CELEX: 31975R1676
Language: en
Date: 1975-07-01 00:00:00
Title: Regulation (EEC) No 1676/75 of the Commission of 30 June 1975 fixing the import levies on molasses

No L 168 / 64                         Official Journal of the European Communities                                1 . 7 . 75
                          REGULATION (EEC) No 1676/75 OF THE COMMISSION
                                                      of 30 June 1975
                                           fixing the import levy on molasses
THE COMMISSION OF THE EUROPEAN                                  on     prices recorded on         important third-country
COMMUNITIES,                                                     markets and on sales concluded in international trade
                                                                of which it has knowledge, either directly or through
Having regard to the Treaty establishing the European           the agency of the Member States ; whereas, under the
Economic Community ;                                            terms of Article 7 of Regulation (EEC) No 785/68 , the
                                                                 Commission may for this purpose take an average of
Having regard to Council Regulation (EEC) No                    several prices as a basis, provided this average can be
3330/74 (') of 19 December 1974 on the common                   regarded as being representative of actual market
organization of the market in sugar, and in particular           trends ;
Article 15 (7) thereof ;
                                                                Whereas the Commission must disregard information
Having regard to the Opinion of the Monetary                     if the goods concerned are not of sound and fair
Committee ;
                                                                 marketable quality or if the price quoted in an offer
                                                                 relates to a small quantity and is not representative of
Whereas Article 15 ( 1 ) of Regulation (EEC) No
                                                                the market ; whereas offer prices which can be
3330/74 provides for charging a levy on imports of
                                                                regarded as not representative of actual market trends
the products listed in Article 1 ( 1 ) of that Regulation ;
                                                                 must also be disregarded ;
Whereas the import levy on molasses must be equal
to the threshold price less the cif price ; whereas the         Whereas, of the offer prices taken into consideration,
threshold price for molasses was fixed by Council                those which are not for delivery cif Rotterdam must
Regulation (EEC) 'No 660/75 (2) of 4 March 1975                 be adjusted, account being taken in particular of the
fixing for the 1975/76 sugar marketing year the                 differences in the cost of transporting the goods
derived intervention prices, the intervention prices for        between the port of loading and the port of destina­
raw beet sugar, the minimum prices for beet, the                tion and between the port of loading and Rotterdam ;
threshold prices and the maximum amount of the                                                       \
production levy ;                                               Whereas, if information on molasses of the standard
                                                                quality is to be comparable, prices must, depending
Whereas the cif price for molasses is calculated by the         on the quality of the molasses offered, be increased or
Commission for a Community frontier crossing point              reduced in the light of the results obtained by
which was fixed at Rotterdam by Council Regulation              applying Article 6 of Regulation (EEC) No 785/68 ;
(EEC) No 431 /68 (3) of 9 April 1968 determining the
standard quality for raw sugar and fixing the Commu­            Whereas the cif price may, by way of exception, be
nity frontier crossing point for calculating cif prices          left unchanged for a limited period if the offer price
for sugar ;                                                     which served as a basis for the previous calculation of
                                                                the cif price is not available to the Commission and if
Whereas this price must be based on the most , favour­          the offer prices which are available and which appear
able purchasing opportunities on the world market                not to be sufficiently representative of actual market
established for each product on the basis of quotations         trends would entail sudden and considerable changes
or prices on that market adjusted for any deviation              in the cif price ;
from the standard quality for which the threshold
price is fixed ; whereas the standard quality for               Whereas the levy must be fixed each week ; whereas
molasses was defined by Commission Regulation                    pursuant to Article 5 of Commission Regulation
(EEC) No 785/68 (4) of 26 June 1968 determining the             (EEC) No 837/68 (5) of 28 June 1968 on detailed rules
standard quality and laying down detailed rules for              for the application of levies on sugar, as last amended
calculating the cif price for molasses ;                        by Regulation (EEC) No 1491 /70 (6), the levy is altered
                                                                only if the variation in the elements used to calculate
Whereas, when the most favourable purchasing oppor­              it would entail an increase or a reduction of not less
tunities on the world market are being established, the
Commission must take account of all available infor­            than 0-05 unit of account per 100 kilogrammes in rela­
                                                                tion to the levy previously fixed ;
mation on offers on the world market, on quotations
on the exchanges which are important for world trade,
                                                                Whereas, in accordance with Article 21 ( 1 ) of Regula­
(') OJ No L 359, 31 . 12. 1974, p. 1 .                          tion (EEC) No 3330/74, the nomenclature provided
U) OJ No L 72, 20. 3. 1975, p. 7.
(}) OJ No L 89, 10 . 4. 1968 , p. 3 .                           (5) OJ No L 151 , 30 . 6. 1968 , p. 42.
(") OJ No L 145, 27. 6. 1968, p. 12.                            (6) OJ No L 165, 28 . 7. 1970, p. 8 .
 ---pagebreak--- 1 . 7 . 75                         Official Journal of the European Communities                        No L 168 /65
for in this Regulation is incorporated in the Common          Whereas it follows from applying all these provisions
Customs Tariff ;                                              that the levy for molasses should be fixed as shown in
                                                              the Annex to this Regulation,
Whereas, if the levy system is to operate normally,
levies should be calculated on the following basis :
— in the case of currencies which are maintained in           HAS ADOPTED THIS REGULATION :
     relation to each other, at any given moment,
     within a band of 2-25 % , a rate of exchange based
     on their effective parity ;                                                     Article 1
— for other currencies an exchange rate based on the          The levy referred to in Article 15 ( 1 ) of Regulation
     arithmetic mean of the spot market rates of each         (EEC) No 3330/74 is, in respect of molasses, hereby
     of these currencies recorded for a given period, in      fixed as shown in the Annex to this Regulation .
     relation to the Community currencies referred to
     in the previous subparagraph ;
                                                                                     Article 2
Whereas the Opinion of the Monetary Committee was
requested ;                                                   This Regulation shall enter into force on 1 July 1975.
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 30 June 1975.
                                                                       For the Commission
                                                                          P.J. LARDINOIS
                                                                   Member of the Commission