Commission Regulation (EC) No 1164/2002 of 28 June 2002 amending Regulation (EC) No 1646/2001 as regards the setting of the amount of the adjustment aid and additional basic aid for the sugar refining industry for the 2002/2003 to 2005/2006 marketing years
Date: 2002-06-28
Institutions: European Commission
Subjects: aid system, common organisation of markets, marketing, sugar, sugar refining

L 170/48

EN

Official Journal of the European Communities

29.6.2002

COMMISSION REGULATION (EC) No 1164/2002
of 28 June 2002
amending Regulation (EC) No 1646/2001 as regards the setting of the amount of the adjustment aid
and additional basic aid for the sugar refining industry for the 2002/2003 to 2005/2006 marketing
years

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

Having regard to Council Regulation (EC) No 1260/2001 of 19
June 2001 on the common organisation of the markets in the
sugar sector (1), as amended by Commission Regulation (EC) No
680/2002 (2), and in particular Article 38(6) thereof,

period for which prices in the sugar sector are set, i.e.
for the 2002/2003 to 2005/2006 marketing years. The
level of the aid set for the 2001/2002 marketing year is
commensurate with developments in the situation in
particular after the abolition of the compensation system
for storage costs.

(4)

The Management Committee for Sugar has not delivered
an opinion within the time limit set by its chairman,

Whereas:

(1)

(2)

Article 38(1) and (3) of Regulation (EC) No 1260/2001
provides that during the 2001/2002 to 2005/2006 mar-
keting years adjustment aid is to be granted as an inter-
vention measure to the Community’s preferential raw
cane sugar refining industry, together with an additional
basic aid for raw cane sugar produced in the French
overseas departments.

Article 38(4) lays down that the adjustment aid and addi-
tional aid may be adjusted to take account of economic
trends in the sugar sector, particularly the margins for
manufacturing white beet sugar and refining raw cane
sugar. For the 2000/2001 and previous marketing years,
the adjustment aid and additional aid were determined,
inter alia, on the basis of the applicable storage levy. For
the 2001/2002 marketing year, the compensation sys-
tem for storage costs was abolished and the aid in ques-
tion set on the assumption that the balance between the
manufacturing margin and the refining margin has not
been affected by the abolition of the aforementioned sys-
tem and pending a study of economic developments in
the two sectors to establish in particular whether the
way in which the two margins have developed warrants
continuation of the adjustment aid and additional aid.

(3)

The analyses carried out lead to the conclusion that the
aid to the refining industry should continue to maintain
balance with the manufacture of white beet sugar in the

HAS ADOPTED THIS REGULATION:

Article 1

Article 3 of Regulation (EC) No 1646/2001 is replaced by the
following:

‘Article 3
1.
The adjustment aid and the additional basic aid re-
ferred to respectively in Article 38(1) and (3) of Regulation
(EC) No 1260/2001 are fixed, as a result of the adjustment
referred to in Article 38(4), to EUR 2,92 per 100 kg of su-
gar, expressed as white sugar, for the 2002/2003 to 2005/
2006 marketing years.
2.
That amount may be adjusted in accordance with Ar-
ticle 38(4) of Regulation (EC) No 1260/2001 where the
economic conditions, in particular the interest rate, prevail-
ing prior to the beginning of one of the marketing years in
question are significantly different from those existing when
the amount was fixed for the first time.’

Article 2

This Regulation shall enter into force on the day of its publica-
tion in the Official Journal of the European Communities.

It shall apply from 1 July 2002.

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

Done at Brussels, 28 June 2002.

For the Commission
Franz FISCHLER
Member of the Commission

(1) OJ L 178, 30.6.2001, p. 1.
(2) OJ L 104, 20.4.2002, p. 26.