1.11.77 OfficialJournaloftheEuropeanCommunities NoL279/35
COMMISSION REGULATION (EEC)No2403/77
of31October1977
fixingthebasicamountoftheimportlevyonsyrupsandcertainothersugar
products
thefirstdayofthemonthfollowingthemonthfor
whichthebasicamountisapplicable,ifthelevyon
whitesugardiffersbyatleast0-40unitofaccount
fromtheaveragereferredtoaboveorfromthelevyon
whitesugarusedtofixthebasicamount;whereas,in
thiscase,thebasicamountmustbeequaltoone­
hundredthofthelevyonwhitesugarusedtocalculate
thealteration;
Whereas,ifthelevysystemistooperatenormally,
leviesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasthebasicamountthusfixedmustbeadjusted
onthebasisofvariationsinthethresholdpricefor
whitesugaroccurringbetweenthemonthinwhich
thebasicamountisfixedandtheperiodofapplica­
tion;whereasthisadjustment,equaltoone-hundreth
ofthedifferencebetweenthesetwothresholdprices,
mustbedeductedfromoraddedtothebasicamount
inthecircumstances providedforinArticle7(6)of
Regulation(EEC)No837/68,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
3330/74of19December1974onthecommonorgani­
zationofthemarketinsugar(J),aslastamendedby
Regulation (EEC)No1110/77(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
amountofthelevyfor100kilogramsofproductmust
befixedperpercentageofsucrosecontent;
Whereasthebasicamountofthelevymustbeequal
toone-hundredth oftheaverageoftheleviesappli­
cableto100kilogramsofwhitesugarduringthefirst
20daysofthemonthprecedingthemonthforwhich
thebasicamountofthelevyisfixed;whereas,
however,thelevyapplicabletowhitesugarontheday
ofthefixingofthebasicamountmustbesubstituted
fortheaverageofthelevies,wherethatlevydiffersby
atleast0-40unitofaccountfromthataverage;
Whereasthebasicamountmustbefixedevery
month;whereasitmust,however,bealteredduring
theperiodbetweenthedayonwhichitisfixedandHASADOPTEDTHISREGULATION :
Article1
Thebasicamountoftheimportlevyontheproducts
listedinArticle1(1)(d)ofRegulation(EEC)No
3330/74isherebyfixed,per100kilogramsofproduct,
at0-2626unitofaccountperpercentagepointof
sucrosecontent.
Article2
ThisRegulationshallenterintoforceon1November
1977.(>)OJNoL359,31.12.1974,p.1.
(2)OJNoL134,28.5.1977,p.1.
(3)OJNoL151,30.6.1968,p.42.
4)OJNoL165,28.7.1970,p.8.

NoL279/36 OfficialJournaloftheEuropeanCommunities 1.11.77
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31October1977.
FortheCommission
FinnGUNDELACH
Vice-President