25. 6. 77 No L 156/7 Official Journal of the European Communities COUNCIL REGULATION (EEC) No 1359/77 of 20 June 1977 amending Regulation (EEC) No 447/68 laying down general rules for interven- tion buying of sugar THE COUNCIL 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 organi- zation of the market in sugar(!), as last amended by Regulation (EEC) No 1110/77 (%), and in particular Article 9 (5) thereof, Having regard to the proposal from the Commission, Whereas the intervention prices for white and raw sugar have been fixed, with effect from 1 July 1977, without taking account of the levy provided for in Article 8 of Regulation (EEC) No 3330/74 ; whereas the producer’s effective market price at the ex-factory stage is one which necessarily takes into account the said levy which is payable at that stage ; whereas, there- fore, the same rule should apply when sugar is put on sale by the intervention agency, which is also required to pay the said levy when such sugar is marketed; whereas Council Regulation (EEC) No 447/68 of 9 April 1968 laying down general rules for intervention buying of sugar(?), as last amended by Regulation (EEC) No 2274/70 (%), should be amended accord- ingly, HAS ADOPTED THIS REGULATION : Article 1 In Article 3 of Regulation (EEC) No 447/68 the following paragraph 2a is hereby inserted : ‘2a.  The selling price or the minimum selling price at the time when the sugar is put on sale shall take into account the levy which is referred * to in Article 8 of Regulation (EEC) No 3330/74 and which applies during the sugar marketing year in which the sugar is put on sale’ Article 2 This Regulation shall enter into force on 1 July 1977, This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Luxemburg, 20 June 1977. o L 359, 31. 12,1974, p. 1. o L 134, 28 5. 1977, p. 1. z2 (" 0) () O] For the Council The President J. SILKIN () OJ No L v1. 12. 4. 1968, p. 5. () O1 No L 246, 12. 11. 1970, p. 3.