NoL178/42 OfficialJournaloftheEuropeanCommunities1.7.78
COMMISSION REGULATION (EEC)No1504/78
of30June1978
fixingtheimportlevyonmolasses
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulation (EEC)No
3330/74of19December1974onthecommonorgani­
zationofthemarketinsugar(^aslastamendedby
Regulation (EEC)No1396/78(2)andinparticular
Article15(7)thereof,'
HavingregardtotheopinionoftheMonetary
Committee,
WhereasArticle15(1)ofRegulation (EEC)No
3330/74providesforchargingalevyonimportsof
theproductslistedinArticle1(1)ofthatRegulation ;
Whereastheimportlevyonmolassesmustbeequal
tothethresholdpricelessthecifprice;whereasthe
thresholdpriceformolasseswasfixedbyCouncil
Regulation(EEC)No1399/78of20June1978fixing,
forthe1978/79sugaryear,thederivedintervention
prices,theinterventionpriceforrawbeetsugar,the
minimumpricesforbeet,thethresholdprices,the
maximumamountoftheproductionlevyandthe
amountoftherepaymenttooffsetstoragecosts,and
fixingthecoefficientforcalculatingthespecial
maximumquota(3);
Whereasthecifpriceformolassesiscalculatedbythe
CommissionforaCommunityfrontiercrossingpoint
whichwasfixedatRotterdambyCouncilRegulation
(EEC)No431/68of9April1968determiningthe
standardqualityforrawsugarandfixingtheCommu­
nityfrontiercrossingpointforcalculatingcifprices
forsugar(4);
Whereasthispricemustbebasedonthemostfavour­
ablepurchasingopportunitiesontheworldmarket
establishedforeachproductonthebasisofquotations
orpricesonthatmarketadjustedforanydeviation
fromthestandardqualityforwhichthethreshold
priceisfixed;whereasthestandardqualityfor
molasseswasdefinedbyCommissionRegulation
(EEC)No785/68of26June1968determiningthe
standardqualityandlayingdowndetailedrulesfor
calculatingthecifpriceformolasses(5);
Whereas,whenthemostfavourablepurchasingoppor­
tunitiesontheworldmarketarebeingestablished,the
Commission musttakeaccountofallavailableinfor­mationonoffersontheworldmarket,onquotations
ontheexchangeswhichareimportantforworldtrade,
onpricesrecordedonimportantthird-country
marketsandonsalesconcludedininternational trade
ofwhichithasknowledge,eitherdirectlyorthrough
theagencyoftheMemberStates;whereas,underthe
termsofArticle7ofRegulation (EEC)No785/68,the
Commissionmayforthispurposetakeanaverageof
severalpricesasabasis,providedthisaveragecanbe
regardedasbeingrepresentative ofactualmarket
trends;
WhereastheCommissionmustdisregardinformation
ifthegoodsconcernedarenotofsoundandfair
marketablequalityorifthepricequotedinanoffer
relatestoasmallquantityandisnotrepresentative of
themarket;whereasofferpriceswhichcanbe
regardedasnotrepresentative ofactualmarkettrends
mustalsobedisregarded ;
Whereas,oftheofferpricestakenintoconsideration ,
thosewhicharenotfordeliverycifRotterdammust
beadjusted,accountbeingtakeninparticularofthe
differencesinthecostoftransportingthegoods
betweentheportofloadingandtheportofdestina­
tionandbetweentheportofloadingandRotterdam ;
Whereas,ifinformationonmolassesofthestandard
qualityistobecomparable ,pricesmust,depending
onthequalityofthemolassesoffered,beincreasedor
reducedinthelightoftheresultsobtainedby
applyingArticle6ofRegulation(EEC)No785/68;
Whereasthecifpricemay,bywayofexception,be
leftunchangedforalimitedperiodiftheofferprice
whichservedasabasisforthepreviouscalculationof
thecifpriceisnotavailabletotheCommissionandif
theofferpriceswhichareavailableandwhichappear
nottobesufficientlyrepresentative ofactualmarket
trendswouldentailsuddenandconsiderablechanges
inthecifprice;
Whereasthelevymustbefixedeachweek;whereas
pursuanttoArticle5ofCommissionRegulation
(EEC)No837/68of28June1968ondetailedrules
fortheapplicationofleviesonsugar(6),aslast
amendedbyRegulation (EEC)No1428/78(7),the
levyisalteredonlyifthevariationintheelements
usedtocalculateitwouldentailanincreaseorareduc­
tionofnotlessthan0-05unitofaccountper100kilo­
gramsinrelationtothelevypreviouslyfixed;(»)OJNoL359,31.12.1974,p.1.
(2)OJNoL170,27.6.1978,p.1.
(})OJNoL170,27.6.1978,p.6.
(4)OJNoL89,10.4.1968,p.3.
(*)OJNoL145,27.6.1968,p.12.(6)OJNoL151,30.6.1968,p.42.
OOJNoL171,28.6.1978,p.34.

1.7.78 OfficialJournaloftheEuropeanCommunities NoL178/43
Whereas,inaccordancewithArticle21(1)ofRegula­
tion(EEC)No3330/74,thenomenclature provided
forinthisRegulationisincorporatedintheCommon
CustomsTariff;
Whereas,ifthelevysystemistooperatenormally,
leviesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2.25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;WhereastheopinionoftheMonetaryCommitteewas
requested;
Whereasitfollowsfromapplyingalltheseprovisions
thatthelevyformolassesshouldbefixedasshownin
theAnnextothisRegulation,
HASADOPTEDTHISREGULATION :
Article1
ThelevyreferredtoinArticle15(1)ofRegulation
(EEC)No3330/74is,inrespectofmolasses,hereby
fixedasshownintheAnnextothisRegulation .
Article2
ThisRegulationshallenterintoforceon1July1978.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30June1978.
FortheCommission
FinnGUNDELACH
Vice-President
ANNEX
totheCommissionRegulationof30June1978fixingtheimportlevyonmolasses
(u.a./100kg)
CCT
heading
NoDescriptionofgoods Levy
17.03 Molasses,whetherornotdecolourized 0