CELEX: 31977R1583
Language: en
Date: 1977-07-14 00:00:00
Title: Commission Regulation (EEC) No 1583/77 of 14 July 1977 amending Regulation (EEC) No 937/77 as regards sugar exported under certain tendering arrangements

15 . 7 . 77                                 Official Journal of the European Communities                        No L 175/ 17
                                         COMMISSION REGULATION ( EEC) No 1583/77
                                                              of 14 July 1977
                 amending Regulation (EEC) No 937/77 as regards sugar exported under certain
                                                         tendering arrangements
 THE COMMISSION OF THE EUROPEAN                                         on the basis of the intervention price plus the amount
 COMMUNITIES,                                                           of the levy charged on sugar of Community origin
 Having regard to the Treaty establishing the European                  under the system for compensating storage costs ;
                                                                        whereas, as a result of this new method of calculation ,
 Economic Community,
                                                                        it is necessary to adjust the amount of the compensa­
 Having regard to Council Regulation (EEC) No                           tion fixed by Article 2 of Regulation (EEC) No
 878/77 of 26 April 1977 on the exchange rates to be                    937/ 77 ;
applied in agriculture ('), and in particular Article 5
thereof,                                                                Whereas the measures provided for in this Regulation
                                                                        are in accordance with the opinion of the Manage­
Whereas Article 4 of Regulation (EEC) No 878 /77                        ment Committee for Sugar,
provides, in the event of alterations in the representa­
tive rate disadvantageous to the party concerned, for
the application of Council Regulation (EEC) No                          HAS ADOPTED THIS REGULATION :
 1134/68 of 30 July 1968 laying down rules for the
implementation of Regulation (EEC) No 653/68 on                                                 Article 1
conditions for alterations to the value of the unit of
account used for the common agricultural policy (2 ) ;                  In Annex I to Regulation (EEC) No 937/77 the
whereas, however, under the said Article 4, the disad­                  amount ' DM 2-33' shown in respect of compensation
vantage may be offset by an appropriate measure ;                       is replaced by ' DM 1-87'.
Whereas, in the sugar sector, the compensation was
fixed by Article 2 of Commission Regulation (EEC)                                               Article 2
No 937/77 of 29 April 1977 laying down detailed
rules for the application of Council Regulation (EEC)                   This Regulation shall enter into force on the day of its
No 878 /77 on the exchange rates to be applied in agri­                 publication in the Official Journal of the European
culture (3 ), as amended by Regulation ( EEC) No                        Communities.
 1 372/77 (4) ;
                                                                        It shall apply only to export operations in respect of
Whereas, with effect from 1 July 1977, the compensa­                    which the customs export formalities are completed
tory amounts in the sugar sector have been calculated                   on or after its entry into force .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 14 July 1977 .
                                                                                  For the Commission
                                                                                   Finn GUNDELACH
                                                                                      Vice-President
(')  OJ   No  L 106 ,  29 . 4 . 1977 , p. 27 .
(2)  OJ   No  L 188 ,  1 . 8 . 1968 , p. 1 .
(3 ) OJ   No  L I 10 , 30 . 4 . 1977 , p. 1 .
(4 ) OJ   No  L 156,   25 . 6 . 1977 , p. 33 .