7.12.92 OfficialJournaloftheEuropeanCommunities NoL357/47
COMMISSION REGULATION (EEC)No3497/92
of3December 1992
fixingtherepresentative marketratestobeappliedforcertainamountsinthecontextof
thecommonagricultural policyand,inparticular,forthecalculation ofthemonetary
compensatory amountsandtheagricultural conversionratesforthepigmeatsectorinthe
UnitedKingdom
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,MemberState;whereas,pursuanttoArticle6aofRegu­
lation(EEC)No1677/85andwithoutprejudiceto
Article7(2)ofCommission Regulation (EEC)No
3578/88of17November 1988layingdowndetailed
rulesfortheapplication ofthesystemfortheautomatic
dismantlement ofnegativemonetary compensatory
amounts('),aslastamendedbyRegulation (EEC)No
3137/91(10),thoseratesaretobetheagricultural
conversion ratesapplyingtopigmeat;whereas,pursuant
toArticle2(4)ofCouncilRegulation (EEC)No
1676/85("),aslastamendedbyRegulation (EEC)No
2205/90,thoseratesarealsotobeusedforthe
conversion ofcertainotheragricultural ,amounts;
whereastheratesinquestionshouldbefixedtomakeit
easiertousethem,HavingregardtoCouncilRegulation (EEC)No
1677/85of11June1985onmonetarycompensatory
amountsinagriculture (*),aslastamendedbyRegu­
lation(EEC)No2205/90(2),andinparticular
Article9(2)thereof,
HASADOPTED THISREGULATION :Whereas themonetary compensatory amounts
introduced byRegulation (EEC)No1677/85werefixed
byCommission Regulation (EEC)No1641/91(3),as
lastamendedbyRegulation (EEC)No3496/92(4),on
thebasisofthecentralratesand,forcertainMember
States,onthebasisoftheexchangeratesreferredtoin
Article3ofCommission Regulation (EEC)No3153/85
of11November 1985layingdowndetailedrulesforthe
calculation ofmonetarycompensatory amounts(5),as
lastamendedbyRegulation (EEC)No3672/89(*);Article1
Therepresentative marketratesreferredtoinArticle3a
ofRegulation (EEC)No3152/85,tobeappliedfor
certainamountsinthecontextofthecommonagri­
culturalpolicyandusedtofixor,whereappropriate ,to
adjustthemonetarycompensatory amounts,aresetout
intheAnnexhereto.
Whereas,inaccordance withArticle3aofCommission
Regulation (EEC)No3152/85of11November 1985
layingdowndetailedrulesfortheapplication ofRegu­
lation(EEC)No1676/85onthevalueoftheunitof
accountandtheconversion ratestobeappliedforthe
purposesofthecommonagricultural policy(7),aslast
amendedbyRegulation (EEC)No3237/90(*),the
ratesusedtofixor,whereappropriate ,adjustthe
monetarycompensatory amounts,fromthistimeforth
definedasrepresentative marketrates,aretobeusedfor
theconversion intoecusoftheamountsrelatingtoworld
marketdataandexpressedinthenationalcurrencyofaArticle2
Theagricultural conversion ratesforthepigmeatsector
isfixed:
—inSpainatECU1=Pta165,993,
—intheUnitedKingdomatECU1=£0,960016 .
Article3
ThisRegulation shallenterintoforceon7December
1992.OOJNoL164,24.6.1985,p.6.
OOJNoL201,31.7.1990,p.9.
OOJNoL153,17.6.1991,p.1.
(4)Seepage1ofthisOfficialJournal .
OOJNoL310,21.11.1985,p.4.
(4)OJNoL358,8.12.1989,p.28.
OOJNoL310,21.11.1985,p.1.
(•)OJNoL310,9.11.1990,p.18.OOJNoL312,18.11.1988,p.16.
(10)OJNoL297,29.10.1991,p.17.
OOJNoL164,24.6.1985,p.1.

NoL357/48 OfficialJournaloftheEuropeanCommunities 7.12.92
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,3December 1992.
FortheCommission
RayMACSHARRY
MemberoftheCommission
ANNEX
Conversion ratesusedforthecalculation ofmonetarycompensatory amountsandtobeappliedfor
certainamountsintheagricultural sector
100Lit 1£ 1£Irl 1ECU
Bfrs/Lfrs 2,38936 50,3085 55,2545 48,5563
Dkr 0,441882 9,30394 10,2186 8,97989
DM 0,115844 2,43913 2,67893 2,35418
FF 0,388528 8,18055 8,98480 7,89563
F1 0,130527 2,74828 3,01847 2,65256
£Irl 0,0432428 0,910487 — 0,878776
£ 0,0474941 — 1,09831 0,965171
Lit — 2105,52 2312,52 2032,19
Dr 15,0320 316,501 347,618 305,478
Esc 10,3102 217,084 238,426 209,523
Pta 8,32353 175,254 192,484 169,150