NoL151/26 OfficialJournaloftheEuropeanCommunities 7.6.73
REGULATION (EEC)No1503/73OFTHECOMMISSION
of6June1973
fixingthebasicamountoftheimportlevyonsyrupsandcertainothersugarproducts
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,Whereasthebasicamountmustbefixedevery
month;whereasitmust,however,bealteredduring
theperiodbetweenthedayonwhichitisfixedand
thefirstdayofthemonthfollowingthemonthfor
whichthebasicamountisapplicable,ifthelevyon
whitesugardiffersbyatleast0-40unitofaccount
fromtheaveragereferredtoaboveorfromthelevy
onwhitesugarusedtofixthebasicamount;where­
as,inthiscase,thebasicamountmustbeequalto
onehundredthofthelevyonwhitesugarusedto
calculatethealteration;
Whereas,ifthelevysystemistooperatenormally,
leviesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atmanygivenmoment,
withinabandof2-25%>,arateofexchange
basedontheireffectiveparity;
—forothercurrenciesanexchangeratebasedon
thearithmeticmeanofthespotmarketratesof
eachofthesecurrenciesrecordedforagiven
period,inrelationtotheCommunitycurrencies
referredtointheprevioussubparagraph ;whereas
theOpinionoftheMonetaryCommitteewas
requested;
Whereasthebasicamountthusfixedmustbead­
justedonthebasisofvariationsinthethresholdprice
forwhitesugaroccurringbetweenthemonthin
whichthebasicamountisfixedandtheperiodof
application ;whereasthisadjustment,equaltoone
hundredthofthedifferencebetweenthesetwo
thresholdprices,mustbedeductedfromoraddedto
thebasicamountinthecircumstancesprovidedforin
Artie.e7(6)ofRegulation (EEC)No837/68;HavingregardtotheTreatyestablishingtheEuro­
peanEconomicCommunity ;
HavingregardtoCouncilRegulationNo
1009/67/EEC(*)of18December1967onthecom­
monorganizationofthemarketinsugar,aslast
amendedbyRegulation (EEC)No174/73(2),and
inparticularArticle14(7)thereof;
WhereasArticle14(1)ofRegulationNo
1009/67/EECprovidesforchargingalevyonim­
portsoftheproductslistedinArticle1(1)ofthat
Regulation ;
WhereasthelevyontheproductslistedinArticle1
(1)(d)ofRegulationNo1009/67/EECmustbecal­
culated,whereappropriate,atastandardrateon
thebasisofthesucrosecontent(includingothersugars
expressedassucrose)oftheproductconcerned
andofthelevyonwhitesugar;whereas,however,
theleviesonmaplesugarandmaplesyruparelimi­
tedtotheamountresultingfromapplicationofthe
rateofdutyboundwithinGATT;
WhereasArticle7ofCommissionRegulation (EEC)
No837/68(3)of28June1968ondetailedrulesfor
theapplicationofleviesonsugar,asamendedby
Regulation (EEC)No878/69(4),providesthatthe
basicamountofthelevyfor100kilogrammesof
productmustbefixedperpercentageofsucrosecon­
tent;
Whereasthebasicamountofthelevymustbeequal
toonehundredthoftheaverageoftheleviesappli­
cableto100kilogrammesofwhitesugarduringthe
firsttwentydaysofthemonthprecedingthemonth
forwhichthebasicamountofthelevyisfixed;
whereas,however,thelevyapplicabletowhitesugar
onthedayprecedingthefixingofthebasicamount
mustbesubstitutedfortheaverageofthelevies,
wherethatlevydiffersbyatleast0-40unitofac­
countfromthataverage,HASADOPTED THISREGULATION :
Article1
Thebasicamountoftheimportlevyonthepro
ductslistedinArticle1(1)(d)ofRegulationNo
1009/67/EECisherebyfixed,per100kilogrammes
ofproduct,at0-0670unitofaccountperpercentage
pointofsucrosecontent.
Article2
(«)OJNo308,18.12.1967,p.1.
(■)OJNoL25,30.1.1973,p.1.
(»)OJNoL151,30.6.1968,p.42.
I*)OINo1.114,13.5.1969,p.9.ThisRegulationshallenterintoforceon7June
1973.

7.6.73 OfficialJournaloftheEuropeanCommunities NoL151/27
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,6June1973.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission