15. 12. 92 Official Journal of the European Communities No L 366/17 COMMISSION REGULATION (EEC) No 3601/92 of 14 December 1992 laying down detailed rules for the application of specific measures for table olives S THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 1332/92 of 18 May 1992 introducing specific measures for table olives ('), and in particular Article 5 thereof, Whereas Regulation (EEC) No 1332/92 provides for a Community contribution towards the financing of measures to encourage an increase in the consumption of table olives in the Community; Whereas the chief measures to be taken into considera- tion for granting Community financial assistance should be defined ; Whereas these measures must form part of a coherent strategy and must provide guarantees regarding the attain- ment of medium-term objectifs and the safeguarding of Community interests ; whereas the measures must involve -the principal economic operators in the sector concerned, be presented in a uniform manner and contain sufficient information to enable them to be assessed; Whereas in order to encourage grouped initiatives and contacts between those concerned, provision should be - made for a system for the dissemination of draft measures ; whereas such dissemination should be carried out by intermediary bodies appointed by the Member States ; Whereas detailed rules should be laid down to govern cooperation between the bodies appointed by the Member States and the Commission with a view to evaluating and selecting projects ; ‘Whereas the various rules for carrying out commitments will be the subject of contracts between the parties concerned and the competent national agencies, drawn up on the basis of standard contracts made available by the Commission ; Whereas the Member States must supervise implementa- tion of the measures and the Commission must be kept informed of the results of the measures provided for in this Regulation ; : Whereas Regulation (EEC) No 1332/92 also provides for a Community contribution for the constitution of working capital with the objective of stabilizing supply ; Whereas, in order to ensure that this aid scheme operates properly, the information which the bodies applying for () OJ No L 145, 27. 5. 1992, p. 1. aid must give to the competent authority regarding their working capital and economic activity, as well as the veri- fication which the national authority must carry out must be defined ; Whereas, in order to ensure that such working capital is constituted as rapidly as possible, provision should be made for the possibility of granting advances; whereas the conditions in which such advances may be paid and the amount thereof must also be determined; whereas, however, payment of advances must be subject to the lodging of a security to ensure that recipients fulfil their obligations ; Whereas suitable penalties must be laid down for serious failures to comply with the obligations provided for in Regulation (EEC) No 1332/92 and this Regulation ; Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Oils and Fats, HAS ADOPTED THIS REGULATION : TITLE I Promotional measures Article 1 1.  Measures to develop the consumption of table olives in the Community as referred to in Article 1 of Regula- tion (EEC) No 1332/92 shall fall within the framework of programmes. 2. ‘Programme’ means a coherent body of measures meeting the following requirements : — they must be on a sufficient scale to help increase the disposal of products and consumption, and/or — they must enable production to be adjusted and tailored to market requirements. 3. Programmes may be carried out over a period lasting one or more years but not exceeding three vyears, commencing on the date of signing of contracts as referred to in Article 7 (3).