31990R3696

20. 12. 90 Official Journal of the European Communities No L 357/39

COMMISSION REGULATION (EEC) No 3696/90 of 19 December 1990 fixing the import levy on molasses

THE COMMISSION OF THE EUROPEAN COMMUNITIES, the last subparagraph of Article 3 ( 1 ) of Council Regu­ lation (EEC) No 1676/85 (4), as last amended by Regula­ Having regard to the Treaty establishing the European tion (EEC) No 2205/90 (*), Economic Community, — for the other currencies, an exchange rate based on an Having regard to the Act of Accession of Spain and average of the ecu rates published in the Official Portugal, Journal of the European Communities, C series, over a period to be determined, multiplied by the coeffi­ Having regard to Council Regulation (EEC) No 1785/81 cient referred to in the preceding indent ; of 30 June 1981 on the common organization of the market in sugar ('), as last amended by Regulation (EEC) Whereas these exchange rates being those recorded on 1 8 No 1069/89 (2), and in particular Article 16 (8) thereof, December 1990, Whereas the import levy on molasses was fixed by Commission Regulation (EEC) No 3517/90 (3) ; HAS ADOPTED THIS REGULATION : Whereas it follows from applying the rules and other provisions contained in Regulation (EEC) No 3517/90 to Article 1 the information at present available to the Commission that the levy at present in force should be altered The import levy referred to in Article 16 ( 1 ) of Regulation pursuant to Article 1 of this Regulation ; (EEC) No 1785/81 shall be, in respect of molasses falling within CN codes 1703 10 00 and 1703 90 00, ECU 1,03 Whereas, if the levy system is to operate normally, levies per 100 kilograms. should be calculated on the following basis : — in the case of currencies which are maintained in rela­ Article 2 tion to each other at any given moment within a band of 2,25 % , a rate of exchange based on their central This Regulation shall enter into force on 20 December rate, multiplied by the corrective factor provided for in 1990 .

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

Done at Brussels, 19 December 1990. For the Commission Ray MAC SHARRY Member of the Commission

(>) OJ No L 177, 1 . 7. 1981 , p. 4. (2) OJ No L 114, 27. 4. 1989, p. 1 . (4) OJ No L 164, 24. 6. 1985, p. 1 . (3 OJ No L 340, 6. 12. 1990, p. 15. Is) OJ No L 201 , 31 . 7. 1990, p. 9.