EN Official Journal of the European Communities 15. 7. 1999 L 180/33
COMMISSION REGULATION (EC) No 1546/1999
of 14 July 1999
fixing, for the 1998/1999 marketing year, the specific exchange rate applicable to the minimum
sugarbeet prices and the production levy and additional levy in the sugar sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES,
Having regard to the Treaty establishing the EuropeanCommunity,
Having regard to Commission Regulation (EEC) No 1713/93 of
30 June 1993 establishing special detailed rules for applyingthe agricultural conversion rate in the sugar sector (
1), as last
amended by Regulation (EC) No 624/1999 (2), and in particular
Article 1(3) thereof,
(1) Whereas Article 1(1) of Regulation (EEC) No 1713/93specifies that the minimum sugarbeet prices referred toin Article 5 of Council Regulation (EEC) No 1785/81 of30 June 1981 on the common organisation of themarket in the sugar sector (
3), as last amended by Regu-
lation (EC) No 1148/98 (4), and the production levy and
additional levy referred to, respectively, in Articles 28and 28a respectively of that Regulation are to beconverted into national currency using a specificexchange rate equal to the average, calculated pro rata
temporis , of the exchange rates applicable during the
marketing year in question; whereas that specificexchange rate must be fixed during the month followingthe end of the marketing year in question;
(2) Whereas, from 1 January 1999, the system of specificagricultural conversion rates has been amended byCouncil Regulation (EC) No 2799/98 of 15 December1998 establishing agrimonetary arrangements for theeuro (
5); whereas, as a result, the specific exchange rateto be set for the 1998/1999 marketing year, for the
period 1 January 1999 to 30 June 1999 for the non-participating Member States, should be the exchangerate;
(3) Whereas the application of these provisions results inthe setting, for the 1998/1999 marketing year, of thespecific exchange rate for the minimum sugarbeet pricesas well as the production levy and, where appropriate,additional levy in the various national currencies, as setout in the Annex to this Regulation,
HAS ADOPTED THIS REGULATION:
Article 1
The specific exchange rate to be used for conversion of the
minimum sugarbeet prices referred to in Article 5 of Regula-tion (EEC) No 1785/81 and the production levy and, whereappropriate, the additional levy referred to, respectively, inArticles 28 and 28a respectively of that Regulation, into eachof the national currencies, shall be fixed, for the 1998/1999marketing year, as set out in the Annex.
Article 2
This Regulation shall enter into force on 15 July 1999.It shall apply from 1 July 1998.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 14 July 1999.
For the Commission
Franz FISCHLER
Member of the Commission
(1) OJ L 159, 1.7.1993, p. 94.
(2) OJ L 78, 24.3.1999, p. 9.
(3) OJ L 177, 1.7.1981, p. 4.
(4) OJ L 159, 3.6.1998, p. 38.
(5) OJ L 349, 24.12.1998, p. 1.
EN Official Journal of the European Communities 15. 7. 1999 L 180/34
ANNEX
to the Commission Regulation of 14 July 1999 fixing, for the 1998/1999 marketing year, the specific exchange
rate applicable to the minimum sugarbeet prices and the production levies and the additional levy in the sugar
sector
Specific exchange
EUR 1 = 7,49890 Danish kroner
331,775 Greek drachmas
9,01920 Swedish kroner
0,679983 Pound sterling