CELEX: 31972R0075
Language: en
Date: 1972-01-12 00:00:00
Title: Regulation (EEC) No 75/72 of the Commission of 12 January 1972 amending Regulation (EEC) No 2637/70 as regards the period of validity of export licences for sugar

18                                  Official Journal of the European Communities
 No L 10/ 14                         Official Journal of the European Communities                                13.1.72
                                 REGULATION (EEC) No 75/72 OF THE COMMISSION
                                                   of 12 January 1972
                  amending Regulation (EEC) No 2637/70 as regards the period of validity of export
                                                    licences for sugar
 THE    COMMISSION        OF     THE EUROPEAN      COM­          by Regulation (EEC) No 2849/71 ,4 and at the same
 MUNITIES ,                                                      time for increasing the amount of the security to take
                                                                 account of sudden severe fluctuations in world
                                                                 market quotations ;
Having regard to the Treaty establishing the
 European Economic Community ;                                   Whereas the measures provided for in this Regulation
                                                                 are in accordance with the Opinion of the
                                                                 Management Committee for Sugar ;
Having      regard     to    Council   Regulation      No
 1009/67/EEC 1 of 18 December 1967 on the common
 organization of the market in sugar, as last amended            HAS ADOPTED THIS REGULATION :
by Regulation (EEC) No 2727/71 ,2 and in particular
Article 11 (2) thereof;                                                                  Article 1
                                                                 The following Article 33a shall be inserted in
Whereas, for the first time since the establishment of           Regulation (EEC) No 2637/70 :
 the common organization of the market in sugar,
 quotations on the world market have moved                           'Article 33 a
 considerably closer to prices ruling within the
 Community; whereas this situation will probably                     1 . By way of derogation from Article 32, and
 continue and is even likely to become more marked                  with effect from 13 January 1972, export licences
 since production in the main producer countries is                 for sugar falling within heading No 17.01 , other
 low;                                                               than the sugar referred to in Article 31 , shall be
                                                                    valid for fourteen days from the actual date of
                                                                    issue. Such export licences shall be issued,
Whereas, in the Community, there are no longer any                  without prejudice to the application of Article 21
significant surpluses of sugar produced within the                  of Regulation No 1009/67/EEC, on the third
quotas available for export;                                        working day following the day on which the '
                                                                     application was lodged.
Whereas in such a situation it is essential that a close            2. By way of derogation from Article 33 , and
watch be kept on trade so that appropriate action can               with effect from 13 January 1972, the security for
 be taken ; whereas, to this end, provision should be               the export licences referred to in paragraph 1
made for temporarily reducing the period of validity                 shall be 3-00 units of account per 100 kg.'
of export licences which was fixed by Commission
Regulation (EEC) No 2637/703 of 23 December 1970
on special detailed rules for applying the system of                                     Article 2
import and export licences and advance fixing
certificates for agricultural products, as last amended          This Regulation shall enter into force on 13 January
                                                                 1972 .
1 OJ No 308, 18.12.1967, p. 1 .
2 OJ No L 282, 23.12.1971 , p . 8 .
3 OJ No L 283 , 29.12.1970, p. 15.                               4 OJ No L 286, 30.12.1971 , p. 24.
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This Regulation shall be binding in its entirety and directly applicable in all Member
States .
Done at Brussels, 12 January 1972.
                                                                For the Commission
                                                                    The President
                                                                Franco M. MALFATTI