Commission Regulation (EEC) No 2230/80 of 25 August 1980 altering the percentages fixed for minimum stocks in the sugar sector for the 1980/81 sugar marketing year

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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 211 , 14 . 8 . 1980 , P . 1 .

COMMISSION REGULATION ( EEC ) NO 2230/80

OF 25 AUGUST 1980

ALTERING THE PERCENTAGES FIXED FOR MINIMUM STOCKS IN THE SUGAR SECTOR FOR THE 1980/81 SUGAR MARKETING YEAR

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 ), AS AMENDED BY REGULATION ( EEC ) NO 2153/80 ( 4 ), AND IN PARTICULAR ARTICLE 7 THEREOF ,

WHEREAS THE FIRST SUBPARAGRAPH OF ARTICLE 1 OF REGULATION ( EEC ) NO 1488/76 PROVIDES THAT THE MINIMUM STOCKS OF ANY SUGAR MANUFACTURER AND OF ANY REFINER OF PREFERENTIAL SUGAR MAY NOT BE LESS THAN 10 % OF A CERTAIN QUANTITY OF SUGAR PRODUCED OR REFINED , AS THE CASE MAY BE ; WHEREAS THE SECOND SUBPARAGRAPH OF THE SAME ARTICLE PERMITS , FOR THE 1980/81 SUGAR YEAR , AN ALTERATION OF THOSE PERCENTAGES ;

WHEREAS A LIMITED REDUCTION IN THOSE PERCENTAGES IS NOT LIKELY TO HINDER THE ATTAINMENT OF THE OBJECTIVES OF ARTICLE 18 OF REGULATION ( EEC ) NO 3330/74 ; WHEREAS SUCH A REDUCTION ALSO HAS THE ADVANTAGE OF INCREASING THE VOLUME OF SUGAR AVAILABLE ON THE INTERNAL MARKET OF THE COMMUNITY UNTIL THE BEGINNING OF THE NEW HARVEST ; WHEREAS , THEREFORE , THE PERCENTAGES FOR MINIMUM STOCKS SHOULD BE REDUCED , AND THE FIGURE OF 8 % WOULD APPEAR TO BE APPROPRIATE ;

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

THE PERCENTAGES MENTIONED IN THE FIRST SUBPARAGRAPH OF ARTICLE 1 OF REGULATION ( EEC ) NO 1488/76 ARE HEREBY REDUCED TO 8 % FOR THE 1980/81 SUGAR MARKETING YEAR .

ARTICLE 2

THIS REGULATION SHALL ENTER INTO FORCE ON 26 AUGUST 1980 .

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

DONE AT BRUSSELS , 25 AUGUST 1980 .

FOR THE COMMISSION

FINN GUNDELACH

VICE-PRESIDENT