Commission Regulation (EC) No 1430/2003 of 11 August 2003 revising the maximum amount for the B production levy and amending the minimum price for B beet in the sugar sector for the 2003/04 marketing year
Date: 2003-08-11
Institutions: European Commission
Subjects: intervention price, minimum price, sugar beet, sugar levy, white sugar

12.8.2003

EN

Official Journal of the European Union

L 203/15

COMMISSION REGULATION (EC) No 1430/2003

of 11 August 2003

revising the maximum amount for the B production levy and amending the minimum price for B
beet in the sugar sector for the 2003/04 marketing year

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 the second and third indents
of Article 15(8) thereof,

Whereas:

(1)

(2)

(3)

Article 15(3) and (4) of Regulation (EC) No 1260/2001
provide that the losses resulting from the obligation to
export surpluses of Community sugar are to be covered,
within certain limits, by production levies on the
production of A and B sugar, of A and B isoglucose and
of inulin syrup A and B.

Article 15(5) of Regulation (EC) No 1260/2001 provides
that, where the receipts expected from the basic produc-
tion 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
loss but
the extent necessary to cover the said total
without exceeding 37,5 %.

According to the provisional data currently available, the
receipts, before adjustment, of the levies to be collected
in respect of the 2003/04 marketing year are likely to be
below the equivalent of the average loss multiplied by
the exportable surplus. The maximum amount of the B
levy for 2003/04 should therefore be raised to 37,5 % of
the intervention price for the white sugar concerned.

(4)

(5)

Article 4(1)(b) of Regulation (EC) No 1260/2001 fixes
the minimum price for B beet at EUR 32,42 per tonne,
that Regulation, which
subject
provides for the corresponding adjustment of the price
for B beet in the event of adjustment of the maximum
amount of the B levy.

to Article 15(5) of

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

HAS ADOPTED THIS REGULATION:

Article 1

For the 2003/04 marketing year, the maximum amount of the
B levy referred to in the first indent of Article 15(4) of Regula-
tion (EC) No 1260/2001 shall be increased to 37,5 % of the
intervention price for white sugar.

Article 2

For the 2003/04 marketing year, the minimum price for B beet
referred to in Article 4(1)(b) of Regulation (EC) No 1260/2001
shall be fixed, in accordance with Article 15(5) of that Regula-
tion, at EUR 28,84 per tonne.

Article 3

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

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

Done at Brussels, 11 August 2003.

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.