Agricultural prices 1996/1997: aid for the consumption of olive oil (amend. regul. 3089/78/EEC)

Agricultural prices and related measures 1996/97 - Olive oil. The Commission proposes certain minor adaptations to the consumption aid regime resulting from implementation of the Uruguay Round agreements. They include in particular suppression of the requirement that olive oil benefiting from the aid should be produced in the Community, and of the obligation for importers of olive oil (with the exception of olive oil imported from Tunisia under the quota benefiting from special arrangements) to constitute a guarantee equal to the amount of the consumption aid payable on the quantity imported. These adaptations are a consequence of the inclusion in the common customs tariff of an amount equal to that of the guarantee to be constituted. They should come into force not later than 1 July 1996 when the transitional measures adopted under Council Regulation (EC) No 3290/94 will expire. �