L 254/4 Official Journal of the European Union 8.10.2003 COMMISSION REGULATION (EC) No 1762/2003 of 7 October 2003 fixing the production levies in the sugar sector for the 2002/03 marketing year THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EC) No 1260/2001 of 19 June 2001 on the common organisation of the markets in the sugar sector ("), as amended by Commission Regulation (EC) No 680/2002 (%), and in particular the first indent of Article 15(8) thereof, Whereas: (1)  Article 8 of Commission Regulation (EC) No 314/2002 of 20 February 2002 laying down detailed rules for the application of the quota system in the sugar sector (°), as amended by Regulation (EC) No 1140/2003 (%), provides that the basic production levy and the B levy together with, if required, the coefficient referred to in Article 16(2) of Regulation (EC) No 1260/2001 for sugar, isoglucose and inulin syrup shall be fixed for each marketing year before 15 October in respect of the previous marketing year. (2)  For the 2002/03 marketing year, the estimate of the overall loss recorded in accordance with Article 15(1) and (2) of Regulation (EC) No 1260/2001 requires, in accordance with paragraphs 3 and 4 of that Article, the adoption of 2 % for the basic levy and 19,962 for the B levy. (3)  The overall loss recorded on the basis of known data and in accordance with Article 15(1) of Regulation (EC) No 1260/2001 is covered in its entirety by the receipts from the basic production levy and the B levy. So there is no need to fix the coefficient referred to in Article 16(2) of that Regulation for the 2002/03 marketing year. (4)  The Management Committee for Sugar has not delivered an opinion within the time limit set by its chairman, HAS ADOPTED THIS REGULATION: Article 1 The production levies in the sugar sector shall be as follows for the 2002/03 marketing year: (a) EUR 12,638 per tonne of white sugar as the basic produc- tion levy on A sugar and B sugar; (b) EUR 126,139 per tonne of white sugar as the B levy on B sugar; (c) EUR 5,330 per tonne of dry matter as the basic production levy on A isoglucose and B isoglucose; (d) EUR 55,093 per tonne of dry matter as the B levy on B isoglucose; (e) EUR 12,638 per tonne of dry matter equivalent sugar| isoglucose as the basic production levy on A inulin syrup and B inulin syrup; (f) EUR 126,139 per tonne of dry matter equivalent sugar/ isoglucose as the B levy on B inulin syrup. Atticle 2 This Regulation shall enter into force on the day of its publica- tion in the Official Journal of the European Union. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 7 October 2003. 1 () OJ L 178, 30.6.2001, p. 1. () OJ L 104, 20.4.2002, p. 26. () OJL 50, 21.2.2002, p. 40. () OJ L 160, 28.6.2003, p. 33. For the Commission Franz FISCHLER Member of the Commission