NoL118/51 13.5.91 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No1231/91
of8May1991
fixingtherepresentativemarketratestobeappliedforcertainamountsinthecontextof
thecommonagriculturalpolicyand,inparticular,forthecalculationofthemonetary
compensatory amounts
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulation(EEC)No
1677/85of11June1985onmonetarycompensatory
amountsinagriculture(*),aslastamendedbyRegulation
(EEC)No2205/90(2),andinparticularArticle9(2)
thereof,
HavingregardtoCommissionRegulation(EEC)No
3578/88of17November1988layingdowndetailed
rulesfortheapplicationofthesystemfortheautomatic
dismantlement ofnegativemonetarycompensatory
amounts(3),aslastamendedbyRegulation(EEC)No
287/91(4),andinparticularArticle7thereof,
Whereasthemonetarycompensatory amounts
introducedbyRegulation(EEC)No1677/85werefixed
byCommissionRegulation(EEC)No1207/90(5),as
lastamendedbyRegulation(EEC)No1230/91('),on
thebasisofthecentralratesand,forcertainMember
States,onthebasisoftheexchangeratesreferredtoin
Article3ofCommissionRegulation(EEC)No3153/85
of11November1985layingdowndetailedrulesforthe
calculationofmonetarycompensatory amounts(7),as
lastamendedbyRegulation(EEC)No3672/89(');
Whereas,inaccordancewithArticle3aofCommission
Regulation(EEC)No3152/85of11November1985layingdowndetailedrulesfortheapplicationofRegu­
lation(EEC)No1676/85onthevalueoftheunitof
accountandtheconversionratestobeappliedforthe
purposesofthecommonagriculturalpolicy(9),aslast
amendedbyRegulation(EEC)No3237/90(10),the
ratesusedtofixor,whereappropriate,adjustthe
monetarycompensatory amounts,fromthistimeforth
definedasrepresentativemarketrates,aretobeusedfor
theconversionintoecusoftheamountsrelatingtoworld
marketdataandexpressedinthenationalcurrencyofa
MemberState;whereas,pursuanttoArticle2(4)of
CouncilRegulation(EEC)No1676/85("),aslast
amendedbyRegulation(EEC)No2205/90,thoserates
arealsotobeusedfortheconversionofcertainother
agriculturalamounts;whereastheratesinquestion
shouldbefixedtomakeiteasiertousethem,
HASADOPTEDTHISREGULATION :
Article1
TherepresentativemarketratesreferredtoinArticle3a
ofRegulation(EEC)No3152/85,tobeappliedfor
certainamountsinthecontextofthecommonagri­
culturalpolicyandusedtofixor,whereappropriate,to
adjustthemonetarycompensatoryamounts,shallbeset
outintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon13May1991.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,8May1991.
FortheCommission
RayMACSHARRY
MemberoftheCommission
(')OJNoL164,24.6.1985,p.6.
(2)OJNoL201,31.7.1990,p.9.
C)OJNoL312,18.11.1988,p.16.
OOJNoL35,7.2.1991,p.10.
(*)OJNoL122,14.5.1990,p.1.
(6)Seepage1ofthisOfficialJournal.
OOJNoL310,21.11.1985,p.4.
(•)OJNoL358,8.12.1989,p.28.(')OJNoL310,21.11.1985,p.1.
(10)OJNoL310,9.11.1990,p.18.
(")OJNoL164,24.6.1985,p.1.

NoL118/52 13.5.91 OfficialJournaloftheEuropeanCommunities
ANNEX
Representativemarketratestobeappliedforcertainamountsinthecontextofthecommonagricul­
turalpolicyand,inparticular,forthecalculationofthemonetarycompensatoryamounts
100Lit 1£ 1£Irl 1ECU
Bfrs/Lfrs
Dkr
DM
FF
F1
£Irl
£
Lit
Dr
Esc
Pta2,75661
0,509801
0,133650
0,448246
0,150590
0,0498894
0,0452356
14,5763
11,5083
8,2747760,9390
11,2699
2,95454
9,90915
3,32901
1,10288
2210,65
322,231
254,408
182,92655,2545
10,2186
2,67893
8,98480
3,01847
0,906718
2004,44
292,172
230,677
165,86348,5563
8,97989
2,35418
7,89563
2,65256
0,878776
0,796802
1761,45
256,754
202,713
145,756