Commission Regulation (EC) No 2790/95 of 1 December 1995 providing for the partial release of minimum stocks in the sugar sector

COMMISSION REGULATION (EC) No 2790/95 of 1  December 1995 providing for the partial release of minimum stocks in the sugar sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Community,
Having regard to Council Regulation (EEC) No 1785/81 of 30 June 1981 on the common organization of  the markets in the sugar sector  (1), as last amended by Regulation (EEC) No 1101/95  (2), and in  particular Article 12 (3) thereof,
Whereas in order to ensure normal supplies to the Community as a whole or to one of its areas,  there is a standing obligation, in the European territories of the Community, for minimum stocks to  be maintained by each sugar producing undertaking or sugar refinery;
Whereas Article 1 of Council Regulation (EEC) No 1789/81 of 30 June 1981 laying down general rules  concerning the system of minimum stocks in the sugar sector  (3), fixed the level of minimum stocks  to be held, as the case may be, at 5  % of the actual production within the A quota or 5  % of the  quantity of sugar refined during the 12 months preceding the month in question; whereas, pursuant  to these provisions, this percentage has been brought down in turn to 3  % and to 0  % until 30  November 1995 in order to ensure normal supplies to the Community pending the arrival of the new  production of the 1995/96 marketing year;
Whereas to permit such normal supplies to be better ensured at the appropriate time throughout the  marketing year in all the regions of the Community, particularly those situated in the south where  production is more forward, the minimum stocks should be brought down to the level of 3  %;
Whereas the said percentage should be applied in the place of the abovementioned 5  % from 1  December 1995 onwards on account in particular of the monthly system for establishing stocks held  by undertakings;
Whereas the measured provided for in this Regulation are in accordance with the opinion of the  Management Committee for Sugar,