31973R1740

No L 176/34 Official Journal of the European Communities 30 . 6. 73

REGULATION (EEC) No 1740/73 OF THE COMMISSION of 29 June 1973 fixing the basic amount of the import levy on syrups and certain other sugar products

THE COMMISSION OF THE EUROPEAN the period between the day on which it is fixed and COMMUNITIES, the first day of the month following the month for which the basic amount is applicable, if the levy on white sugar differs by at least 0-40 unit of account Having regard to the Treaty establishing the European from the average referred to above or from the levy on Economic Community ; white sugar used to fix the basic amount ; whereas, in this case, the basic amount must be equal to one Having regard to Council Regulation No 1009/ hundredth of the levy on white sugar used to calculate 67/EEC ( 1) of 18 December 1967 on the common the alteration ; organization of the market in sugar, as last amended by Regulation (EEC) No 1014/73 (2), and in particular Whereas, if the levy system is to operate normally, Article 1 4 (7) thereof ; levies should be calculated on the following basis :

— in the case of currencies which are maintained in Whereas Article 14 ( 1 ) of Regulation No 1009/ relation to each other, at any given moment, 67/EEC provides for charging a levy on imports of the within a band of 2-25 % , a rate of exchange based products listed in Article 1 ( 1 ) of that Regulation ; on their effective parity ;

— for other currencies an exchange rate based on the Whereas the levy on the products listed in Article 1 arithmetic mean of the spot market rates of each ( 1 ) (d) of Regulation No 1009/67/EEC must be calcu­ of these currencies recorded for a given period, in lated, where appropriate, at a standard rate on the relation to the Community currencies referred to basis of the sucrose content (including other sugars in the previous subparagraph ; expressed as sucrose) of the product concerned and of the levy on white sugar ; whereas, however, the levies Whereas the Opinion of the Monetary Committee was on maple sugar and maple syrup are limited to the requested ; amount resulting from application of the rate of duty bound within GATT ; Whereas the basic amount thus fixed must be adjusted on the basis of variations in the threshold price for Whereas Article 7 of Commission Regulation (EEC) white sugar occurring between the month in which No 837/68 (3) of 28 June 1968 on detailed rules for the basic amount is fixed and the period of applica­ the application of levies on sugar, as amended by tion ; whereas this adjustment, equal to one hundredth Regulation (EEC) No 1491 /70 (^), provides that the of the difference between these two threshold prices, basic amount of the levy for 100 kilogrammes of must be deducted from or added to the basic amount product must be fixed per percentage of sucrose in the circumstances provided for in Article 7 (6) of content ; 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 ; whereas, however, the levy applicable to white sugar Article 1 on the day preceding the fixing of the basic amount must be substituted for the average of the levies, The basic amount of the import levy on the products where that levy differs by at least 0 40 unit of account listed in Article 1 ( 1 ) (d) of Regulation No 1009/ from that average ; 67/ EEC is hereby fixed, per 100 kilogrammes of product, at 00734 unit of account per percentage Whereas the basic amount must be fixed every point of sucrose content. month ; whereas it must, however, be altered during

( i ) OJ No 308 , 18 . 12. 1967, p. 1 . Article 2 (2) OJ No L 106, 20 . 4. 1973, p . 1 . (3) OJ No L 151 , 30 . 6 . 1968 , p. 42. b\ OJ No L 165, 28 . 7. 1970, p. 8 . This Regulation shall enter into force on 1 July 1973 .

30 . 6. 73 Official Journal of the European Communities No L 176/35

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

Done at Brussels, 29 June 1973. For the Commission P. J. LARDINOIS Member of the Commission