31977R0190

No L 25/30 Official Journal of the European Communities 29 . 1 . 77

COMMISSION REGULATION ( EEC) No 190/77 of 28 January 1977 fixing for the 1976/77 sugar marketing year the flat-rate amount provided for in the system of minimum stocks

THE COMMISSION OF THE EUROPEAN system of minimum stocks in the sugar sector (4), COMMUNITIES, provides for a flat-rate amount to be fixed for each sugar marketing year ; Having regard to the Treaty establishing the European Economic Community, Whereas, in calculating the net profit, it is necessary to take into account the increase in the levy under the Having regard to Council Regulation (EEC) No system for reimbursing the storage costs resulting 3330/74 of 19 December 1974 on the common organi­ from the introduction of the system of minimum zation of the market in sugar (•), as last amended by stocks ; Regulation (EEC) No 31 38/76 (2), Whereas the measures provided for in this Regulation Having regard to Council Regulation (EEC) No are in accordance with the opinion of the Manage­ 1488/76 of 22 June 1976 laying down provisions for ment Committee for Sugar, the introduction of a system of minimum stocks in the sugar sector (3), and in particular Article 7 thereof, HAS ADOPTED THIS REGULATION : Whereas the system of minimum stocks applied in principle with effect from 1 February 1977 ; Article 1 Whereas Articles 3 (b) and 6 (a) of Regulation (EEC) For the 1976/77 sugar marketing year the flat-rate No 1488 /76 provide for the reimbursement of the amount referred to in Article 6 of Regulation (EEC) profit included in the intervention price on account of No 189/77 shall be 0115 unit of account per 100 kilo­ the costs involved in maintaining the minimum grams of sugar expressed as white sugar. stock ; Article 2 Whereas, in order to determine that profit, Commis­ sion Regulation (EEC) No 189/77 of 28 January 1977 This Regulation shall enter into force on 1 February 1977 . laying down detailed rules for the application of the

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

Done at Brussels, 28 January 1977 . For the Commission Finn GUNDELACH Vice-President

(') OJ No L 359 , 31 . 12. 1974, p. 1 . (2) OJ No L 354, 24. 12. 1976, p. 1 . 3 OJ No L 1 67, 26. 6. 1 976, p. 1 1 . (4) See page 27 of this Official Journal .