Regulation (EEC) No 1491/70 of the Commission of 27 July 1970 amending Regulation (EEC) No 837/68 on detailed rules for the application of levies on sugar

REGULATION (EEC) No 1491/70 OF THE COMMISSION  of 27 July 1970  amending Regulation (EEC) No 837/68 on detailed rules for the application of levies on sugar
THE COMMISSION 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, as last amended by Regulation (EEC) No 1253/70, (2) and in particular Article 14 (6) thereof;
Whereas Article 5 (2) of Commission Regulation (EEC) No 837/68 (3) of 28 June 1968 on detailed rules for the application of levies on sugar, as amended by Regulation (EEC) No 878/69, (4) specified the margin within which variations in the components used to calculate the levy on molasses would not entail an alteration in that levy;
Whereas the experience in applying these provisions has demonstrated that they do not give sufficient latitude for altering the levy on molasses ; whereas that margin should, therefore, be reduced;