NoL255/44 OfficialJournaloftheEuropeanCommunities 1.9.92
COMMISSION REGULATION (EEC)No2503/92
of28August1992
fixingtherepresentativemarketratestobeappliedforcertainamountsinthecontextof
thecommonagriculturalpolicyand,inparticular,forthecalculationofthemonetary
compensatory amounts
MemberState;whereas,pursuanttoArticle6aofRegu­
lation(EEC)No1677/85andwithoutprejudiceto
Article7(2)ofCommissionRegulation(EEC)No
3578/88of17November1988layingdowndetailed
rulesfortheapplicationofthesystemfortheautomatic
dismantlement ofnegativemonetarycompensatory
amounts('),aslastamendedbyRegulation(EEC)No
3137/91(l0),thoseratesaretobetheagricultural
conversionratesapplyingtopigmeat;whereas,pursuant
toArticle2(4)ofCouncilRegulation(EEC)No
1676/85("),aslastamendedbyRegulation(EEC)No
2205/90,thoseratesarealsotobeusedforthe
conversionofcertainotheragriculturalamounts;
whereastheratesinquestionshouldbefixedtomakeit
easiertousethem;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeopinionoftheManagement
CommitteeforWine,
HASADOPTEDTHISREGULATION :
Article1
TherepresentativemarketratesreferredtoinArticle3a
ofRegulation(EEC)No3152/85,tobeappliedfor
certainamountsinthecontextofthecommonagri­
culturalpolicyandusedtofixor,whereappropriate,to
adjustthemonetarycompensatory amounts,aresetout
intheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon1September
1992.THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulation(EEC)No
1677/85of11June1985onmonetarycompensatory
amountsinagriculture(*),aslastamendedbyRegu­
lation(EEC)No2205/90(*),andinparticular
Article9(1)thereof,
Whereasthemonetarycompensatory amounts
introducedbyRegulation(EEC)No1677/85werefixed
byCommissionRegulation(EEC)No1641/91(J),as
lastamendedbyRegulation(EEC)No2502/92(4),on
thebasisofthecentralratesand,forcertainMember
States,onthebasisoftheexchangeratesreferredtoin
Article3ofCommissionRegulation(EEC)No3153/85
of11November1985layingdowndetailedrulesforthe
calculationofmonetarycompensatory amounts(s),as
lastamendedbyRegulation(EEC)No3672/89(6);
Whereas,inaccordancewithArticle3aofCommission
Regulation(EEC)No3152/85of11November1985
layingdowndetailedrulesfortheapplicationofRegu­
lation(EEC)No1676/85onthevalueoftheunitof
accountandtheconversionratestobeappliedforthe
purposesofthecommonagriculturalpolicy(7),aslast
amendedbyRegulation(EEC)No3237/90(*),the
ratesusedtofixor,whereappropriate,adjustthe
monetarycompensatory amounts,fromthistimeforth
definedasrepresentativemarketrates,aretobeusedfor
theconversioninto"ecusoftheamountsrelatingtoworld
marketdataandexpressedinthenationalcurrencyofa
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,28August1992.
^ FortheCommission
RayMACSHARRY
MemberoftheCommission
>)OJNoL164,24.6.1985,p.6.
*)OJNoL201,31.7.1990,p.9.
J)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.OOJNoL312,18.11.1988,p.16.
HOJNoL297,29.10.1991,p.17.
(")OJNoL164,24.6.1985,p.1.

1.9.92 OfficialJournaloftheEuropeanCommunities NoL255/45
ANNEX
Representativemarketratestobeappliedforcertainamountsinthecontextofthecommonagricul­turalpolicyand,inparticular,torthecalculationofthemonetarycompensatoryamounts
100Lit 1£ 1£Irl 1ECU
Bfrs/Lfrs 2,75661 58,8580 55,2545 48,5563
Dkr 0,509801 10,8851 10,2186 8,97989
DM 0,133650 2,85364 2,67893 2,35418
FF 0,448246 9,57077 8,98480 7,89563
F1 0,150590 3,21533 3,01847 2,65256
£Irl 0,0498894 1,06522— 0,878776
£ 0,0468349— 0,938775 0,824973
Lit — 2135,16 2004,44 1761,45
Dr 16,3666 349,453 328,057 288,289
Esc 11,5483 246,575 231,479 203,418
Pta 8,47660 180,989 169,908 149,311