1. 7. 88 Official Journal of the European -Communities No L 169/3 COMMISSION REGULATION (EEC) No 1921/88 of 30 June 1988 fixing, for the 1988/89 marketing year, the flat-rate amount provided for under the system of minimum stocks in the sugar sector THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, . Having regard to Council Regulation (EEC) No 1785/81 of 30 June 1981 on the common organization of the markets in the sugar sector ('), as last amended by Regu- lation (EEC) No 1107/88 (3, and in particular- Article 12 (3) thereof, Having regard to Council Regulation (EEC) No 1789/81 of 30 June 1981 laying down general rules concerning the system of minimum stocks in the sugar sector (), Whereas Articles 3 (b) and 6 (a) of Regulation (EEC) No 1789/81 provide for the reimbursement of the pecuniary advantage included in the intervention price on account of the costs involved in maintaining the minimum stock ; Whereas the Council has not to date adopted. the- prices for the 1988/89. marketing year, which commences on 1 July 1988 ; whereas the price factors determined by Commission Regulation (EEC) No 1912/88 () should accordingly be taken into account for the calculation in order to ensure that the impoit arrangements continue to operate in the sector concerned ; Whereas, in order to determine that pecuniary advantage, Commission Regulation (EEC) No 189/77 of 28 January 1977 laying down detailed rules for the application of the system- of minimum stocks in the sugar sector(®), as amended by Regulation (EEC) No 1920/81 (5), provides for a flat-rate amount to-be fixed for each marketing year; 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 For the 1988/89 marketing year, the flat-rate amount referred to in Article 6 of Regulation (EEC) No 189/77 shall be 0,165 ECU per 100 kilograms of sugar expressed as white sugar. Article 2 This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities. . , It shall apply with effect from 1 July 1988. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 30 June 1988. () OJ No L 177, 1. 7. 1981, p. 4. {) OJ No L 110, 29. 4. 1988, p. 20. () OJ No L 177, 1. 7. 1981, p. 39. () O No L 168, 1. 7. 1988, p. 115. For the Commission Frans ANDRIESSEN Vice-President P () OJ No L 25, 29. 1. 1977, p. 27. () OJ No L 189, 11. 7. 1981, p. 23.