Article 1
The release for free circulation in the Community of olives falling within CN codes 0709 90 31, 0709 90 39, 0711 20 10 and 0711 20 90, excluding those put up in immediate containers with a net weight not exceeding 5 kg, shall be subject to the lodging of a security. This security, calculated on an oil content of 22 kg of oil per 100 kg of imported olives, shall be equal to the sum of the production aid for olive growers whose average production is less than 500 kg of oil per year and the consumption aid applicable in the Community as constituted on 31 December 1985 on the day of release for free circulation. The security shall be lodged in one of the forms indicated in Article 8 of Commission Regulation (EEC) No 2220/85 (3). Production of the proof referred to in the third paragraph shall constitute the primary requirement for the purposes of that Regulation. The security shall be released on presentation of the original copy of the certificate set out in the Annex hereto, during the six months following the date of the lodging of the security. It shall be released in proportion to the quantity for which it is certified: — that it has been dealt with in such a way that it cannot subsequently be used for oil production, or — that the oil obtained has been made ineligible for the olive oil production and consumption aids.
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