Commission Delegated Regulation (EU) 2016/1166 of 17 May 2016 amending Annex X to Regulation (EU) No 1308/2013 of the European Parliament and of the Council as regards purchase terms for beet in the sugar sector as from 1 October 2017

CELEX: 32016R1166
Document type: REG_DEL
Sector: Legislation
Date of document: 2016-05-17
In force since: 2016-07-26
Status: In force
ELI: http://data.europa.eu/eli/reg_del/2016/1166/oj

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Article 1

In Point XI of Annex X to Regulation (EU) No 1308/2013, the following point 5 is added: ‘5. A sugar undertaking and the beet sellers concerned may agree on value sharing clauses, including market bonuses and losses, determining how any evolution of relevant market prices of sugar or other commodity markets is to be allocated between them.’

Article 2

This Regulation shall enter into force on the seventh day following that of its publication in the Official Journal of the European Union.

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