Article 10 Amount to be charged in case of surplus quantities

Where the total quantities determined by the Commission in accordance with Article 7(1) exceed the total quantities referred to in Article 8, then Croatia shall be charged with an amount equal to the difference between those figures (in white sugar or dry matter equivalent) multiplied by the highest positive difference between the average Union sugar market price reported on a monthly basis in accordance with Article 14 of Commission Regulation (EC) No 952/2006^f1 and the average monthly quotation, in EUR equivalent, of white sugar observed at the London No 5 white sugar futures market for the nearest term during the period from 1 July 2013 to F131 July 2016. That amount shall be increased by EUR 50 per tonne. The amount charged shall be assigned to the Union budget by 31 March 2017 at the latest.