1.10.76 OfficialJournaloftheEuropeanCommunities NoL268/25
COMMISSION REGULATION (EEC)No2374/76
of30September1976
fixingthebasicamountoftheimportlevyonsyrupsandcertainothersugar
products
theperiodbetweenthedayonwhichitisfixedand
thefirstdayofthemonthfollowingthemonthfor
whichthebasicamountisapplicable,ifthelevyon
whitesugardiffersbyatleast0*40unitofaccount
fromtheaveragereferredtoaboveorfromthelevyon
whitesugarusedtofixthebasicamount;whereas,in
thiscase,thebasicamountmustbeequaltoone
hundredthofthelevyonwhitesugarusedtocalculate
thealteration;
"Whereas,ifthelevysystemistooperatenormally,
leviesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasthebasicamountthusfixedmustbeadjusted
onthebasisofvariationsinthethresholdpricefor
whitesugaroccurringbetweenthemonthinwhich
thebasicamountisfixedandtheperiodofapplica­
tion;whereasthisadjustment,equaltoonehundredth
ofthedifferencebetweenthesetwothresholdprices,
mustbedeductedfromoraddedtothebasicamount
inthecircumstances providedforinArticle7(6)of
Regulation(EEC)No837/68,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
3330/74of19December1974onthecommonorgani­
zationofthemarketinsugar('),aslastamendedby
Regulation (EEC)No1487/76(2),andinparticular
Article15(7)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,
WhereasArticle15(1)ofRegulation (EEC)No
3330/74providesforchargingalevyonimportsof
theproductslistedinArticle1(1)ofthatRegulation ;
WhereasthelevyontheproductslistedinArticle1
(1)(d)ofRegulation(EEC)No3330/74mustbecalcu­
lated,whereappropriate,atastandardrateonthe
basisofthesucrosecontent(includingothersugars
expressedassucrose)oftheproductconcernedandof
thelevyonwhitesugar;whereas,however,thelevies
onmaplesugarandmaplesyruparelimitedtothe
amountresultingfromapplicationoftherateofduty
boundwithinGATT;
WhereasArticle7ofCommissionRegulation (EEC)
No837/68of28June1968ondetailedrulesforthe
applicationofleviesonsugar(3),asamendedbyRegu­
lation(EEC)No1491/70(4),providesthatthebasic
amountofthelevyfor100kilogrammes ofproduct
mustbefixedperpercentageofsucrosecontent;
Whereasthebasicamountofthelevymustbeequal
toonehundredthoftheaverageoftheleviesappli­
cableto100kilogrammesofwhitesugarduringthe
firsttwentydaysofthemonthprecedingthemonth
forwhichthebasicamountofthelevyisfixed;
whereas,however,thelevyapplicabletowhitesugar
onthedayofthefixingofthebasicamountmustbe
substitutedfortheaverageofthelevies,wherethat
levydiffersbyatleast0-40unitofaccountfromthat
average;
Whereasthebasicamountmustbefixedevery
month;whereasitmust,however,bealteredduringHASADOPTEDTHISREGULATION :
Article1
Thebasicamountoftheimportlevyontheproducts
listedinArticle1(1)(d)ofRegulation (EEC)No
3330/74isherebyfixed,per100kilogrammes of
product,at01695unitofaccountperpercentage
pointofsucrosecontent.
Article2
(')OJNoL359,31.12.1974,p.1.
(2)OJNoL167,26.6.1976,p.9.
(3)OJNoL151,30.6.1968,p.42.
(4)OJNoL165,28.7.1970,p.8.ThisRegulationshallenterintoforceon1October
1976.

NoL268/26 OfficialJournaloftheEuropeanCommunities 1.10.76
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30September1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission