NoL162/88 OfficialJournaloftheEuropeanCommunities 30.6.79
COMMISSION REGULATION (EEC)No1329/79
of29June1979
fixingtheimportlevyonmolasses
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
3330/74of19December1974onthecommonorgani­
zationofthemarketinsugar(1),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)No1289/79of25June1979fixing,
forthe1979/80sugaryear,thederivedintervention
prices,theinterventionpriceforrawbeet,the
thresholdprices,themaximumamountoftheproduc­
tionlevyandtheamountoftherepaymenttooffset
storagecosts(3);
Whereasthecifpriceformolassesiscalculatedbythe
CommissionforaCommunityfrontiercrossingpoint
whichwasfixedatRotterdambyCouncilRegulation
(EEC)No431/68of9April1968determiningthe
standardqualityforrawsugarandfixingtheCommu­
nityfrontiercrossingpointforcalculatingcifprices
forsugar(4);
Whereasthispricemustbebasedonthemostfavour­
ablepurchasingopportunities ontheworldmarket
establishedforeachproductonthebasisofquotations
orpricesonthatmarketadjustedforanydeviation
fromthestandardqualityforwhichthethreshold
priceisfixed;whereasthestandardqualityfor
molasseswasdefinedbyCommission Regulation
(EEC)No785/68of26June1968determiningthe
standardqualityandlayingdowndetailedrulesfor
calculatingthecifpriceformolasses(5);
Whereas,whenthemostfavourablepurchasingoppor­
tunitiesontheworldmarketarebeingestablished,the
Commission musttakeaccountofallavailableinfor­
mationonoffersontheworldmarket,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 ;
Whereasanypricesoroffertakenintoconsideration
whicharenotfordeliverycifRotterdammustbe
adjusted,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;
Whereas,inaccordancewithArticle21(1)ofRegula­
tion(EEC)No3330/74,thenomenclature provided(>)OJNoL359,31.12.1974,p.1.
(2)OJNoL170,27.6.1978,p.1.
(3)Seepage3ofthisOfficialJournal .
(4)OJNoL89,10.4.1968,p.3.
(5)OJNoL145,27.6.1968,p.12.(^)OJNoL151,30.6.1968,p.42.
(7)OJNoL171,28.6.1978,p.34.

30.6.79 OfficialJournaloftheEuropeanCommunities NoL162/89
expressingamounts,fixedinunitsofaccount,in
ECU;
Whereasitfollowsfromapplyingtheseprovisions
thatthelevyformolassesshouldbeassetoutinthe
Annexhereto,
HASADOPTED THISREGULATION :
Article1
TheimportlevyreferredtoinArticle15(1)ofRegula­
tion(EEC)No3330/74shallbe,inrespectof
molasses,assetoutintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon1July1979.forinthisRegulationisincorporatedintheCommon
CustomsTariff;
Whereas,ifthelevysystemistooperatenormally,
leviesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagiven-periodin
relationtotheCommunitycurrenciesreferredto
inthepreviousindent;
WhereasCouncilRegulation (EEC)No652/79of29
March1979(!)laiddownthecoefficientfor
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,29June1979.
FortheCommission
FinnGUNDELACH
Vice-President
(')OJNoL84,4.4.1979,p.1.
ANNEX
totheCommission Regulationof29June1979fixingtheimportlevyonmolasses
(ECU/100kg)
CCT
heading
NoDescription Levy
17.03 Molasses,whetherornotdecolorized 0