Article 1
Open ↗Point (c) of the second subparagraph of Article 12 of Regulation (EEC) No 1998/78 is hereby replaced by the following: '(c) transfer of property rights to the sugar without exit of the sugar from the approved warehouse of the manufacturer. However: - an obligation contracted for the purposes of financing the sugar, and provided the party concerned retains his right to dispose of the quantity of sugar in question, or - a transfer of ownership resulting from a restructuring operation as referred to in Article 2 (1) of Regulation (EEC) No 193/82, shall not be considered as disposal.'