Regulation (EEC) No 785/68 of the Commission of 26 June 1968 determining the standard quality and laying down detailed rules for calculating the c.i.f. price for molasses
Official Journal L 145 , 27/06/1968 P. 0012 - 0014
Danish special edition: Series I Chapter 1968(I) P. 0155
English special edition: Series I Chapter 1968(I) P. 0163
Greek special edition: Chapter 03 Volume 3 P. 0070
Spanish special edition: Chapter 03 Volume 2 P. 0144
Portuguese special edition Chapter 03 Volume 2 P. 0144
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( 1 ) OJ N 308 , 18 . 12 . 1967 , P . 1 .
REGULATION ( EEC ) N 785/68 OF THE COMMISSION
OF 26 JUNE 1968
DETERMINING THE STANDARD QUALITY AND LAYING DOWN DETAILED RULES FOR CALCULATING THE C.I.F . PRICE FOR MOLASSES
THE COMMISSION OF THE EUROPEAN COMMUNITIES ,
HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ;
HAVING REGARD TO COUNCIL REGULATION N 1009/67/EEC ( 1 ) OF 18 DECEMBER 1967 ON THE COMMON ORGANISATION OF THE MARKET IN SUGAR , AND IN PARTICULAR ARTICLES 12 ( 6 ) AND 13 ( 4 ) THEREOF ;
WHEREAS ARTICLE 12 ( 6 ) OF REGULATION N 1009/67/EEC REQUIRES THE STANDARD QUALITY OF MOLASSES TO BE DETERMINED ; WHEREAS , MOREOVER , ARTICLE 13 ( 4 ) OF THE ABOVE-MENTIONED REGULATION PROVIDES THAT DETAILED RULES MUST BE LAID DOWN FOR CALCULATING C.I.F . PRICES AND FOR ADJUSTING THEM TO ALLOW FOR ANY DEVIATIONS FROM THE STANDARD QUALITY ;
WHEREAS A TOTAL SUGAR CONTENT OF 48 % CAN BE CONSIDERED AS REPRESENTATIVE OF THE GREATER PART OF MOLASSES PRODUCED IN THE COMMUNITY ; WHEREAS IT IS THEREFORE APPROPRIATE TO SELECT MOLASSES OF SOUND AND FAIR MARKETABLE QUALITY WITH A TOTAL SUGAR CONTENT OF 48 % AS THE STANDARD QUALITY AND , FOR THE PURPOSE OF CONVERTING PRICES APPLICABLE TO THE STANDARD QUALITY , TO MAKE PROVISION FOR AN ADJUSTMENT OF ONE FORTYEIGHTH FOR EACH PERCENTAGE POINT OF TOTAL SUGAR CONTENT BY WHICH THE MOLASSES OFFERED DIFFERS FROM THE TOTAL SUGAR CONTENT OF THE STANDARD QUALITY ;
WHEREAS , PURSUANT TO PARAGRAPHS 1 AND 2 OF ARTICLE 13 OF REGULATION N 1009/67/EEC , THE MOST FAVOURABLE PURCHASING OPPORTUNITIES FOR MOLASSES ON THE WORLD MARKET MUST BE DETERMINED FOR A SPECIFIED FRONTIER CROSSING POINT ;
WHEREAS IT SEEMS APPROPRIATE TO FIX THE C.I.F . PRICE FOR MOLASSES ONCE A WEEK TO TAKE THE PECULIAR CHARACTERISTICS OF THE MARKET IN MOLASSES INTO ACCOUNT AND TO FACILITATE BUSINESS PLANNING BY PROCESSING INDUSTRIES AND THE TRADE ; WHEREAS , TO THIS END , THE COMMISSION MUST TAKE ALL INFORMATION AVAILABLE TO IT EITHER DIRECTLY OR THROUGH THE AGENCY OF THE MEMBER STATES INTO ACCOUNT ; WHEREAS , TO ENSURE OBJECTIVITY AND THAT THE C.I.F . PRICES TO BE CALCULATED ARE REPRESENTATIVE , CERTAIN INFORMATION MUST BE DISREGARDED WHEN C.I.F . PRICES ARE BEING CALCULATED , PARTICULARLY IF THE QUANTITIES INVOLVED ARE SMALL OR IF THE GOODS ARE NOT OF SOUND AND FAIR MARKETABLE QUALITY ; WHEREAS ,