Commission Regulation (EEC) No 1758/93 of 1 July 1993 amending Regulation (EEC) No 1998/78 laying down detailed rules for the offsetting of storage costs for sugar

• CELEX: Regulation (EEC) No 1758/93
• Articles: 2

Article 1

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.'

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, 1 July 1993.

For the Commission

René STEICHEN

Member of the Commission

(1) OJ No L 177, 1. 7. 1981, p. 4.

(2) OJ No L 154, 25. 6. 1993, p. 10.

(3) OJ No L 231, 23. 8. 1978, p. 5.

(4) OJ No L 152, 18. 6. 1988, p. 23.

(5) OJ No L 21, 29. 1. 1982, p. 3.