1997R0806 — EN — 29.06.1997 — 001.001 — 1
This document is meant purely as a documentation tool and the institutions do not assume any liability for its contents
►B COMMISSION REGULATION (EC) No 806/97
of 2 May 1997
fixingthemaximumamountsofcompensatoryaidrelatingtoappreciablerevaluationsoftheIrish
pound, the pound sterling and the Italian lira occurring prior to 31 March 1997
(OJ L 115, 3.5.1997, p. 16)
Amended by:
Official Journal
No page date
►M1Commission Regulation (EC) No 1219/97 of 27 June 1997 L 170 56 28.6.1997
NB: This consolidated version contains references to the European unit of account and/or the ecu, which from 1 January 1999
should be understood as references to the euro — Council Regulation (EEC) No 3308/80 (OJ L 345, 20.12.1980, p. 1) andCouncil Regulation (EC) No 1103/97 (OJ L 162, 19.6.1997, p. 1).
1997R0806 — EN — 29.06.1997 — 001.001 — 2
▼B
COMMISSION REGULATION (EC) No 806/97
of 2 May 1997
fixing the maximum amounts of compensatory aid relating to
appreciablerevaluationsoftheIrishpound,thepoundsterlingand
the Italian lira occurring prior to 31 March 1997
THE COMMISSION OF THE EUROPEAN COMMUNITIES,
Havingreg ard to the Treaty establishingthe European Community,
Having regard to Council Regulation (EC) No 724/97 of 22 April 1997
determiningmeasures and compensation relatingto appreciable revalu-ations that effect farm incomes(
1), and in particular Article 7 thereof,
Whereas Regulation (EC) No 724/97 stipulates that the Member States
can grant aid to farmers to offset appreciable revaluations; whereas suchcompensatory aid is to be granted on the terms laid down in thatRegulation and in Commission Regulation (EC) No 805/97 of 2 May1997 layingdown detailed rules for compensation relatingto appreci-able revaluations(
2);
Whereas the compensatory aid is to be determined in accordance with
Articles 4, 5 and 6 of Regulation (EC) No 724/97 and is to comprise aprincipal amount and, where applicable, supplementary amountspursuant to the second subparagraph of Article 3 (2) of that Regulation;
Whereas, in particular to facilitate the preparation of its grant, the
ceilingfor the principal amount of the first tranche of the compensatoryaid should be fixed on the basis of the latest data available for theappreciable revaluations that occurred on 8 November 1996, 11 Januaryand 29 March 1997 as regards the Irish pound, 21 January and 29March 1997 as regards the pound sterling and 1 March 1997 as regardsthe Italian lira; whereas these ceilings are established without prejudiceto a reduction or cancellation in the case of an agricultural conversionrate increase duringthe examination period referred to in Article 4 (3)of Regulation (EC) No 724/97 and without prejudice to the possibilityof granting supplementary amounts pursuant to the second subparagraphof Article 3 (2) of the said Regulation;
Whereas, for the purposes of applyingReg ulation (EC) No 805/97, the
period referred to in Article 3 (1) of that Regulation should be specifiedso as to link the aid to previous production;
Whereas the measures provided for in this Regulation are in accordance
with the opinions of the Management Committees concerned,
HAS ADOPTED THIS REGULATION:
Article 1
The principal amount of the first tranche of compensatory aid for
Ireland pursuant to Article 1 (2) of Regulation (EC) No 805/97 shall notexceed:
— ECU 8,10 million for the appreciable revaluation that occurred on 8
November 1996, plus ECU 105,20 million for the appreciablerevaluation that occurred on 11 January 1997,
— ECU ►
M157,50◄million for the appreciable revaluation that
occurred on 29 March 1997.
(1) OJ No L 108, 25. 4. 1997, p. 9.
(2) See page 13 of this Official Journal.
1997R0806 — EN — 29.06.1997 — 001.001 — 3
▼B
Article 2
The principal amount of the first tranche of compensatory aid for the
United Kingdom pursuant to Article 1 (2) of Regulation (EC) No805/97 shall not exceed:
— ECU 161,08 million for the appreciable revaluation that occurred on
21 January 1997,
— ECU 160,20 million for the appreciable revaluation that occurred on
29 March 1997.
Article 3
The principal amount of the first tranche of compensatory aid for Italy
pursuant to Article 1 (2) of Regulation (EC) No 805/97 shall not exceedECU 247,32 million for the appreciable revaluation that occurred on 1March 1997.
Article 4
1. The amounts fixed in the present Regulation are established
without prejudice to the consequences of Article 4 (3) of Regulation(EC) No 724/97.
2. For the purposes of granting compensatory aid the maximum
amounts of which are fixed in this Regulation, the period referred to inArticle 3 (1) of Regulation (EC) No 805/97 shall end on 31 March 1997at the latest.
Article 5
This Regulation shall enter into force on the seventh day following its
publication in the Official Journal of the European Communities .
This Regulation shall be binding in its entirety and directly applicable in
all Member States.