30.7.88 OfficialJournaloftheEuropeanCommunities NoL205/29
COMMISSION REGULATION (EEC)No2368/88
of29July1988
fixingtheimportlevyonmolasses
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,ningthestandardqualityandlayingdowndetailedrules
forcalculatingthecifpriceformolasses(*);
Whereas,whenthemostfavourablepurchasingopportu­
nitiesontheworldmarketarebeingestablished,the
Commission musttakeaccountofallavailableinforma­
tiononoffersontheworldmarket,onquotationsonthe
exchangeswhichareimportantforworldtrade,onprices
recordedonimportantthird-countrymarketsandonsales
concludedininternational tradeofwhichithasknow­
ledge,eitherdirectlyorthroughtheagencyofthe
MemberStates;whereas,underthetermsofArticle7of
Regulation(EEC)No785/68,theCommissionmayfor
thispurposetakeanaverageofseveralpricesasabasis,
providedthisaveragecanberegardedasbeingrepresenta­
tiveofactualmarkettrends:HavingregardtoCouncilRegulation(EEC)No1785/81
of30June1981onthecommonorganizationofthe
marketinsugar('),aslastamendedbyRegulation(EEC)
No2306/88(2),andinparticularArticle16(8)thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
whereastheCommissionmustdisregardinformationif
thegoodsconcernedarenotofsoundandfairmarketable
qualityorifthepricequotedinanofferrelatestoasmall
quantityandisnotrepresentativeofthemarket;whereas
offerpriceswhichcanberegardedasnotrepresentativeof
actualmarkettrendsmustalsobedisregarded ;WhereasArticle16(1)ofRegulation(EEC)No1785/81
providesforchargingalevyonimportsoftheproducts
listedinArticle1(1)(c)ofthatRegulation ;
Whereastheimportlevyonmolassesmustbeequalto
thethresholdpricelessthecifprice;whereasthethre­
sholdpriceformolasseswasfixedbyCouncilRegulation
(EEC)No2252/88of19July1988,fixing,forthe
1988/89marketingyear,thederivedinterventionprices
forwhitesugar,theinterventionpriceforrawsugar,the
minimumpricesforAandBbeet,thethresholdprices
andtheamountofcompensation forstoragecosts(3);Whereasanypricesoroffertakenintoconsideration
whicharenotfordeliverycifRotterdammustbeadjusted,
accountbeingtakeninparticularofthedifferencesinthe
costoftransportingthegoodsbetweentheportofloading
andtheportofdestinationandbetweentheportof
loadingandRotterdam ;
Whereas,ifinformationonmolassesofthestandard
qualityistobecomparable,pricesmust,dependingon
thequalityofthemolassesoffered,sbeincreasedor
reducedinthelightoftheresultsobtainedbyapplying
Article6ofRegulation(EEC)No785/68;Whereasthecifpric6formolassesiscalculatedbythe
CommissionforaCommunityfrontiercrossingpoint
whichwasfixedatRotterdambyCouncilRegulation
(EEC)No431/68of9April1968determiningthestan­
dardqualityforrawsugarandfixingtheCommunity
frontiercrossingpointforcalculatingcifpricesfor
sugar(4);'Whereasthecifpricemay,bywayofexception,beleft
unchangedforalimitedperiodiftheofferpricewhich
servedasabasisforthepreviouscalculationofthecif
priceisnotavailabletotheCommissionandiftheoffer
priceswhichareavailableandwhichappearnottobe
sufficientlyrepresentative ofactualmarkettrendswould
entailsuddenandconsiderablechangesinthecifprice;Whereasthispricemustbebasedonthemostfavourable
purchasingopportunitiesontheworldmarketestablished
foreachproductonthebasisofquotationsorpriceson
thatmarketadjustedforanydeviationfromthestandard
qualityforwhichthethresholdpriceisfixed;whereasthe
standardqualityformolasseswasdefinedbyCommission
Regulation(EEC)No785/68of26June1968determi­Whereasthelevymustbefixedeachweek;whereas
pursuanttoArticle5ofCommissionRegulation(EEC)
No837/68of28June1968ondetailedrulesforthe (')OJNoL177,1.7.1981,p.4.0OJNoL201,27.7.1988,p.65.
(3)OJNoL198,26.7.1988.
(4)OJNoL89,10.4.1968,p.3. 0OJNoL145,27.6.1968,p.12.

NoL205/30 OfficialJournaloftheEuropeanCommunities 30.7.88
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindentandtheaforesaidcorrectingfactor;
Whereasitfollowsfromapplyingtheseprovisionsthat
thelevyformolassesshouldbeassetoutintheAnnex
hereto,applicationofleviesonsugar('),aslastamendedbyRegu­
lation(EEC)No1428/78(2),thelevyisalteredonlyifthe
variationintheelementsusedtocalculateitwouldentail
anincreaseorareductionofnotlessthan0,06ECUper
100kilogramsinrelationtothelevypreviouslyfixed;
WhereasinaccordancewithArticle21(1)ofRegulation
(EEC)No1785/81,thenomenclatureprovidedforinthis
RegulationisincorporatedintheCommonCustoms
Tariff;
Whereasifthelevysystemistooperatenormally,levies
shouldbecalculatedoncurrenciesonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectingfactorprovidedfor
inthelastparagraphofArticle3(1)ofRegulation
(EEC)No1676/85(3),aslastamendedbyRegulation
(EEC)No1636/87(4),
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachofHASADOPTED THISREGULATION :
Article1
TheimportlevyreferredtoinArticle16(1)ofamended
Regulation(EEC)No1785/81isnow0ECU/100kg,in
respectofmolasses,fallingwithinCNcodes17031000
and17039000.
Article2
ThisRegulationshallenterintoforceon1August1988.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,29July1988.
FortheCommission
FransANDRIESSEN
Vice-President
(')OJNoL151,30.6.1968,p.42.(4OJNoL171,28.6.1978,p.34.
0OJNoL164,24.6.1985,p.1.b)OJNoL153,13.6.1987,p.1.