ADOPTED THIS REGULATION :

ARTICLE 1

1 . WITHOUT PREJUDICE TO THE SECOND SUBPARAGRAPH OF ARTICLE 13 ( 2 ) OF REGULATION ( EEC ) NO 557/79 ( 5 ), THE AMOUNT OF THE SECURITY REFERRED TO IN ARTICLE 9 OF REGULATION ( EEC ) NO 3089/78 SHALL BE , ACCORDING TO THE MEMBER STATE IN WHICH IT IS LODGED :

- 35 598 LIT/100 KG ,

- 186.84 FF/100 KG ,

- 1 362.37 BFRS/100 KG ,

- 93.41 DM/100 KG ,

- 93.94 FL/100 KG ,

- 19.72 POUND ST . / 100 KG ,

- 22.12 POUND ST . IRL/100 KG ,

- 247.19 DKR/100 KG .

2 . THE SECURITY REFERRED TO ABOVE SHALL APPLY :

( A ) TO OLIVE OILS RELEASED INTO FREE CIRCULATION BEFORE 1 NOVEMBER 1979 UNDER IMPORT LICENSES ISSUED ON APPLICATIONS SUBMITTED , UNDER THE LEVY TENDERING PROCEDURE PROVIDED FOR IN ARTICLE 16 OF REGULATION NO 136/66/EEC , ON 15 AND 16 OCTOBER AND ON 22 AND 23 OCTOBER 1979 ;

( B ) TO QUANTITIES OF OLIVE OIL OF NOT MORE THAN 20 TONNES RELEASED INTO FREE CIRCULATION BEFORE 1 NOVEMBER 1979 UNDER LICENCES ISSUED ON OR AFTER 22 OCTOBER 1979 .

ARTICLE 2

THIS REGULATION SHALL ENTER INTO FORCE ON THE DAY OF ITS PUBLICATION IN THE OFFICIAL JOURNAL OF THE EUROPEAN COMMUNITIES .

IT SHALL APPLY WITH EFFECT FROM 22 OCTOBER 1979 .

THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .

DONE AT BRUSSELS , 26 NOVEMBER 1979 .

FOR THE COMMISSION

FINN GUNDELACH

VICE-PRESIDENT