THE EUROPEAN COMMISSION,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to Council Regulation (EC) No 1234/2007 of 22 October 2007 establishing a common organisation of agricultural markets and on specific provisions for certain agricultural products (Single CMO Regulation),
Having regard to Commission Regulation (EU) No 222/2011 of 3 March 2011 laying down exceptional measures as regards the release of out-of-quota sugar and isoglucose on the Union market at reduced surplus levy during marketing year 2010/2011, and in particular Article 5 thereof,
Whereas:
(1)
The quantities covered by certificate applications for out-of-quota sugar submitted from 14 to 18 March 2011 and notified to the Commission exceed the limit set in Article 1 of Regulation (EU) No 222/2011.
(2)
Therefore, in accordance with Article 5 of Regulation (EU) No 222/2011 it is necessary to fix an allocation coefficient, which the Member States shall apply to the quantities covered by each notified certificate application, to reject the applications which have not yet been notified and to close the period for submitting the applications.
(3)
In order to act before the issuing of certificates applied for, this Regulation should enter into force on the day of its publication in the Official Journal of the European Union,
HAS ADOPTED THIS REGULATION: