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COMMISSION REGULATION (EEC) No 1497/82

of 11 June 1982

fixing the special rates for converting the free-at-frontier reference prices of imported liqueur wines into national currency

THE COMMISSION OF THE EUROPEAN

COMMUNITIES,

Having regard to the Treaty establishing the European Economic Community,

Having regard to Council Regulation (EEC) No 337/79 of 5 February 1979 on the common organization of the market in wine (1), as last amended by Regulation (EEC) No 3577/81 (2),

Having regard to Council Regulation No 129 on the value of the unit of account and the exchange rates to be applied for the purposes of the common agricultural policy (3), as last amended by Regulation (EEC) No 2543/73 (4), and in particular Article 3 thereof,

Having regard to Commission Regulation (EEC) No 1393/76 of 17 June 1976 laying down detailed rules for the importation of products in the wine-growing sector originating in certain third countries (5), as last amended by Regulation (EEC) No 3104/80 (6), and in particular Article 1a (4) thereof,

Having regard to the opinion of the Monetary Committee,

Whereas, pursuant to Article 1a of Regulation (EEC) No 1393/76, special rates are used to convert the free-at-frontier prices for imported liqueur wines into national currency; whereas the special rates applicable at present were fixed by Commission Regulation (EEC) No 601/82 (7);

Whereas for the currencies of the Member States maintained at any given moment with a maximum spread of 2;25 % the special rate is the conversion rate resulting from the central rate; whereas, for the other currencies, the special rate for the period 1 July to 15 December 1982 is equal to the conversion rate in relation to all the currencies of the Member States, maintained at any given moment with a maximum spread of 2;25 %, resulting from the average rate taken into consideration for the purpose of calculating the monetary compensatory amounts valid on 1 June 1982;

Whereas application of these provisions makes it necessary to alter the special rates for the pound sterling, the Italian lira and the Greek drachma,

HAS ADOPTED THIS REGULATION:

Article 1

The special rate referred to in Article 1a of Regulation (EEC) No 1393/76 shall be:

(a) for the Belgian franc and the Luxembourg franc:

Bfrs/Lfrs 1 = 0;0223732 ECU;

(b) for the Danish krone:

Dkr 1 = 0;122192 ECU;

(c) for the German mark:

DM 1 = 0;413539 ECU;

(d) for the French franc:

FF 1 = 0;161404 ECU;

(e) for the pound sterling:

£ 1 = 1;73660 ECU;

(f) for the Irish pound:

£ Irl 1 = 1;45603 ECU;

(g) for the Italian lira:

Lit 100 = 0;0753976 ECU;

(h) for the Dutch guilder:

Fl 1 = 0;374117 ECU;

(i) for the Greek drachma:

Dr 1 = 0;0154179 ECU.

Article 2

Regulation (EEC) No 601/82 is hereby repealed.

Article 3

This Regulation shall enter into force on 1 July 1982.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 11 June 1982.

For the Commission

Poul DALSAGER

Member of the Commission

(1) OJ No L 54, 5. 3. 1979, p. 1.

(2) OJ No L 359, 15. 12. 1981, p. 1.

(3) OJ No 106, 30. 10. 1962, p. 2553/62.

(4) OJ No L 263, 19. 9. 1973, p. 1.

(5) OJ No L 157, 18. 6. 1976, p. 20.

(6) OJ No L 324, 29. 11. 1980, p. 63.

(7) OJ No L 73, 17. 3. 1982, p. 7.