Regulation (EEC) No 447/68 of the Council of 9 April 1968 laying down general rules for intervention buying of sugar

REGULATION (EEC) No 447/68 OF THE COUNCIL  of 9 April 1968  laying down general rules for intervention buying of sugar
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community;
Having regard to Council Regulation No 1009/67/EEC 1 of 18 December 1967 on the common organisation of the market in sugar, and in particular Articles 9 (7) and 10 (2) thereof;
Having regard to the proposal from the Commission;
Whereas Article 9 (1) of Regulation No 1009/67/EEC provides for the buying in of certain sugars by intervention agencies;
Whereas, in the interests of administrative efficiency, provision should be made for offers to intervention agencies to be made in writing;
Whereas the implementation of Community intervention measures requires sugar to be taken over by the intervention agencies at a specified place ; whereas to this end it should be stipulated that only sugar held in an approved warehouse when the offer is made should be taken over ; whereas warehouses will be approved under rules to be adopted in accordance with the procedure laid down in Article 40 of Regulation No 1009/67/EEC;
Whereas the intervention system is confined to sugar manufactured from beet or cane harvested within the Community ; whereas, moreover, the price and sales guarantee provided by Title III of Regulation No 1009/67/EEC is restricted to manufacturers who have been allocated a basic quota ; if this principle is to be observed, intervention should also be restricted to those manufacturers;
Whereas the sale of sugar held by intervention agencies must be effected without discrimination between Community buyers and under the most economic conditions possible ; whereas, in general, the tendering system allows these objectives to be attained ; whereas to prevent sugar being disposed of when market conditions are unfavourable invitations to tender should be subject to prior authorisation granted in accordance with the procedure laid down in Article 40 of Regulation No 1009/67/EEC ; whereas, for the same reasons, any tender which does not seem to correspond to the most favourable selling opportunities on the market should be rejected;
Whereas, however, it might be advisable in certain special circumstances to make use of procedures other than the tendering system ; whereas the possibility of introducing such procedures in accordance with the provisions of Article 40 of Regulation No 1009/67/EEC should therefor be considered;