31974R2931

No L 311 /8 Official Journal of the European Communities 22 . 11 . 74

REGULATION (EEC) No 2931 /74 OF THE COUNCIL of 18 November 1974 on the introduction of a subsidy on imports of white and raw sugar

THE COUNCIL OF THE EUROPEAN Whereas, having regard to the forward market in COMMUNITIES, sugar, the costs of the import subsidies will be reduced if the importers concerned are authorized to Having regard to the Treaty establishing the European export an equivalent quantity of sugar produced Economic Community ; during the 1975/76 sugar year ; Having regard to Council Regulation No 1009/ 67/ EECC ) of 18 December 1967 on the common Whereas, in view of the complexity of the proposed measure and in order to ensure for all interested organization of the market in sugar, as last amended parties equal conditions of competition , the amount by Regulation ( EEC) No 2476/74 (2), and in particular Article 1 6 (3) thereof ; of the subsidy should be determined by means of an invitation to tender, Having regard to Council Regulation (EEC) No 608/72 (3) of 23 March 1972 laying down rules to be applied in cases of considerable price rises on the world sugar market, and in particular Article 2 HAS ADOPTED THIS REGULATION : thereof ;

Having regard to the proposal from the Commission ; Article 1

Having regard to the Opinion of the European Parlia­ ment ; A subsidy shall be granted on white sugar and raw sugar imported into the Community. Whereas Article 16 (2) of Regulation No 1009 / 67/ EEC makes provision for a subsidy to be granted on imports of white and raw sugar if the cif price for Article 2 these kinds of sugar is higher than the threshold price ; whereas, under Article 2 of Regulation (EEC) 1 . The import subsidy shall relate only to the quan­ No 608 /72, the Council must decide on the granting tity of sugar necessary to guarantee supplies of sugar of a subsidy of this kind where it is found that to the Community until the beginning of the supplies to the Community or to a high-consumption processing of the 1 975 beet harvest on the basis of the region of the Community can no longer be main­ Community price . tained ; 2. During the first stage, the quantity referred to in Whereas the condition relating to the cif price has paragraph 1 shall be limited to 200 000 metric tons. been fulfilled since December 1973 ; whereas , given the latest forecasts in relation to production , imports 3 . Acting on a proposal from the Commission in and consumption , sugar supplies to the Community accordance with the voting procedure laid down in as a whole can no longer be maintained ; whereas, in Article 43 (2) of the Treaty, the Council shall decide view of such a serious situation , an import subsidy upon later stages in the light of experience and of the must be decided on ; effectiveness of this measure . Whereas sugar prices applied on the Community market, particularly in the deficit regions, are appreci­ ably higher than the prices fixed for the Community ; Article 3 whereas in view of the general objective of main­ taining sugar supplies at the Community price it is 1 . Tenders shall be invited for the purpose of deter­ necessary to favour the import of quantities of sugar mining the amount of the subsidy per unit of weight sufficient to ensure that this objective be obtained ; of sugar.

Whereas the amount in respect of which the subsidy 2 . The tendering conditions must guarantee is granted should for the first stage be limited to equality of access for all persons established in the 200 000 metric tons ; whereas decisions on later stages Com munity . will be taken in the light of the effectiveness ot the measure in practice ; 3 . The successful tenderer shall be required to abide by a maximum price level , fixed by reference to (') OJ No 308 , 18 . 12 . 1967 , p. 1 . Q OJ No L 264, 1 . 10 . 1974, p. 70 . the threshold price , for sales of the sugar in the (n OJ No L 75 , 28 . 3 . 1972, p. 5 . Community with a view to consumption .

22 . 11 . 74 Official Journal of the European Communities No L 311 /9

4. The tenderer shall be authorized to export Article 4 during a specified period a quantity of sugar corres­ ponding to that which has been the subject of his This Regulation shall enter into force on the third day tender without Article 16 ( 1 ) of Regulation No 1009/ following its publication in the Official Journal of 67/ EEC being applied . the European Communities.

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

Done at Brussels , 18 November 1974 . Fur the Council

The President Ch . BONNET