REGULATION (EEC) No 1491/70 OF THE COMMISSION of 27 July 1970 amending Regulation (EEC) No 837/68 on detailed rules for the application of levies on sugar

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Economic Community;

Having regard to Council Regulation No 1009/67/EEC (1) of 18 December 1967 on the common organisation of the market in sugar, as last amended by Regulation (EEC) No 1253/70, (2) and in particular Article 14 (6) thereof;

Whereas Article 5 (2) of Commission Regulation (EEC) No 837/68 (3) of 28 June 1968 on detailed rules for the application of levies on sugar, as amended by Regulation (EEC) No 878/69, (4) specified the margin within which variations in the components used to calculate the levy on molasses would not entail an alteration in that levy;

Whereas the experience in applying these provisions has demonstrated that they do not give sufficient latitude for altering the levy on molasses ; whereas that margin should, therefore, be reduced;

HAS ADOPTED THIS REGULATION:

Article 1

The words "0.05 u.a." shall be substituted for "0.10 u.a." in Article 5 (2) of Regulation No 837/68.

Article 2

This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities.

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

Done at Brussels, 27 July 1970.

For the Commission

The President

Franco M. MALFATTI (1)OJ No 308, 18.12.1967, p. 1. (2)OJ No L 143, 1.7.1970, p. 1. (3)OJ No L 151, 30.6.1968, p. 42. (4)OJ No L 102, 30.4.1969, p. 1.