NoL311/8 OfficialJournaloftheEuropeanCommunities 22.11.74
REGULATION (EEC)No2931/74OFTHECOUNCIL
of18November 1974
ontheintroductionofasubsidyonimportsofwhiteandrawsugar
Whereas,havingregardtotheforwardmarketin
sugar,thecostsoftheimportsubsidieswillbe
reducediftheimportersconcernedareauthorizedto
exportanequivalentquantityofsugarproduced
duringthe1975/76sugaryear;
Whereas,inviewofthecomplexityoftheproposed
measureandinordertoensureforallinterested
partiesequalconditionsofcompetition ,theamount
ofthesubsidyshouldbedeterminedbymeansofan
invitationtotender,
HASADOPTEDTHISREGULATION :THECOUNCILOFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo1009/
67/EECC)of18December1967onthecommon
organizationofthemarketinsugar,aslastamended
byRegulation (EEC)No2476/74(2),andinparticular
Article16(3)thereof;
HavingregardtoCouncilRegulation (EEC)No
608/72(3)of23March1972layingdownrulestobe
appliedincasesofconsiderablepricerisesonthe
worldsugarmarket,andinparticularArticle2
thereof;
HavingregardtotheproposalfromtheCommission ;
HavingregardtotheOpinionoftheEuropeanParlia­
ment;
WhereasArticle16(2)ofRegulationNo1009/
67/EECmakesprovisionforasubsidytobegranted
onimportsofwhiteandrawsugarifthecifpricefor
thesekindsofsugarishigherthanthethreshold
price;whereas,underArticle2ofRegulation(EEC)
No608/72,theCouncilmustdecideonthegranting
ofasubsidyofthiskindwhereitisfoundthat
suppliestotheCommunityortoahigh-consumption
regionoftheCommunitycannolongerbemain­
tained;
Whereastheconditionrelatingtothecifpricehas
beenfulfilledsinceDecember1973;whereas,given
thelatestforecastsinrelationtoproduction ,imports
andconsumption ,sugarsuppliestotheCommunity
asawholecannolongerbemaintained ;whereas,in
viewofsuchaserioussituation,animportsubsidy
mustbedecidedon;
WhereassugarpricesappliedontheCommunity
market,particularlyinthedeficitregions,areappreci­
ablyhigherthanthepricesfixedfortheCommunity ;
whereasinviewofthegeneralobjectiveofmain­
tainingsugarsuppliesattheCommunitypriceitis
necessarytofavourtheimportofquantitiesofsugar
sufficienttoensurethatthisobjectivebeobtained;
Whereastheamountinrespectofwhichthesubsidy
isgrantedshouldforthefirststagebelimitedto
200000metrictons;whereasdecisionsonlaterstages
willbetakeninthelightoftheeffectivenessotthe
measureinpractice;Article1
Asubsidyshallbegrantedonwhitesugarandraw
sugarimportedintotheCommunity .
Article2
1.Theimportsubsidyshallrelateonlytothequan­
tityofsugarnecessarytoguaranteesuppliesofsugar
totheCommunityuntilthebeginningofthe
processingofthe1975beetharvestonthebasisofthe
Communityprice.
2.Duringthefirststage,thequantityreferredtoin
paragraph 1shallbelimitedto200000metrictons.
3.ActingonaproposalfromtheCommissionin
accordancewiththevotingprocedurelaiddownin
Article43(2)oftheTreaty,theCouncilshalldecide
uponlaterstagesinthelightofexperienceandofthe
effectiveness ofthismeasure .
Article3
1.Tendersshallbeinvitedforthepurposeofdeter­
miningtheamountofthesubsidyperunitofweight
ofsugar.
2.Thetenderingconditionsmustguarantee
equalityofaccessforallpersonsestablishedinthe
Community.
3.Thesuccessfultenderershallberequiredto
abidebyamaximumpricelevel,fixedbyreferenceto
thethresholdprice,forsalesofthesugarinthe
Communitywithaviewtoconsumption .(')OJNo308,18.12.1967,p.1.
QOJNoL264,1.10.1974,p.70.
(nOJNoL75,28.3.1972,p.5.

22.11.74 OfficialJournaloftheEuropeanCommunities NoL311/9
4.Thetenderershallbeauthorizedtoexport
duringaspecifiedperiodaquantityofsugarcorres­
pondingtothatwhichhasbeenthesubjectofhis
tenderwithoutArticle16(1)ofRegulationNo1009/
67/EECbeingapplied.Article4
ThisRegulationshallenterintoforceonthethirdday
followingitspublicationintheOfficialJournalof
theEuropeanCommunities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,18November1974.
FurtheCouncil
ThePresident
Ch.BONNET