CELEX: 31988R2368
Language: en
Date: 1988-07-30 00:00:00
Title: Commission Regulation (EEC) No 2368/88 of 29 July 1988 fixing the import levy on molasses

30. 7. 88                                Official Journal of the European Communities                             No L 205/29
                                         COMMISSION REGULATION (EEC) No 2368/88
                                                           of 29 July 1988
                                               fixing the import levy on molasses
 THE COMMISSION OF THE EUROPEAN COMMUNITIES,                         ning the standard quality and laying down detailed rules
                                                                     for calculating the cif price for molasses (*) ;
 Having regard to the Treaty establishing the European
 Economic Community,                                                 Whereas, when the most favourable purchasing opportu­
                                                                     nities on the world market are being established, the
                                                                     Commission must take account of all available informa­
 Having regard to the Act of Accession of Spain and                  tion on offers on the world market, on quotations on the
 Portugal,                                                           exchanges which are important for world trade, on prices
                                                                     recorded on important third-country markets and on sales
                                                                     concluded in international trade of which it has know­
 Having regard to Council Regulation (EEC) No 1785/81                ledge, either directly or through the agency of the
                                                                     Member States ; whereas, under the terms of Article 7 of
 of 30 June 1981 on the common organization of the
 market in sugar ('), as last amended by Regulation (EEC)            Regulation (EEC) No 785/68, the Commission may for
 No 2306/88 (2), and in particular Article 16 (8) thereof,           this purpose take an average of several prices as a basis,
                                                                     provided this average can be regarded as being representa­
                                                                     tive of actual market trends :
 Having regard to the opinion of the Monetary Committee,
                                                                     whereas the Commission must disregard information if
                                                                     the goods concerned are not of sound and fair marketable
 Whereas Article 16(1 ) of Regulation (EEC) No 1785/81               quality or if the price quoted in an offer relates to a small
 provides for charging a levy on imports of the products             quantity and is not representative of the market ; whereas
 listed in Article 1 ( 1 ) (c) of that Regulation ;                  offer prices which can be regarded as not representative of
                                                                     actual market trends must also be disregarded ;
 Whereas the import levy on molasses must be equal to
 the threshold price less the cif price ; whereas the thre­          Whereas any prices or offer taken into consideration
 shold price for molasses was fixed by Council Regulation            which are not for delivery cif Rotterdam must be adjusted,
(EEC) No 2252/88 of 19 July 1988, fixing, for the                    account being taken in particular of the differences in the
 1988/89 marketing year, the derived intervention prices             cost of transporting the goods between the port of loading
 for white sugar, the intervention price for raw sugar, the          and the port of destination and between the port of
 minimum prices for A and B beet, the threshold prices               loading and Rotterdam ;
 and the amount of compensation for storage costs (3) ;
                                                                     Whereas, if information on molasses of the standard
Whereas the cif pric6 for molasses is calculated by the              quality is to be comparable, prices must, depending on
 Commission for a Community frontier crossing point                  the quality of the molasses offered,s be increased or
which was fixed at Rotterdam by Council Regulation                   reduced in the light of the results obtained by applying
(EEC) No 431 /68 of 9 April 1968 determining the stan­               Article 6 of Regulation (EEC) No 785/68 ;
dard quality for raw sugar and fixing the Community
 frontier crossing point for calculating cif prices for
sugar (4) ; '
                                                                     Whereas the cif price may, by way of exception, be left
                                                                     unchanged for a limited period if the offer price which
                                                                     served as a basis for the previous calculation of the cif
Whereas this price must be based on the most favourable              price is not available to the Commission and if the offer
purchasing opportunities on the world market established             prices which are available and which appear not to be
for each product on the basis of quotations or prices on             sufficiently representative of actual market trends would
that market adjusted for any deviation from the standard             entail sudden and considerable changes in the cif price ;
quality for which the threshold price is fixed ; whereas the
standard quality for molasses was defined by Commission
Regulation (EEC) No 785/68 of 26 June 1968 determi­                  Whereas the levy must be fixed each week ; whereas
                                                                     pursuant to Article 5 of Commission Regulation (EEC)
(') OJ  No    L 177, 1 . 7. 1981 , p. 4.                             No 837/68 of 28 June 1968 on detailed rules for the
0   OJ  No    L 201 , 27. 7. 1988, p. 65.
(3) OJ  No    L 198, 26. 7. 1988.
(4) OJ  No    L 89, 10. 4. 1968 , p. 3.                              0 OJ No L 145, 27. 6. 1968, p. 12.
 ---pagebreak--- No L 205/30                              Official Journal of the European Communities                               30 . 7. 88
application of levies on sugar ('), as last amended by Regu­           these currencies recorded over a given period in rela­
lation (EEC) No 1428/78 (2), the levy is altered only if the           tion to the Community currencies referred to in the
variation in the elements used to calculate it would entail            previous indent and the aforesaid correcting factor ;
an increase or a reduction of not less than 0,06 ECU per
1 00 kilograms in relation to the levy previously fixed ;          Whereas it follows from applying these provisions that
                                                                   the levy for molasses should be as set out in the Annex
Whereas in accordance with Article 21 (1 ) of Regulation           hereto,
(EEC) No 1785/81 , the nomenclature provided for in this
Regulation is incorporated in the Common Customs
Tariff ;
                                                                   HAS ADOPTED THIS REGULATION :
Whereas if the levy system is to operate normally, levies
should be calculated on currencies on the following basis :
                                                                                            Article 1
— in the case of currencies which are maintained in rela­
    tion to each other at any given moment within a band           The import levy referred to in Article 16(1 ) of amended
    of 2,25 % , a rate of exchange based on their central          Regulation (EEC) No 1785/81 is now 0 ECU/ 100 kg, in
    rate, multiplied by the correcting factor provided for         respect of molasses, falling within CN codes 1703 10 00
     in the last paragraph of Article 3 (1 ) of Regulation         and 1703 90 00 .
    (EEC) No 1676/85 (3), as last amended by Regulation
    (EEC) No 1 636/87 (4),
                                                                                            Article 2
— for other currencies, an exchange rate based on the
    arithmetic mean of the spot market rates of each of            This Regulation shall enter into force on 1 August 1988 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States.
                 Done at Brussels, 29 July 1988 .
                                                                             For the Commission
                                                                              Frans ANDRIESSEN
                                                                                 Vice-President
(') OJ No L 151 , 30. 6. 1968, p. 42.
(4 OJ No L 171 , 28. 6. 1978, p. 34.
0 OJ No L 164, 24. 6. 1985, p. 1 .
b) OJ No L 153, 13. 6. 1987, p. 1 .