NoL206/38rEN-! OfficialJournaloftheEuropeanCommunities 1.9.95
COMMISSION REGULATION (EC)No2098/95
of31August1995
fixingtheagricultural conversion rates
advanceistobeadjustedifthegapbetweenthatrateand
theagricultural conversion rateinforceatthetimeofthe
operativeeventapplicable fortheamountconcerned
exceedsfourpoints;whereas,inthatevent,theagricul­
turalconversion ratefixedinadvanceisbroughtmore
closelyintolinewiththerateinforce,uptothelevelofa
gapoffourpointswiththatrate;whereastheratewhich
replacestheagricultural conversion ratefixedinadvance
shouldbespecified,
HASADOPTED THISREGULATION :
Article 1
Theagricultural conversion ratesarefixedinAnnexI
hereto.
Article2
InthecasereferredtoinArticle15(3)ofRegulation
(EEC)No1068/93,theagricultural conversion ratefixed
inadvanceshallbereplacedbytheecurateforthe
currencyconcerned ,showninAnnexII:
—TableA,wherethelatterrateishigherthantherate
fixedinadvance,
—TableB,wherethelatterrateislowerthantherate
fixedinadvance .
Article3
Regulation (EC)No2013/95isherebyrepealed .
Article4
ThisRegulation shallenterintoforceon1September
1995.THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Community ,
HavingregardtoCouncilRegulation (EEC)No3813/92
of28December 1992ontheunitofaccountandthe
conversion ratestobeappliedforthepurposesofthe
commonagricultural policy('),aslastamendedbyRegu­
lation(EC)No150/95(2),andinparticularArticle3(1)
thereof,
Whereastheagricultural conversion rateswerefixedby
Commission Regulation (EC)No2013/95(3);
WhereasArticle4ofRegulation (EEC)No3813/92
providesthat,subjecttoconfirmation periodsbeingtrig­
gered,theagricultural conversion rateforacurrencyisto
beadjustedwherethemonetarygapbetweenitandthe
representative marketrateexceedscertainlevels;
Whereastherepresentative marketratesaredetermined
onthebasisofbasicreferenceperiodsor,whereappli­
cable,confirmation periods,established inaccordance
withArticle2ofCommission Regulation (EEC)No
1068/93of30April1993ondetailedrulesfordeter­
miningandapplyingtheagricultural conversion rates(4),
aslastamendedbyRegulation (EC)No1053/95(^);
whereasparagraph 2ofthatArticleprovidesthat,incases
wheretheabsolutevalueofthedifference betweenthe
monetarygapsintwoMemberStates,calculated fromthe
averageoftheecuratesforthreeconsecutive quotation
days,exceedssixpoints,therepresentative marketrates
aretobeadjustedonthebasisofthethreequotationdays
inquestion ;
Whereas ,asaconsequence oftheexchangeratesrecorded
from21to31August1995,itisnecessarytofixanew
agricultural conversion ratefortheSwedishkrona;
WhereasArticle15(2)ofRegulation (EEC)No1068/93
providesthatanagricultural conversion ratefixedin
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,31August1995.
FortheCommission
KarelVANMIERT
MemberoftheCommission
(<)OJNoL387,31.12.1992,p.1.
(2)OJNoL22,31.1.1995,p.1.
MOJNoL196,19.8.1995,p.16.
(<)OJNoL108,1.5.1993,p.106.
MOJNoL107,12.5.1995,p.4.

1.9.95 |EN| OfficialJournaloftheEuropeanCommunities NoL206/39
ANNEXI
Agricultural conversion rates
ECU1=39,5239 Belgianand
Luxembourg francs
7,49997 Danishkroner
1,90616 Germanmarks
302,927 Greekdrachmas
198,202 Portuguese escudos
6,61023 Frenchfrancs
5,88000 Finnishmarks
2,14021 Dutchguilders
0,829498 Irishpunt
2164,34 Italianlire
13,4084 Austrianschillings
165,198 Spanishpesetas
9,63352 Swedishkroner
0,843954 Poundsterling
ANNEXII
Agricultural conversion ratesfixedinadvanceandadjusted
TableA TableB
ECU1=38,0038 Belgianand ECU1=41,1707 Belgianand
Luxembourg francs Luxembourg francs
7,21151 Danishkroner 7,81247 Danishkroner
1,83285 Germanmarks 1,98558 Germanmarks
291,276 Greekdrachmas 315,549 Greekdrachmas
190,579 Portuguese escudos 206,460 Portuguese escudos
6,35599 Frenchfrancs 6,88566 Frenchfrancs
5,65385 Finnishmarks 6,12500 Finnishmarks
2,05789 Dutchguilders 2,22939 Dutchguilders
0,797594 Irishpunt 0,864060 Irishpunt
2081,10 Italianlire 2254,52 Italianlire
12,8927 Austrianschillings 13,9671 Austrianschillings
158,844 Spanishpesetas 172,081 Spanishpesetas
9,26300 Swedishkroner 10,0349 Swedishkroner
0,811494 Poundsterling 0,879119 Poundsterling