Commission Regulation (EC) No 1940/98 of 11 September 1998 revising the maximum amount for the B production levy and amending the minimum price for B beet in the sugar sector for the 1998/99 marketing year
Date: 1998-09-11
Institutions: European Commission
Subjects: intervention price, marketing, minimum price, sugar beet, sugar levy, white sugar

12. 9. 98

EN

Official Journal of the European Communities

L 252/13

COMMISSION REGULATION (EC) No 1940/98

of 11 September 1998

revising the maximum amount for the B production levy and amending the
minimum price for B beet in the sugar sector for the 1998/99 marketing year

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

Having regard to Council Regulation (EEC) No 1785/81
of 30 June 1981 on the common organisation of the
last amended by
markets
Commission Regulation (EC) No 1148/98 (2), and in
particular the second and third indents of Article 28(8)
thereof,

in the sugar

sector (1), as

68 % of the basic price for beet; whereas Article 28(5) of
the said Regulation provides that the revised maximum
percentage for the B levy should be fixed for the current
marketing year before 15 September of that marketing
year, together with the corresponding adjustment of the
minimum price for B beet set for the 1998/99 marketing
year by way of Council Regulation (EC) No 1361/98 (3);

Whereas the measures provided for in this Regulation are
in accordance with the opinion of
the Management
Committee for Sugar,

Whereas Article 28(3) and (4) of Regulation (EEC) No
1785/81 provides that the losses resulting from the obli-
gation to export surpluses of Community sugar are to be
covered by production levies on the production of A and
B sugar, of A and B isoglucose and of inulin syrup A and
B within certain limits;

HAS ADOPTED THIS REGULATION:

Article 1

Whereas Article 28(5) of Regulation (EEC) No 1785/81
provides that, where the receipts expected from the basic
production levy and the B levy, which must not exceed
2 % and 30 % respectively of the intervention price for
white sugar for that marketing year, may well fail to cover
the foreseeable total loss for the current marketing year,
the maximum percentage of the B levy is to be adjusted
to the extent necessary to cover the said total loss but
without exceeding 37,5 %;

Whereas the foreseeable receipts, prior to adjustment, of
the levies to be collected in respect of
the 1998/99
marketing year are below the equivalent of the average
loss multiplied by the exportable surplus; whereas accord-
ingly, in the light of the data at present available, the
maximum amount of the B levy for 1998/99 should be
raised to 37,5 % of the intervention price for the white
sugar concerned;

For

the 1998/99 marketing year

the maximum
1.
amount referred to in the first indent of Article 28(4) of
Regulation (EEC) No 1785/81 shall be increased to
37,5 % of the intervention price for white sugar for that
marketing year.

2.
For the 1998/99 marketing year, the minimum price
for B beet referred to in the second subparagraph of
Article 5(2) of Regulation (EEC) No 1785/81 shall be
60,5 % of the basic price for beet for that marketing year.

Article 2

For the 1998/99 marketing year the minimum price for B
beet shall, pursuant to Article 28(5) of Regulation (EEC)
No 1785/81, be amended to ECU 28,84 per tonne.

Whereas the second subparagraph of Article 5(2) of Regu-
lation (EEC) No 1785/81 provides that, subject to Article
28 of that Regulation, the minimum price for B beet is

This Regulation shall enter into force on the third day
following its publication in the Official Journal of the
European Communities.

(1) OJ L 177, 1. 7. 1981, p. 4.
(2) OJ L 159, 3. 6. 1998, p. 38.

(3) OJ L 185, 26. 6. 1998, p. 3.

Article 3

L 252/14

EN

Official Journal of the European Communities

12. 9. 98

This Regulation shall be binding in its entirety and directly applicable in all Member
States.

Done at Brussels, 11 September 1998.

For the Commission

Franz FISCHLER

Member of the Commission