CELEX: 31978R1504
Language: en
Date: 1978-07-01 00:00:00
Title: Commission Regulation (EEC) No 1504/78 of 30 June 1978 fixing the import levy on molasses

No L 178 /42                             Official Journal of the European Communities                               1 . 7 . 78
                                  COMMISSION REGULATION (EEC) No 1504/78
                                                         of 30 June 1978
                                              fixing the import levy on molasses
THE COMMISSION OF THE EUROPEAN                                      mation on offers on the world market, on quotations
COMMUNITIES,                                                        on the exchanges which are important for world trade,
                                                                    on prices recorded on important third-country
Having regard to the Treaty establishing the European               markets and on sales concluded in international trade
Economic Community,                                                 of which it has knowledge, either directly or through
Having regard to Council Regulation (EEC) No                        the agency of the Member States ; whereas, under the
3330/74 of 19 December 1974 on the common organi­                   terms of Article 7 of Regulation (EEC) No 785/68, the
zation of the market in sugar (^ as last amended by                 Commission may for this purpose take an average of
Regulation (EEC) No 1396/78 (2) and in particular                   several prices as a basis, provided this average can be
Article 15 (7) thereof,'                                            regarded as being representative of actual market
                                                                    trends ;
Having regard to the opinion of the Monetary
Committee,                                                          Whereas the Commission must disregard information
Whereas Article 15 (1 ) of Regulation (EEC) No                      if the goods concerned are not of sound and fair
3330/74 provides for charging a levy on imports of                  marketable quality or if the price quoted in an offer
the products listed in Article 1 ( 1 ) of that Regulation ;         relates to a small quantity and is not representative of
                                                                    the market ; whereas offer prices which can be
Whereas the import levy on molasses must be equal                   regarded as not representative of actual market trends
to the threshold price less the cif price ; whereas the             must also be disregarded ;
threshold price for molasses was fixed by Council
Regulation (EEC) No 1399/78 of 20 June 1978 fixing,                 Whereas, of the offer prices taken into consideration,
for the 1978/79 sugar year, the derived intervention                those which are not for delivery cif Rotterdam must
prices, the intervention price for raw beet sugar, the              be adjusted, account being taken in particular of the
minimum prices for beet, the threshold prices, the                  differences in the cost of transporting the goods
maximum amount of the production levy and the                       between the port of loading and the port of destina­
amount of the repayment to offset storage costs, and                tion and between the port of loading and Rotterdam ;
fixing the coefficient for calculating the special
maximum quota (3) ;
                                                                    Whereas, if information on molasses of the standard
Whereas the cif price for molasses is calculated by the             quality is to be comparable, prices must, depending
Commission for a Community frontier crossing point                  on the quality of the molasses offered, be increased or
which was fixed at Rotterdam by Council Regulation                  reduced in the light of the results obtained by
(EEC) No 431 /68 of 9 April 1968 determining the                    applying Article 6 of Regulation (EEC) No 785/68 ;
standard quality for raw sugar and fixing the Commu­
nity frontier crossing point for calculating cif prices             Whereas the cif price may, by way of exception, be
for sugar (4) ;                                                     left unchanged for a limited period if the offer price
Whereas this price must be based on the most favour­                which served as a basis for the previous calculation of
able purchasing opportunities on the world market                   the cif price is not available to the Commission and if
established for each product on the basis of quotations             the offer prices which are available and which appear
or prices on that market adjusted for any deviation                 not to be sufficiently representative of actual market
from the standard quality for which the threshold                   trends would entail sudden and considerable changes
price is fixed ; whereas the standard quality for                   in the cif price ;
molasses was defined by Commission Regulation
(EEC) No 785/68 of 26 June 1968 determining the                     Whereas the levy must be fixed each week ; whereas
standard quality and laying down detailed rules for                 pursuant to Article 5 of Commission Regulation
calculating the cif price for molasses (5) ;                        (EEC) No 837/68 of 28 June 1968 on detailed rules
                                                                    for the application of levies on sugar (6), as last
Whereas, when the most favourable purchasing oppor­                 amended by Regulation (EEC) No 1428 /78 (7), the
tunities on the world market are being established, the             levy is altered only if the variation in the elements
Commission must take account of all available infor­
                                                                    used to calculate it would entail an increase or a reduc­
                                                                    tion of not less than 0-05 unit of account per 100 kilo­
(») OJ No  L   359, 31 . 12. 1974, p. 1 .                           grams in relation to the levy previously fixed ;
(2) OJ No  L    170, 27. 6. 1978, p. 1 .
(}) OJ No  L    170, 27. 6. 1978, p. 6.
(4) OJ No  L   89, 10. 4. 1968, p. 3.                               (6) OJ No L 151 , 30. 6. 1968, p. 42.
(*) OJ No  L    145, 27. 6. 1968, p. 12.                            O OJ No L 171 , 28. 6. 1978, p. 34.
 ---pagebreak--- 1 . 7. 78                            Official Journal of the European Communities                                   No L 178 /43
Whereas, in accordance with Article 21 ( 1 ) of Regula­                Whereas the opinion of the Monetary Committee was
tion (EEC) No 3330/74, the nomenclature provided                       requested ;
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
Whereas, if the levy system is to operate normally,                    the Annex to this Regulation,
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,                                              Article 1
     within a band of 2.25 % , a rate of exchange based
     on their effective parity ;                                       The levy referred to in Article 15 ( 1 ) of Regulation
— for other currencies an exchange rate based on the                   (EEC) No 3330/74 is, in respect of molasses, hereby
     arithmetic mean of the spot market rates of each                  fixed as shown in the Annex to this Regulation.
     of these currencies recorded for a given period, in                                       Article 2
     relation to the Community currencies referred to
     in the previous subparagraph ;                                    This Regulation shall enter into force on 1 July 1978 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States.
               Done at Brussels, 30 June 1978.
                                                                                 For the Commission
                                                                                  Finn GUNDELACH
                                                                                     Vice-President
                                                            ANNEX
                  to the Commission Regulation of 30 June 1978 fixing the import levy on molasses
                                                                                                         (u.a./100 kg)
                     CCT
                   heading                              Description of goods                              Levy
                      No
               17.03             Molasses, whether or not decolourized                                     0