16.11.92 OfficialJournaloftheEuropeanCommunities NoL330/47
COMMISSION REGULATION (EEC)No3278/92
of12November 1992
fixingtherepresentative marketratestobeappliedforcertainamountsinthecontextof
thecommonagricultural policyand,inparticular,forthecalculation ofthemonetary
compensatory amountsandtheagricultural conversion ratesforthepigmeatsectorinthe
UnitedKingdom
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,monetarycompensatory amounts,fromthistimeforth
definedasrepresentative marketrates,aretobeusedfor
theconversion intoecusoftheamountsrelatingtoworld
marketdataandexpressedinthenationalcurrencyofa
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 (l),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(J),as
lastamendedbyRegulation (EEC)No3277/92(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.
Article2
Theagricultural conversion ratesforthepigmeatsector
isfixed:
—intheUnitedKingdomatECU1=£0,874575 .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 Article3
ThisRegulation shallenterintoforceon16November
1992.l)OJNoL164,24.6.1985,p.6.
*)OJNoL201,31.7.1990,p.9.
')OJNoL153,17.6.1991,p.1.
4)Seepage1ofthisOfficialJournal ,
s)OJNoL310,21.11.1985,p.4.
')OJNoL358,8.12.1989,p.28.
7)OJNoL310,21.11.1985,p.1.
»)OJNoL310,9.11.1990,p.18.(*)OJNoL312,18.11.1988,p.16.
(»°)OJNoL297,29.10.1991,p.17.
(")OJNoL164,24.6.1985,p.1.

NoL330/48 OfficialJournaloftheEuropeanCommunities 16.11.92
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,12November 1992.
FortheCommission
RayMACSHARRY
MemberoftheCommission
ANNEX
Conversion ratesusedforthecalculation ofmonetarycompensatory amountsandtobeappliedfor
certainamountsintheagricultural sector
100Lit 1£ 1£Irl lECU
Bfrs/Lfrs 2,49320 51,8346 55,2545 48,5563
Dkr 0,461086 9,58618 10,2186 8,97989
DM 0,120879 2,51313 2,67893 2,35418
FF 0,405413 8,42871 8,98480 7,89563
F1 0,136200 2,83165 3,01847 2,65256
£Irl 0,0451221 0,938108 — 0,878776
£ 0,0480991 — 1,06598 0,936754
Lit — 2079,04 2216,21 1947,55
Dr 15,1400 314,768 335,535 294,860
Esc 10,4215 216,667 230,962 202,964
Pta 8,35943 173,796 185,262 162,804