CELEX: 31973R1755
Language: en
Date: 1973-06-29 00:00:00
Title: Regulation (EEC) No 1755/73 of the Commission of 29 June 1973 fixing the amount of the reimbursement and amount of the levy for offsetting storage costs for sugar for the 1973/74 marketing year

30 . 6 . 73                            Official Journal of the European Communities                         No L 176/73
                           REGULATION (EEC) No 1755/73 OF THE COMMISSION
                                                       of 29 June 1973
              fixing the amount of the reimbursement and amount of the levy for offsetting
                              storage costs for sugar for the 1973/74 marketing year
THE COMMISSION OF THE EUROPEAN                                   Whereas, pursuant to Article 4 of Regulation (EEC)
COMMUNITIES,                                                      No 750/68, the quantity in store to be taken into
                                                                  consideration for the reimbursement of one month's
                                                                  storage costs is equal to the average quantities of sugar
Having regard to the Treaty establishing the European             held in store at the beginning and at the end of the
Economic Community ;                                              month in question ; whereas, for the 1973/74
                                                                  marketing year, the quantities in store each month
                                                                  may be estimated on the basis of anticipated stocks at
Having regard to Council Regulation No 1009/                     the beginning of that year, estimated monthly produc­
67/EEC ( 1 ) of 18 December 1967 on the common                   tion, the quantities likely to be imported in the
organization of the market in sugar, as last amended              month under consideration and the quantities likely
by Regulation (EEC) No 1014/73 (2), and in particular            to be disposed of for domestic consumption or
Article 8 (3) thereof ;                                          exported during the same month ; whereas total
                                                                 average monthly stocks during the 1973/74 marketing
                                                                 year can be estimated at approximately 52-1 million
                                                                  metric tons of sugar expressed as white sugar ; whereas
Whereas Article 8(1 ) of Regulation 1009/67/ EEC lays            total reimbursement can thus be estimated at approxi­
down that storage costs for sugar and certain Commu­             mately 90-6 million units of account for the 1973/74
nity syrups shall be reimbursed at a flat rate by the            marketing year ;
Member States and that Member States shall charge a
levy on each sugar manufacturer per unit of weight of
sugar disposed of ; whereas, in accordance with the
same paragraph, the amount of the reimbursement
and the amount of the levy must be the same
throughout the Community ;                                       Whereas Article 9 of Regulation (EEC) No 750/68
                                                                 specifies that the amount of the levy shall be calcu­
                                                                 lated by dividing total anticipated reimbursements by
Whereas Article 5 of Council Regulation (EEC) No                 the anticipated quantity of sugar which will be
750/68 (3) of 18 June 1968 laying down general rules             disposed of during the sugar marketing year in ques­
for offsetting storage costs for sugar, as last amended          tion and produced within the maximum quotas ;
by Regulation (EEC) No 152/71 (4), provides that the             whereas total anticipated reimbursements are to be
amount of the reimbursement shall be fixed per                   increased or decreased as the case may be by the
month and per unit of weight, taking into considera­             amounts carried forward from preceding sugar
tion the costs of financing and insurance and specific           marketing years ; whereas there is a surplus of
storage costs ; whereas Article 3 of Commission Regu­            2 352 270 units of account for the 1968 / 69 to 1971 /72
lation (EEC) No 442/70 (5) of 9 March laying down                marketing years ; whereas the anticipated balance for
detailed rules for the application of the system of              the 1972/73 marketing year may be assessed as a
offsetting storage costs for sugar, as last amended by           deficit of 501 000 units of account ; whereas Article 3
Regulation (EEC) No 700/73 (6), lays down that the               of Regulation (EEC) No 442/70 lays down that the
reimbursement shall be fixed per 100 kilogrammes of              levy is fixed per 100 kg of white sugar ; whereas the
white sugar ;                                                    quantity of Community sugar which will be disposed
                                                                 of during the 1973/74 marketing year for home
                                                                 consumption or for export may be estimated at
Whereas the financing costs may, at present, be calcu­           approximately 8-9 million metric tons of sugar
lated on the basis of an interest rate of 7 % per year ;         expressed as white sugar ; whereas the amount of the
whereas insurance costs may be assessed at from 1 -5             levy should therefore be 0-994 unit of account per 100
to 2 per thousand per year ; whereas insurance costs             kilogrammes of white sugar ;
and specific storage costs be evaluated at 0-37 unit of
account per metric ton and per month ;
(') OJ No 308. 18 . 12. 1967, p. 1 .
(/) OJ No L 106, 20 . 4. 1973, p . 1 .
Y) OJ No L 137, 21 . 6. 1968, p. 4.                              Whereas the measures provided for in this Regulation
C) OJ No L 22, 28 . 1 . 1971 , p. 1 .
(5) OJ No L 55, 10. 3 . 1970, p. 10.                             are in accordance with the Opinion of the Manage­
(o) OJ No L 67, 14. 3 . 1973, p. 12.                             ment Committee for Sugar ;
 ---pagebreak--- No L 176/74                     Official Journal of the European Communities                            30 . 6. 73
HAS ADOPTED THIS REGULATION :                              2. For the 1973/74 marketing year, the amount of
                                                           the levy referred to in Article 8 of Regulation No
                     Article 1                             1009/67/EEC is hereby fixed at 0-994 unit of account
                                                           per 100 kilogrammes of white sugar.
1 . For the 1973/74 marketing year, the amount of
the reimbursement referred to in Article 8 of Regula­
tion No 1009/67/EEC is hereby fixed at 01 74 unit of                               Article 2
account per 100 kilogrammes of white sugar per
month.                                                     This Regulation shall enter into force on 1 July 1973.
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States.
            Done at Brussels, 29 June 1973 .
                                                                    For the Commission
                                                                        The President
                                                                   Francois-Xavier ORTOLI