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( 1 ) OJ NO L 359 , 31 . 12 . 1974 , P . 1 .

( 2 ) OJ NO L 170 , 27 . 6 . 1978 , P . 1 .

( 3 ) OJ NO L 167 , 26 . 6 . 1976 , P . 11 .

( 4 ) OJ NO L 25 , 29 . 1 . 1977 , P . 27 .

COMMISSION REGULATION ( EEC ) NO 1694/80

OF 30 JUNE 1980

FIXING , FOR THE 1980/81 SUGAR MARKETING YEAR , THE FLAT-RATE AMOUNT PROVIDED FOR IN THE SYSTEM OF MINIMUM STOCKS

THE COMMISSION OF THE EUROPEAN

COMMUNITIES ,

HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ,

HAVING REGARD TO COUNCIL REGULATION ( EEC ) NO 3330/74 OF 19 DECEMBER 1974 ON THE COMMON ORGANIZATION OF THE MARKET IN SUGAR ( 1 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 1396/78 ( 2 ),

HAVING REGARD TO COUNCIL REGULATION ( EEC ) NO 1488/76 OF 22 JUNE 1976 LAYING DOWN PROVISIONS FOR THE INTRODUCTION OF A SYSTEM OF MINIMUM STOCKS IN THE SUGAR SECTOR ( 3 ), AND IN PARTICULAR ARTICLE 7 THEREOF ,

WHEREAS ARTICLES 3 ( B ) AND 6 ( A ) OF REGULATION ( EEC ) NO 1488/76 PROVIDE FOR THE REIMBURSEMENT OF THE PROFIT INCLUDED IN THE INTERVENTION PRICE ON ACCOUNT OF THE COSTS INVOLVED IN MAINTAINING THE MINIMUM STOCK ;

WHEREAS , IN ORDER TO DETERMINE THAT PROFIT , COMMISSION REGULATION ( EEC ) NO 189/77 OF 28 JANUARY 1977 , LAYING DOWN DETAILED RULES FOR THE APPLICATION OF THE SYSTEM OF MINIMUM STOCKS IN THE SUGAR SECTOR ( 4 ), PROVIDES FOR A FLAT-RATE AMOUNT TO BE FIXED FOR EACH SUGAR MARKETING YEAR ;

WHEREAS THE MEASURES PROVIDED FOR IN THIS REGULATION ARE IN ACCORDANCE WITH THE OPINION OF THE MANAGEMENT COMMITTEE FOR SUGAR ,

HAS ADOPTED THIS REGULATION :

ARTICLE 1

FOR THE 1980/81 SUGAR MARKETING YEAR , THE FLAT-RATE AMOUNT REFERRED TO IN ARTICLE 6 OF REGULATION ( EEC ) NO 189/77 SHALL BE 0.121 ECU PER 100 KILOGRAMS OF SUGAR EXPRESSED IN WHITE VALUE .

ARTICLE 2

THIS REGULATION SHALL ENTER INTO FORCE ON 1 JULY 1980 .

THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .

DONE AT BRUSSELS , 30 JUNE 1980 .

FOR THE COMMISSION

FINN GUNDELACH

VICE-PRESIDENT