1.7.75 OfficialJournaloftheEuropeanCommunities NoL168/55
REGULATION (EEC)No1671/75OFTHECOMMISSION
of30June1975
fixingforthe1975/76marketingyeartheamountsofthereimbursement and
levyinconnectionwiththeoffsettingofstoragecostsforsugar
thebeginningofthatmarketingyear,estimated
monthlyproduction,thequantitieslikelytobe
importedinthemonthunderconsideration andthe
quantitieslikelytobedisposedoffordomestic
consumptionorexportedduringthesamemonth;
whereastotalaveragemonthlystocksduringthe
1975/76marketingyearcanbeestimatedatapproxi­
mately51-5millionmetrictonsofsugarexpressedas
whitesugar;whereasthetotalreimbursement can
thusbeestimatedatapproximately 123-6milionunits
ofaccountforthe1975/76marketingyear;
WhereasArticle9ofRegulation (EEC)No750/68
specifiesthattheamountofthelevyshallbecalcu­
latedbydividingtotalanticipatedreimbursements by
theanticipatedquantityofsugarwhichwillbe
disposedofduringthesugarmarketingyearinques­
tionandproduced -withinthemaximumquotas;
whereastotalanticipatedreimbursements aretobe
increasedordecreasedasthecasemaybebythe
amountscarriedforwardfromprecedingsugar
marketingyears;whereasthereisasurplusof11-8
millionunitsofaccountforthemarketingyear
1968/69to1973/74;whereastheanticipatedbalance
forthe1974/75marketingyearmaybeassessedasa
surplusof6-3millionunitsofaccount;whereas
Article3ofRegulation(EEC)No442/70providesthat
thelevyistobefixedper100kgofwhitesugar;
whereasthequantityofCommunitysugarwhichwill
bedisposedofduringthe1975/76marketingyearfor
homeconsumptionorforexportmaybeestimatedat
approximately 10-3millionmetrictonsofsugar
expressedaswhitesugar;whereastheamountofthe
levyshouldthereforebe1-02unitsofaccountper100
kilogrammesofwhitesugar;
I
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforSugar,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulation (EEC)No
3330/74(')of19December1974on,thecommon
organizationofthemarketinsugar,andinparticular
thelastsubparagraph ofArticle8(2)thereof;
WhereasArticle8(1)ofRegulation(EEC)No3330/74
providesthatstoragecostsforsugarandforcertain
Communitysyrupsshallbereimbursedataflatrate
bytheMemberStatesandthatMemberStatesshall
chargealevyoneachsugarmanufacturerperunitof
weightofsugarmarketed;whereasthatparagraphalso
providesthattheamountofthereimbursement andof
thelevymustbethesamethroughouttheCommu­
nity;
WhereasArticle5ofCouncilRegulation (EEC)No
750/68(2)of18June1968layingdowngeneralrules
foroffsettingstoragecostsforsugar,aslastamended
byRegulation (EEC)No152/71(3),providesthatthe
amountofthereimbursement shallbefixedper
monthandperunitofweight,takingintoaccount
costsinrespectoffinancing,insuranceandspecific
storage;whereasArticle3ofCommissionRegulation
(EEC)No442/70(4)of9March1970layingdown
detailedrulesfortheapplicationofthesystemof
offsettingstoragecostsforsugar,aslastamendedby
Regulation(EEC)No1688/74(5),laysdownthatthe
reimbursement shallbefixedper100kilogrammesof
whitesugar;
Whereasthefinancingcostsmayatpresentbecalcu­
latedonthebasisofaninterestrateof7-5%per
year;whereasinsurancecostsmaybeassessedatfrom
1-5to2permilleperyear;whereasinsurancecosts
andspecificstoragecostsmaybetogetherevaluatedat
0-46unitofaccountpermetrictonandpermonth;
Whereas,pursuanttoArticle4ofRegulation(EEC)
No750/68,thequantityinstoretobetakeninto
consideration forthereimbursement ofonemonth's
storagecostsisequaltotheaveragequantitiesofsugar
heldinstore,atthebeginningandattheendofthe
monthinquestion;whereas,forthe1975/76
marketingyear,thequantities -instoreeachmonth
maybeestimatedonthebasisofanticipatedstocksatHASADOPTEDTHISREGULATION :•
Article1
1.Forthe1975/76marketingyear,theamountof
thereimbursement referredtoinArticle8ofRegula­
tion(EEC)No3330/74isherebyfixedat0-24unitof
accountper100kilogrammes ofwhitesugarper
month.(')OJNoL359,31.12.1974,p.1.
(2)OJNoL137,21.6.1968,p.4.
(3)OJNoL22,28.1.1971,p.1.
(4)OJNoL55,10.3.1970,p.10.
5OJNoL176,30.6.1974,p.5.

NoL168/56 OfficialJournaloftheEuropeanCommunities1.7.75
2.Forthe1975/76marketingyear,theamountof
thelevyreferredtoinArticle8ofRegulation(EEC)
No3330/74isherebyfixedat1-02unitsofaccount
per100kilogrammesofwhitesugar.Article2
ThisRegulationshallenterintoforceon1July1975.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
Doneat.Brussels,30June1975.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission