Detailed Instructions: In this task, you are provided with an article about the legal acts. Your task is to generate a headline for that article.
Q: 1 . IN ARTICLE 3 OF REGULATION ( EEC ) NO 700/73 THERE IS HEREBY INSERTED THE FOLLOWING PARAGRAPH 2A :' ( 2A ) IF THE FACTORY OF THE PRINCIPAL AND THAT OF THE PROCESSOR ARE SITUATED IN DIFFERENT MEMBER STATES THEN THE APPLICATION REFERRED TO IN PARAGRAPH 2 SHALL BE MADE TO THE TWO MEMBER STATES CONCERNED . IN THAT CASE THE MEMBER STATES CONCERNED SHALL ACT IN CONCERT ON THE REPLY TO BE GIVEN , AND SHALL TAKE THE NECESSARY STEPS TO VERIFY THAT THE CONDITIONS LAID DOWN IN PARAGRAPH 2 ARE OBSERVED . '2 . ARTICLE 5 ( 4 ) OF REGULATION ( EEC ) NO 700/73 IS HEREBY DELETED .3 . ARTICLE 7 OF REGULATION ( EEC ) NO 700/73 IS HEREBY REPLACED BY THE FOLLOWING :' ARTICLE 71 . THE AMOUNT OF THE PRODUCTION LEVY VALID FOR A GIVEN MARKETING YEAR SHALL BE FIXED BEFORE 1 DECEMBER OF THE FOLLOWING MARKETING YEAR .2 . OVERALL LOSSES INCURRED IN DISPOSING OF THE QUANTITY PRODUCED IN THE COMMUNITY IN EXCESS OF THE GUARANTEED QUANTITY SHALL BE CALCULATED ON THE BASIS OF :( A ) TOTAL SUGAR PRODUCTION IN THE COMMUNITY DURING THE MARKETING YEAR CONCERNED , EXPRESSED AS WHITE SUGAR , LESS :- THE GUARANTEED QUANTITY VALID FOR THAT MARKETING YEAR ,- QUANTITIES PRODUCED IN EXCESS OF THE MAXIMUM QUOTAS ,- QUANTITIES WITHIN THE MAXIMUM QUOTA CARRIED FORWARD PURSUANT TO ARTICLE 31 OF REGULATION ( EEC ) NO 3330/74 ;( B ) A FIXED AMOUNT PER UNIT OF WEIGHT TO COMPENSATE LOSSES INCURRED IN DISPOSING OF THAT SUGAR . THIS AMOUNT SHALL CORRESPOND TO THE WEIGHTED AVERAGE OF LOSSES INCURRED IN DISPOSING OF SUGAR DURINT THE PERIOD 1 OCTOBER OF THE RELEVANT MARKETING YEAR TO 30 SEPTEMBER OF THE FOLLOWING YEAR , LESS THE EXPORT LEVY CHARGED DURING THE SAME PERIOD . ' THIS REGULATION SHALL ENTER INTO FORCE ON 1 JULY 1976 .THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .
A:
Commission Regulation amending Regulation (EEC) No 700/73 laying down certain detailed rules for the application of the quota system for sugar