CELEX: 31975R1671
Language: en
Date: 1975-06-30 00:00:00
Title: Regulation (EEC) No 1671/75 of the Commission of 30 June 1975 fixing for the 1975/76 marketing year the amounts of the reimbursement and levy in connection with the offsetting of storage costs for sugar

1 . 7 . 75                              Official Journal of the European Communities                       No L 168 / 55
                              REGULATION ( EEC) No 1671 /75 OF THE COMMISSION
                                                         of 30 June 1975
               fixing for the 1975/76 marketing year the amounts of the reimbursement and
                          levy in connection with the offsetting of storage costs for sugar
THE COMMISSION OF THE EUROPEAN                                     the beginning of that marketing year, estimated
COMMUNITIES,                                                       monthly production, the quantities likely to be
                                                                   imported in the month under consideration and the
 Having regard to the Treaty establishing the European             quantities likely to be disposed of for domestic
 Economic Community ;                                              consumption or exported during the same month ;
Having regard to Council Regulation (EEC) No                       whereas total average monthly stocks during the
3330/74 (') of 19 December 1974 on , the common                     1975/76 marketing year can be estimated at approxi­
organization of the market in sugar, and in particular             mately 51-5 million metric tons of sugar expressed as
the last subparagraph of Article 8 (2) thereof ;                   white sugar ; whereas the total reimbursement can
                                                                   thus be estimated at approximately 123-6 milion units
Whereas Article 8 ( 1 ) of Regulation (EEC) No 3330/74             of account for the 1975/76 marketing year ;
provides that storage costs for sugar and for certain
Community syrups shall be reimbursed at a flat rate                Whereas Article 9 of Regulation (EEC) No 750/68
by the Member States and that Member States shall                  specifies that the amount of the levy shall be calcu­
charge a levy on each sugar manufacturer per unit of               lated by dividing total anticipated reimbursements by
weight of sugar marketed ; whereas that paragraph also             the anticipated quantity of sugar which will be
provides that the amount of the reimbursement and of               disposed of during the sugar marketing year in ques­
the levy must be the same throughout the Commu­                    tion and produced - within the maximum quotas ;
nity ;                                                             whereas total anticipated reimbursements are to be
                                                                   increased or decreased as the case may be by the
Whereas Article 5 of Council Regulation (EEC) No                   amounts carried forward from preceding sugar
750/68 (2) of 18 June 1968 laying down general rules               marketing years ; whereas there is a surplus of 11-8
for offsetting storage costs for sugar, as last amended            million units of account for the marketing year
by Regulation (EEC) No 152/71 (3), provides that the               1968 /69 to 1973/74 ; whereas the anticipated balance
amount of the reimbursement shall be fixed per                     for the 1974/75 marketing year may be assessed as a
month and per unit of weight, taking into account                  surplus of 6-3 million units of account ; whereas
costs in respect of financing, insurance and specific              Article 3 of Regulation (EEC) No 442/70 provides that
storage ; whereas Article 3 of Commission Regulation               the levy is to be fixed per 1 00 kg of white sugar ;
(EEC) No 442/70 (4) of 9 March 1970 laying down                    whereas the quantity of Community sugar which will
detailed rules for the application of the system of                be disposed of during the 1975/76 marketing year for
offsetting storage costs for sugar, as last amended by             home consumption or for export may be estimated at
Regulation (EEC) No 1688/74 (5), lays down that the                approximately 10-3 million metric tons of sugar
reimbursement shall be fixed per 100 kilogrammes of                expressed as white sugar ; whereas the amount of the
white sugar ;                                                      levy should therefore be 1-02 units of account per 100
Whereas the financing costs may at present be calcu­               kilogrammes of white sugar ;
lated on the basis of an interest rate of 7-5 % per                             I
year ; whereas insurance costs may be assessed at from             Whereas the measures provided for in this Regulation
 1-5 to 2 per mille per year ; whereas insurance costs             are in accordance with the Opinion of the Manage­
and specific storage costs may be together evaluated at            ment Committee for Sugar,
0-46 unit of account per metric ton and per month ;
Whereas, pursuant to Article 4 of Regulation (EEC)
No 750/68 , the quantity in store to be taken into
consideration for the reimbursement of one month 's                HAS ADOPTED THIS REGULATION : •
storage costs is equal to the average quantities of sugar
held in store, at the beginning and at the end of the
month in question ; whereas, for the 1975/76
                                                                                          Article 1
marketing year, the quantities- in store each month
may be estimated on the basis of anticipated stocks at
                                                                   1 . For the 1975/76 marketing year, the amount of
(')  OJ  No L 359, 31 . 12. 1974, p. 1 .                           the reimbursement referred to in Article 8 of Regula­
(2 ) OJ  No L 137, 21 . 6. 1968 , p. 4.                            tion (EEC) No 3330/74 is hereby fixed at 0-24 unit of
(3)  OJ  No L 22, 28 . 1 . 1971 , p. 1 .
(4)  OJ  No L 55, 10 . 3 . 1970, p. 10 .                           account per 100 kilogrammes of white sugar per
 5   OJ  No L 176, 30 . 6. 1974, p. 5 .                            month .
 ---pagebreak--- No L 168 / 56                     Official Journal of the European Communities                            1 . 7 . 75
2.    For the 1975/76 marketing year, the amount of                               Article 2
the levy referred to in Article 8 of Regulation (EEC)
No  3330/74 is hereby fixed at 1-02 units of account
per 100 kilogrammes of white sugar.                         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