CELEX: 31974R2932
Language: en
Date: 1974-11-18 00:00:00
Title: Regulation (EEC) No 2932/74 of the Council of 18 November 1974 on the grant and financing of a subsidy on sugar produced in excess of the maximum quota and on the financing of the subsidy on sugar imports

No L 311 / 10                         Official Journal of the European Communities                          22 . 11 . 74
                                 REGULATION ( EEC) No 2932/74 OF THE COUNCIL
                                                    of 18 November 1974
                on the grant and financing of a subsidy on sugar produced in excess of the
                     maximum quota and on the financing of the subsidy on sugar imports
THE COUNCIL OF THE EUROPEAN                                       HAS ADOPTED THIS REGULATION :
COMMUNITIES,
                                                                                         Article 1
 Having regard to the Treaty establishing the European
 Economic Community, and in particular Article 43                 1 . A decision may be taken to grant a subsidy in
thereof ;                                                         respect of sugar produced in excess of the maximum
                                                                 quota in the Community during the 1973/74 and
 Having regard to the proposal from the Commission ;              1974/75 sugar years and which under Article 25 of
 Having regard to the Opinion of the European Parlia­             Regulation No 1009 /67/ EEC, should be exported to
                                                                 third countries .
ment ;
                                                                 2. The introduction of the subsidy and detailed
Whereas, under Article 16 of Council Regulation No
                                                                 rules for the application of this Article shall be
 1009/67/ EEC (') of 18 December 1967 on the
                                                                 adopted in accordance with the procedure laid down
common organization of the market in sugar, as last
                                                                 in Article 40 of Regulation No 1009 /67/ EEC .
amended by Regulation ( EEC) No 2476/74 (-), a
subsidy on imports of white and raw sugar was                                            Article 2
decided on by Council Regulation ( EEC) No
2931 /74 (3);                                                    As regards the financing of the common agricultural
                                                                 policy, the subsidy :
Whereas, in order to limit as far as possible the finan­
cial consequences of such imports and to uphold                  — granted on imports of sugar pursuant to Article 16
Community preference, the field of action of inte­                    of Regulation No 1009/67/ EEC, or
rested parties should be enlarged to include Commu­              — granted in respect of sugar produced in excess of
nity sugar produced in excess of the maximum quota                    the maximum quota pursuant to Article I ,
which , under Article 25 of Regulation No 1009/                  shall be regarded as intervention measures intended to
67/ EEC, should be exported to third countries ;                 regularize agricultural markets .
Whereas the financing of subsidies on sugar imports                                      Article 3
under Regulation ( EEC) No 2931 /74, and under this
Regulation is a task for the Community as a whole                This Regulation shall enter into force on the third day
within the framework of the regularization of agricul­           following its publication on the O/ficiiil Joimnil of
tural markets,                                                    the Euro bean Communities.
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels , IX December 1974 .
                                                                             For the Council
                                                                               The President
                                                                               Ch . BONNET
(') Ol No 30X , IS . 12 . 1967, p. I.
(') O) No L 264, 1 . 10 . 1 974, p. 70 .
( 3 ) Sec page H of this Official Journal .