The dielectric permittivity tensor for incommensurately modulated phases in
insulating crystals is considered. The main attention is paid to the spati
al dispersion giving rise to optical gyration effects and the influence of
the modulation phase on those effects. General properties of the dielectric
tensor are analysed in relation to the lattice and incommensurate superlat
tice periodicity requirements, the Onsager principle and the condition of a
bsence of the radiation losses in the optical medium. The structure of the
microscopic components of the tensor and a macroscopic averaging procedure
for the plane-wave modulation region are discussed. The possibility of exis
tence of an and-Hermitian part in the dielectric tensor of lossless incomme
nsurate crystals originating from the modulation-induced spatial dispersion
is revealed. The performed analysis shows a necessity for introduction int
o the constitutive equation of the term including spatial derivatives of th
e optical activity tensor.