31974R1609

No L 170 /40 Official Journal of the European Communities 27 . 6 . 74

REGULATION ( EEC) No 1609/74 OF THE COMMISSION of 26 June 1974 amending Commission Regulation (EEC) No 834/74 laying down requisite provi­ sions to prevent the sugar market being disturbed as a result of the price increase in this sector for the 1974/75 sugar marketing year

THE COMMISSION OF THE EUROPEAN applicable until 30 June 1974 in this sector and the COMMUNITIES , same price expressed in Italian lira based on the repre­ sentative exchange rate applicable in this sector after Having regard to the Treaty establishing the European that date ; whereas the fixing of a new representative Economic Community ; exchange rate for the Italian lira makes it necessary to alter the amounts which have to be reduced from the Having regard to Council Regulation (EEC) No amounts referred to above ; 974/71 (') of 12 May 1971 on certain measures of conjunctural policy to be taken in agriculture Whereas the measures provided for in this Regulation following the temporary widening of the margins of are in accordance with the Opinion of the Manage­ fluctuation for the currencies of certain Member ment Committee for Sugar, States, as last amended by Regulation (EEC) No 3450/73 (2), and in particular Article 6 ; HAS ADOPTED THIS REGULATION : Whereas the Council has decided to fix in the sugar sector a new representative exchange rate for the Italian lira : 100 Italian lira = 0-124844 unit of * Article 1 account, entering into force on 1 July 1974 ; In Article 5 of Regulation ( EEC) No 834/74 the Whereas Article 5 of Commission Regulation (EEC) amount of '1 903 Italian lira' is replaced by the No 834/74 (3) of 5 April 1 974 laying down requisite amount of '4 001 Italian lira' and the amount of '1 619 provisions to prevent the sugar market being Italian lira' is replaced by the amount of '3 403 Italian disturbed as a result of the price increase in this sector lira .' for the 1974/75 sugar marketing year, amended by Regulation ( EEC) No 1 495/74 (4), provides that Italy Article 2 for sugar imported before 1 July 1974, but marketed for consumption from this date, should grant for the This Regulation shall enter into force on the day of its sugar in question the monetary compensatory amount publication in the Official Journal of the European applicable on the day of importation reduced by the Communities. difference between the intervention price expressed in Italian lira based on the representative exchange rate It shall take effect on 1 July 1974.

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

Done at Brussels, 26 June 1974.

For the Commission The President

Francois-Xavier ORTOLI

(•) OJ No L 106, 12. 5. 1971 , p. 1 . 0 OJ No L 353, 22. 12. 1973, p. 25 . (*) OJ No L 99 , 9 . 4. 1974, p. 15 . (•») OJ No L 158 , 15 . 6 . 1974, p. 20 .