31973R1675

No L 169 / 16 Official Journal of the European Communities 26 . 6 . 73

REGULATION (EEC) No 1675/73 OF THE COMMISSION of 25 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 ( 1 ) 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 Artide 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 ; and of the levy on white sugar ; whereas, however, the levies on maple sugar and maple syrup are limi­ Whereas the Opinion of the Monetary Committee ted to the amount resulting from application of the was requested ; rate of duty bound within GATT ; Whereas the basic amount thus fixed must be ad­ Whereas Article 7 of Commission Regulation (EEC) justed on the basis of variations in the threshold price No 837/68 (') of 28 June 1968 on detailed rules for for white sugar occurring between the month in the application of levies on sugar, as amended by which the basic amount is fixed and the period of Regulation (EEC) No 878/69 (4), provides that the application ; whereas this adjustment, equal to one basic amount of the levy for 100 kilogrammes of hundredth of the difference between these two product must be fixed per percentage of sucrose con­ threshold prices, must be deducted from or added to tent ; the basic amount in the circumstances provided for in Artic.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 for which the basic amount of the levy is fixed ; Article 1 whereas, however, the levy applicable to white sugar on the day preceding the fixing of the basic amount The basic amount of the import levy on the pro must be substituted for the average of the levies, ducts listed in Article 1 ( 1 ) (d) of Regulation No where that levy differs by at least 0-40 unit of ac­ 1009/67/EEC is hereby fixed, per 100 kilogrammes count from that average , of product, at 0-0695 unit of account per percentage point of sucrose content.

Article 2 (*) OJ No 308, 18. 12. 1967, p. 1 . («) OJ No L 25 , 30. 1 . 1973 , p. 1 . (•) OJ No I. 151 , 30. 6. 1968, p . 42 . This Reguflarion shall enter into force on 26 June I4) OJ No I. 114. 13. 5 . 1969, p . 9. 1973 .

26 . 6 . 73 Official Journal of the European Communities No L 169/ 17

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

Done at Brussels, 25 June 1973 . For the Commission P. J. LARDINOIS Member of the Commission