31978R1504

No L 178 /42 1 . 7 . 78 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 1504/78

of 30 June 1978

fixing the import levy on molasses

THE COMMISSION OF THE EUROPEAN mation on offers on the world market, on quotations COMMUNITIES, on the exchanges which are important for world trade, on prices recorded on important third-country Having regard to the Treaty establishing the European markets and on sales concluded in international trade Economic Community, of which it has knowledge, either directly or through the agency of the Member States ; whereas, under the Having regard to Council Regulation (EEC) No terms of Article 7 of Regulation (EEC) No 785/68, the 3330/74 of 19 December 1974 on the common organi­ Commission may for this purpose take an average of zation of the market in sugar (^ as last amended by several prices as a basis, provided this average can be Regulation (EEC) No 1396/78 (2) and in particular regarded as being representative of actual market Article 15 (7) thereof,' trends ; Having regard to the opinion of the Monetary Committee, Whereas the Commission must disregard information if the goods concerned are not of sound and fair Whereas Article 15 (1 ) of Regulation (EEC) No marketable quality or if the price quoted in an offer 3330/74 provides for charging a levy on imports of relates to a small quantity and is not representative of the products listed in Article 1 ( 1 ) of that Regulation ; the market ; whereas offer prices which can be Whereas the import levy on molasses must be equal regarded as not representative of actual market trends to the threshold price less the cif price ; whereas the must also be disregarded ; threshold price for molasses was fixed by Council Regulation (EEC) No 1399/78 of 20 June 1978 fixing, Whereas, of the offer prices taken into consideration , for the 1978/79 sugar year, the derived intervention those which are not for delivery cif Rotterdam must prices, the intervention price for raw beet sugar, the be adjusted, account being taken in particular of the minimum prices for beet, the threshold prices, the differences in the cost of transporting the goods maximum amount of the production levy and the between the port of loading and the port of destina­ amount of the repayment to offset storage costs, and tion and between the port of loading and Rotterdam ; fixing the coefficient for calculating the special maximum quota (3) ; Whereas, if information on molasses of the standard Whereas the cif price for molasses is calculated by the quality is to be comparable, prices must, depending Commission for a Community frontier crossing point on the quality of the molasses offered, be increased or which was fixed at Rotterdam by Council Regulation reduced in the light of the results obtained by (EEC) No 431 /68 of 9 April 1968 determining the applying Article 6 of Regulation (EEC) No 785/68 ; standard quality for raw sugar and fixing the Commu­ nity frontier crossing point for calculating cif prices Whereas the cif price may, by way of exception, be for sugar (4) ; left unchanged for a limited period if the offer price which served as a basis for the previous calculation of Whereas this price must be based on the most favour­ the cif price is not available to the Commission and if able purchasing opportunities on the world market the offer prices which are available and which appear established for each product on the basis of quotations not to be sufficiently representative of actual market or prices on that market adjusted for any deviation trends would entail sudden and considerable changes from the standard quality for which the threshold in the cif price ; price is fixed ; whereas the standard quality for molasses was defined by Commission Regulation (EEC) No 785/68 of 26 June 1968 determining the Whereas the levy must be fixed each week ; whereas standard quality and laying down detailed rules for pursuant to Article 5 of Commission Regulation calculating the cif price for molasses (5) ; (EEC) No 837/68 of 28 June 1968 on detailed rules for the application of levies on sugar (6), as last Whereas, when the most favourable purchasing oppor­ amended by Regulation (EEC) No 1428 /78 (7), the tunities on the world market are being established, the levy is altered only if the variation in the elements Commission must take account of all available infor­ used to calculate it would entail an increase or a reduc­ tion of not less than 0-05 unit of account per 100 kilo­ (») OJ No L 359, 31 . 12. 1974, p. 1 . grams in relation to the levy previously fixed ; (2) OJ No L 170, 27. 6. 1978 , p. 1 . (}) OJ No L 170, 27. 6. 1978 , p. 6. (4) OJ No L 89, 10. 4. 1968, p. 3. (6) OJ No L 151 , 30. 6. 1968, p. 42. (*) OJ No L 145, 27. 6. 1968 , p. 12. O OJ No L 171 , 28 . 6. 1978, p . 34.

1 . 7. 78 Official Journal of the European Communities No L 178 /43

Whereas, in accordance with Article 21 ( 1 ) of Regula­ Whereas the opinion of the Monetary Committee was tion (EEC) No 3330/74, the nomenclature provided requested ; for in this Regulation is incorporated in the Common Whereas it follows from applying all these provisions Customs Tariff ; that the levy for molasses should be fixed as shown in Whereas, if the levy system is to operate normally, the Annex to this Regulation, levies should be calculated on the following basis :

HAS ADOPTED THIS REGULATION : — in the case of currencies which are maintained in relation to each other, at any given moment, Article 1 within a band of 2.25 % , a rate of exchange based on their effective parity ; The levy referred to in Article 15 ( 1 ) of Regulation (EEC) No 3330/74 is, in respect of molasses, hereby — for other currencies an exchange rate based on the fixed as shown in the Annex to this Regulation. arithmetic mean of the spot market rates of each of these currencies recorded for a given period, in Article 2 relation to the Community currencies referred to in the previous subparagraph ; This Regulation shall enter into force on 1 July 1978 .

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

Done at Brussels, 30 June 1978.

For the Commission

Finn GUNDELACH

Vice-President

ANNEX

to the Commission Regulation of 30 June 1978 fixing the import levy on molasses

(u.a./100 kg)

CCT heading Description of goods Levy No

17.03 Molasses, whether or not decolourized 0