31973R1503

No L 151 / 26 Official Journal of the European Communities 7 . 6 . 73

REGULATION (EEC) No 1503/73 OF THE COMMISSION

of 6 June 1973

fixing the basic amount of the import levy on syrups and certain other sugar products

THE COMMISSION OF THE EUROPEAN Whereas the basic amount must be fixed every COMMUNITIES , month ; whereas it must, however, be altered during the period between the day on which it is fixed and the first day of the month following the month for which the basic amount is applicable, if the levy on Having regard to the Treaty establishing the Euro­ white sugar differs by at least 0-40 unit of account pean Economic Community ; from the average referred to above or from the levy on white sugar used to fix the basic amount ; where­ Having regard to Council Regulation No as, in this case, the basic amount must be equal to 1009 /67/EEC (*) of 18 December 1967 on the com­ one hundredth of the levy on white sugar used to mon organization of the market in sugar, as last calculate the alteration ; amended by Regulation ( EEC) No 174/73 ( 2), and in particular Article 14 (7) thereof ; Whereas, if the levy system is to operate normally, levies should be calculated on the following basis : Whereas Article 14 ( 1 ) of Regulation No 1009/67/EEC provides for charging a levy on im­ — in the case of currencies which are maintained in ports of the products listed in Article 1 ( 1 ) of that relation to each other, at many given moment, Regulation ; within a band of 2-25 %>, a rate of exchange based on their effective parity ;

Whereas the levy on the products listed in Article 1 — for other currencies an exchange rate based on ( 1 ) (d ) of Regulation No 1009/67/EEC must be cal­ the arithmetic mean of the spot market rates of culated , where appropriate, at a standard rate on each of these currencies recorded for a given the basis of the sucrose content ( including other sugars period, in relation to the Community currencies expressed as sucrose) of the product concerned referred to in the previous subparagraph ; whereas and of the levy on white sugar ; whereas, however, the Opinion of the Monetary Committee was the levies on maple sugar and maple syrup are limi­ requested ; ted to the amount resulting from application of the rate of duty bound within GATT ; Whereas the basic amount thus fixed must be ad­ justed on the basis of variations in the threshold price Whereas Article 7 of Commission Regulation ( EEC ) No 837/68 (3) of 28 June 1968 on detailed rules for for white sugar occurring between the month in which the basic amount is fixed and the period of the application of levies on sugar, as amended by Regulation (EEC) No 878/69 (4), provides that the application ; whereas this adjustment, equal to one hundredth of the difference between these two basic amount of the levy for 100 kilogrammes of threshold prices, must be deducted from or added to product must be fixed per percentage of sucrose con­ the basic amount in the circumstances provided for in tent ; Artie . e 7 ( 6 ) of Regulation (EEC ) No 837/68 ;

Whereas the basic amount of the levy must be equal to one hundredth of the average of the levies appli­ HAS ADOPTED THIS REGULATION : cable to 100 kilogrammes of white sugar during the first twenty days of the month preceding the month Article 1 for which the basic amount of the levy is fixed ; whereas, however, the levy applicable to white sugar The basic amount of the import levy on the pro on the day preceding the fixing of the basic amount ducts listed in Article 1 ( 1 ) ( d ) of Regulation No must be substituted for the average of the levies, 1009/67/EEC is hereby fixed, per 100 kilogrammes where that levy differs by at least 0-40 unit of ac­ of product, at 0-0670 unit of account per percentage count from that average , point of sucrose content.

Article 2 («) OJ No 308 , 18 . 12. 1967, p . 1 . (■) OJ No L 25 , 30 . 1 . 1973 , p . 1 . This Regulation shall enter into force on 7 June (») OJ No L 151 , 30. 6. 1968, p . 42. I *) O I No 1 . 114 , 13 . 5 . 1969 , p . 9 . 1973 .

7 . 6 . 73 Official Journal of the European Communities No L 15 1 / 27

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels , 6 June 1973 .

For the Commission

P. J. LARDINOIS

Member of the Commission