Council Regulation (EEC) No 1359/77 of 20 June 1977 amending Regulation (EEC) No 447/68 laying down general rules for intervention buying of sugar

COUNCIL REGULATION (EEC) No 1359/77  of 20 June 1977  amending Regulation (EEC) No 447/68 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 (EEC) No 3330/74 of 19 December 1974 on the common organization of the market in sugar (1), as last amended by Regulation (EEC) No 1110/77 (2), and in particular Article 9 (5) thereof,
Having regard to the proposal from the Commission,
Whereas the intervention prices for white and raw sugar have been fixed, with effect from 1 July 1977, without taking account of the levy provided for in Article 8 of Regulation (EEC) No 3330/74 ; whereas the producer's effective market price at the ex-factory stage is one which necessarily takes into account the said levy which is payable at that stage ; whereas, therefore, the same rule should apply when sugar is put on sale by the intervention agency, which is also required to pay the said levy when such sugar is marketed;
whereas Council Regulation (EEC) No 447/68 of 9 April 1968 laying down general rules for intervention buying of sugar (3), as last amended by Regulation (EEC) No 2274/70 (4), should be amended accordingly,