CELEX: 31972R1397
Language: en
Date: 1972-06-30 00:00:00
Title: Regulation (EEC) No 1397/72 of the Commission of 30 June 1972 fixing the amount of the reimbursement and amount of the levy for offsetting storage costs for sugar for the 1972/73 marketing year

Official Journal of the European Communities                                     615
 No L 149/64                           Official Journal of the European Communities                                  1.7.72
                                REGULATION (EEC) No 1397/72 OF THE COMMISSION
                                                       of 30 June 1972
                fixing the amount of the reimbursement and amount of the levy for offsetting storage
                                       costs for sugar for the 1972/73 marketing year
 THE    COMMISSION         OF     THE  EUROPEAN      COM­           for sugar, as amended by Regulation (EEC) No
 MUNITIES,                                                         335/71 ,6 lays down that the reimbursement shall be
                                                                   fixed per 100 kilogrammes of white sugar;
Having regard to the Treaty establishing the                       Whereas the financing costs may, at present, be
 European Economic Community;                                      calculated on the basis of an interest rate of 6-5% per
                                                                   year; whereas insurance costs may be assessed at
                                                                   from 1-5 to 2 per thousand per year; whereas
 Having     regard      to     Council   Regulation     No         insurance costs and specific storage costs be
 1009/67/EEC1 of 18 December 1967 on the common
 organization of the market in sugar, as last amended
                                                                   evaluated at 0-37 units of account per metric ton and
                                                                   per month ;
 by Regulation (EEC) No 607/72,2 and in particular
 Article 8 (3 ) thereof;
                                                                   Whereas, pursuant to Article 4 of Regulation (EEC)
                                                                   No 750/68 , the quantity in store to be taken into
Whereas Article 8 ( 1 ) of Regulation 1009/67/EEC                  consideration for the reimbursement of one month's
lays down that storage costs for sugar and certain                 storage costs is equal to the average quantities of
 Community syrups shall be reimbursed at a flat rate               sugar' held in store at the beginning and at the end of
by the Member States and that Member States shall                  the month in question ; whereas, for the 1972/73
 charge a levy on each sugar manufacturer per unit of              marketing year, the quantities in store each month
weight of sugar produced; whereas, in accordance                   may be estimated on the basis of anticipated stocks at
with the same paragraph, the amount of the                         the beginning of that year, estimated monthly
 reimbursement and the amount of the levy must be                  production, the quantities likely to be imported in the
 the same throughout the Community ;                               month under consideration and the quantities likely
                                                                   to be disposed of for domestic consumption or
                                                                   exported during the same month; whereas , total
Whereas Article 5 of Council Regulation (EEC ) No                  average monthly stocks during the 1972/73
750/683 of 18 June 1968 laying down general rules                  marketing year can be estimated at approximately
for offsetting storage costs for sugar, as last amended            45-5 million metric tons of sugar expressed as white
by Regulation (EEC) No 152/71,4 provides that the                  sugar; whereas total reimbursements can thus be
amount of the reimbursement shall be fixed per                     estimated at approximately 74 million units of
month and per unit of weight, taking into                          account for the 1972/73 marketing year;
consideration the costs of financing and insurance
and specific storage costs ; whereas Article 3 of                  Whereas Article 9 of Regulation ( EEC) No 750/68
Commission Regulation (EEC) No 442/705 of 9                        specifies that the amount of the levy shall be
March 1970 laying down detailed rules for the                      calculated by dividing total anticipated reimburse­
application of the system of offsetting storage costs              ments by the anticipated quantity of sugar which will
                                                                   be disposed of during the sugar marketing year in
                                                                   question and produced within the maximum quotas ;
                                                                   whereas total anticipated reimbursements are to be
                                                                   increased or decreased as the case may be by the
1  OJ No 308, 18.12.1967, p. 1 .                                   amounts carried forward from preceding sugar
2  OJ No L 75 , 28.3.1972, p . 4.
3  OJ No L 137, 11.6.1968, p. 4.
4  OJ No L 20, 28.1.1971, p. 1.
5 OJ No L 55, 10.3.1970, p. 10.                                  6 OJ No L 39, 17.2.1971 , p. 15 .
 ---pagebreak--- 616                               Official Journal of the European Communities
marketing years ;' whereas there is a deficit of             HAS ADOPTED THIS REGULATION :
2 756 702 units of account for the         1968 /69 to
1970/71 marketing years ; whereas the anticipated                                   Article 1
balance for the 1971 /72 marketing year may be
assessed as a deficit of 417 000 units of account;           1.    For the 1972/73 marketing year, the amount of
whereas Article 3 of Regulation (EEC) No 442/70              the  reimbursement referred      to  in  Article  8 of
lays down that the levy is fixed per 100 kg of white         Regulation No 1009/67/EEC is hereby fixed at 0-163
sugar ; whereas the quantity of Community sugar              units of account per 100 kilogrammes of white sugar
which will be disposed of during the 1972/73                 per month.
marketing year for home consumption or for export
may be estimated at approximately 8-1 million metric         2. For the 1972/73 marketing year, the amount of
tons of sugar expressed as white sugar ; whereas the         the levy referred to in Article 8 of Regulation No
amount of the levy should therefore be 0-95 units of         1009/67/EEC is hereby fixed at 0-95 units of account
account per 100 kilogrammes of white sugar ;                 per 100 kilogrammes of white sugar.
Whereas the measures provided for in this Regulation                                Article 2
are in accordance with the Opinion of the
Management Committee for Sugar;                              This Regulation shall enter into force on 1 July 1972.
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States .
            Done at Brussels, 30 June 1972.
                                                                               For the Commission
                                                                                    The President
                                                                                 S. L. MANSHOLT