Introductory text

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Community,

Having regard to Council Regulation (EC) No 865/2004 of 29 April 2004 on the common organisation of the market in olive oil and table olives and amending Regulation (EEC) No 827/68^f1, and in particular Article 24(2) thereof,

Whereas:

Commission Regulation (EC) No 1345/2005 of 16 August 2005 laying down detailed rules for the application of the system of import licences for olive oil^f2 repealed Regulation (EC) No 2543/95 of 30 October 1995 laying down special detailed rules for the application of the system of export licences for olive oil^f3 with effect from 1 November 2005.

Some licences issued pursuant to Article 1 of Regulation (EC) No 2543/95 whose validity extends beyond 1 November 2005 have not been used at all or in part. If the commitments imposed by these licences are not complied with, the security lodged is forfeit. As these commitments are now devoid of purpose, they should be lifted and the securities should be released.

The measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Olive Oil and Table Olives,

HAS ADOPTED THIS REGULATION: