24.6.91 OfficialJournaloftheEuropeanCommunities NoL159/51
COMMISSION REGULATION (EEC)No1701/91
of20June1991
fixingtherepresentativemarketratestobeappliedforcertainamountsinthecontextof
thecommonagriculturalpolicyand,inparticular,forthecalculationofthemonetary
compensatory amounts
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulation(EEC)No
1677/85of11June1985onmonetarycompensatory
amountsinagriculture(*),aslastamendedbyRegulation
(EEC)No2205/90(*),andinparticularArticle9(2)
thereof,
HavingregardtoCommissionRegulation(EEC)No
3578/88of17November1988layingdowndetailed
rulesfortheapplicationofthesystemfortheautomatic
dismantlement ofnegativemonetarycompensatory
amounts(J),aslastamendedbyRegulation(EEC)No
287/91(4),andinparticularArticle7thereof,
Whereasthemonetarycompensatory amounts
introducedbyRegulation(EEC)No1677/85werefixed
byCommissionRegulation(EEC)No1641/91(*),as
amendedbyRegulation(EEC)No1700/91(*),onthe
basisofthecentralratesand,forcertainMemberStates,
onthebasisoftheexchangeratesreferredtoinArticle3
ofCommissionRegulation(EEC)No3153/85of
11November1985layingdowndetailedrulesforthe
calculationofmonetarycompensatory amounts(7),as
lastamendedbyRegulation(EEC)No3672/89(*);
Whereas,inaccordancewithArticle3aofCommission
Regulation(EEC)No3152/85of11November1985layingdowndetailedrulesfortheapplicationofRegu­
lation(EEC)No1676/85onthevalueoftheunitof
accountandtheconversionratestobeappliedforthe
purposesofthecommonagriculturalpolicy('),aslast
amendedbyRegulation(EEC)No3237/90(1C),the
ratesusedtofixor,whereappropriate,adjustthe
monetarycompensatory amounts,fromthistimeforth
definedasrepresentativemarketrates,aretobeusedfor
theconversionintoecusoftheamountsrelatingtoworld
marketdataandexpressedinthenationalcurrencyofa
MemberState;whereas,pursuanttoArticle2(4)of
CouncilRegulation(EEC)No1676/85("),aslast
amendedbyRegulation(EEC)No2205/90,thoserates
arealsotobeusedfortheconversionofcertainother
agriculturalamounts;whereastheratesinquestion
shouldbefixedtomakeiteasiertousethem,
HASADOPTEDTHISREGULATION :
Article1
TherepresentativemarketratesreferredtoinArticle3a
ofRegulation(EEC)No3152/85,tobeappliedfor
certainamountsinthecontextofthecommonagri­
culturalpolicyandusedtofixor,whereappropriate,to
adjustthemonetarycompensatoryamounts,aresetout
intheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon24June1991.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,20June1991.
FortheCommission
RayMACSHARRY
MemberoftheCommission
oOJNoL164,24.6.1985,p.6.
OOJNoL201,31.7.1990,p.9.
OOJNoL312,18.11.1988,p.16.
(4)OJNoL35,7.2.1991,p.10.
OOJNoL153,17.6.1991,p.1.
(6)Seepage1ofthisOfficialJournal.
OOJNoL310,21.11.1985,p.4.
(•)OJNoL358,8.12.1989,p.28.OOJNoL310,21.11.1985,p.1.
(")OJNoL310,9.11.1990,p.18.
(")OJNoL164,24.6.1985,p.1.

NoL159/52 OfficialJournaloftheEuropeanCommunities 24.6.91
ANNEX
Representativemarketratestobeappliedforcertainamountsinthecontextofthecommonagricul­
turalpolicyand,inparticular,forthecalculationofthemonetarycompensatoryamounts
I100Lit 1£ 1£Irl 1ECU
Bfrs/Lfrs
Dkr
DM
FF
F1
£Irl
£
Lit
Dr
Esc2,75661
0,509801
0,133650
0,448246
0,150590
0,0498894
0,0455120
14,5449
11,803160,5689
11,2015
2,93659
9,84897
3,30879
1,09618
2197,22
319,584
259,34155,2545
10,2186
2,67893
8,98480
3,01847
0,912259
2004,44
291,543
236,58648,5563
8,97989
2,35418
7,89563
2,65256
0,878776
0,801671
1761,45
256,201
207,906
Pta 8,27511 181,823 165,869 145,762