NoL168/64 OfficialJournaloftheEuropeanCommunities1.7.75
REGULATION (EEC)No1676/75OFTHECOMMISSION
of30June1975
fixingtheimportlevyonmolasses
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;
\THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulation (EEC)No
3330/74(')of19December1974onthecommon
organizationofthemarketinsugar,andinparticular
Article15(7)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle15(1)ofRegulation (EEC)No
3330/74providesforchargingalevyonimportsof
theproductslistedinArticle1(1)ofthatRegulation ;
Whereastheimportlevyonmolassesmustbeequal
tothethresholdpricelessthecifprice;whereasthe
thresholdpriceformolasseswasfixedbyCouncil
Regulation (EEC)'No660/75(2)of4March1975
fixingforthe1975/76sugarmarketingyearthe
derivedinterventionprices,theinterventionpricesfor
rawbeetsugar,theminimumpricesforbeet,the
thresholdpricesandthemaximumamountofthe
productionlevy;
Whereasthecifpriceformolassesiscalculatedbythe
CommissionforaCommunityfrontiercrossingpoint
whichwasfixedatRotterdambyCouncilRegulation
(EEC)No431/68(3)of9April1968determiningthe
standardqualityforrawsugarandfixingtheCommu­
nityfrontiercrossingpointforcalculatingcifprices
forsugar;
Whereasthispricemustbebasedonthemost,favour­
ablepurchasingopportunitiesontheworldmarket
establishedforeachproductonthebasisofquotations
orpricesonthatmarketadjustedforanydeviation
fromthestandardqualityforwhichthethreshold
priceisfixed;whereasthestandardqualityfor
molasseswasdefinedbyCommission Regulation
(EEC)No785/68(4)of26June1968determiningthe
standardqualityandlayingdowndetailedrulesfor
calculatingthecifpriceformolasses;
Whereas,whenthemostfavourablepurchasingoppor­
tunitiesontheworldmarketarebeingestablished,the
Commission musttakeaccountofallavailableinfor­
mationonoffersontheworldmarket,onquotations
ontheexchangeswhichareimportantforworldtrade,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
pursuanttoArticle5ofCommission Regulation
(EEC)No837/68(5)of28June1968ondetailedrules
fortheapplicationofleviesonsugar,aslastamended
byRegulation(EEC)No1491/70(6),thelevyisaltered
onlyifthevariationintheelementsusedtocalculate
itwouldentailanincreaseorareductionofnotless
than0-05unitofaccountper100kilogrammesinrela­
tiontothelevypreviouslyfixed;
Whereas,inaccordancewithArticle21(1)ofRegula­
tion(EEC)No3330/74,thenomenclature provided(')OJNoL359,31.12.1974,p.1.
U)OJNoL72,20.3.1975,p.7.
(})OJNoL89,10.4.1968,p.3.
(")OJNoL145,27.6.1968,p.12.(5)OJNoL151,30.6.1968,p.42.
(6)OJNoL165,28.7.1970,p.8.

1.7.75 OfficialJournaloftheEuropeanCommunities NoL168/65
Whereasitfollowsfromapplyingalltheseprovisions
thatthelevyformolassesshouldbefixedasshownin
theAnnextothisRegulation,forinthisRegulationisincorporatedintheCommon
CustomsTariff;
Whereas,ifthelevysystemistooperatenormally,
leviesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
WhereastheOpinionoftheMonetaryCommitteewas
requested;HASADOPTEDTHISREGULATION :
Article1
ThelevyreferredtoinArticle15(1)ofRegulation
(EEC)No3330/74is,inrespectofmolasses,hereby
fixedasshownintheAnnextothisRegulation.
Article2
ThisRegulationshallenterintoforceon1July1975.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30June1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission