31992R3879

31 . 12. 92 Official Journal of the European Communities No L 391 / 11

COMMISSION REGULATION (EEC) No 3879/92 of 30 December 1992 fixing the reduced levy on imports into Portugal of certain quantities of raw sugar intended for Portuguese refineries

THE COMMISSION OF THE EUROPEAN COMMUNITIES, Whereas the representative market rates defined in Article 1 of Council Regulation (EEC) No 3813/92 (3) are used to Having regard to the Treaty establishing the European convert amounts expressed in third country currencies Economic Community, and are used as the basis for determining the agricultural conversion rates of the Member States' currencies ; Having regard to Council Regulation (EEC) No 1785/81 whereas detailed rules on the application and determina­ of 30 June 1981 on the common organization of the tion of these conversions were set by Commission Regu­ markets in the sugar sector ('), as last amended by Regula­ lation (EEC) No 38 1 9/92 (4) ; tion (EEC) No 3814/92 (2), and in particular Article 16 (5) thereof, Whereas application of the abovementioned provisions gives a reduced rate import levy for the raw sugar Having regard to the opinion of the Monetary Committee, concerned of the amount indicated in this Regulation, Whereas Article 16 a (1 ) of Regulation (EEC) No 1785/81 provides for a reduced rate levy to apply during the period 1 January to 30 June 1993 to Portuguese imports of HAS ADOPTED THIS REGULATION : certain quantities of raw sugar originating in specified third countries and for use by Portuguese refineries ; Article 1 Whereas Article 16 a (2) of Regulation (EEC) No 1785/81 stipulates that this reduced levy is to equal the interven­ The reduced levy on imports into Portugal of the quanti­ tion price for raw sugar as indicated in Article 3 (2) of that ties of raw sugar for refining (CN codes 1701 11 10 and Regulation applicable when the sugar is imported, less an 1701 12 10) indicated in Article 16 a of Regulation (EEC) amount equal to the average of the spot prices, adjusted No 1785/81 shall, for standard quality, be ECU 29,53 per where necessary to the cif stage, quoted on the London 100 kg. market during the first 20 days of the month preceding that for which the reduced levy amount is set ; Article 2 Whereas pursuant to Article 1 6 a (5) the reduced levy is to be set each month for the following month ; This Regulation shall enter into force on 1 January 1993.

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

Done at Brussels, 30 December 1992.

For the Commission Ray MAC SHARRY Member of the Commission

(>) OJ No L 177, 1 . 7. 1981 , p. 4. (3) OJ No L 387, 31 . 12. 1992, p. 1 2) OJ No L 387, 31 . 12. 1992. (4) OT No L 387, 31 . 12. 1992.