20.5.91 OfficialJournaloftheEuropeanCommunities NoL125/49
COMMISSION REGULATION (EEC)No1281/91
of16May1991
fixingtherepresentativemarketratestobeappliedforcertainamountsinthecontextof
thecommonagriculturalpolicyand,inparticular,forthecalculationofthemonetary
compensatory amounts
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtoCouncilRegulation(EEC)No
1677/85of11June1985onmonetarycompensatory
amountsinagriculture('),aslastamendedbyRegulation
(EEC)No2205/90(2),andinparticularArticle9(2)
thereof,
HavingregardtoCommissionRegulation(EEC)No
3578/88of17November1988layingdowndetailed
rulesfortheapplicationofthesystemfortheautomatic
dismantlement ofnegativemonetarycompensatory
amounts('),aslastamendedbyRegulation(EEC)No
287/91(4),andinparticularArticle7thereof,
Whereasthemonetarycompensatory amounts
introducedbyRegulation(EEC)No1677/85werefixed
byCommissionRegulation(EEC)No1207/90(*),as
lastamendedbyRegulation(EEC)No1280/91('),on
thebasisofthecentralratesand,forcertainMember
States,onthebasisoftheexchangeratesreferredtoin
Article3ofCommissionRegulation(EEC)No3153/85
of11November1985layingdowndetailedrulesforthe
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(10),the
ratesusedtofixor,whereappropriate,adjustthe
monetarycompensatoryamounts,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,shallbeset
outintheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon20May1991.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,16May1991.
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.
(5)OJNoL122,14.5.1990,p.1.
(')Seepage1ofthisOfficialJournal.
(')OJNoL310,21.11.1985,p.4.
(•)OJNoL358,8.12.1989,p.28.OOJNoL310,21.11.1985,p.1.
C°)OJNoL310,9.11.1990,p.18.
OOJNoL164,24.6.1985,p.1.

NoL125/50 OfficialJournaloftheEuropeanCommunities 20.5.91
ANNEX
Representativemarketratestobeappliedforcertainamountsinthecontextofthecommonagricul­
turalpolicyand,inparticular,forthecalculationofthemonetarycompensatoryamounts
100lit 1£ 1£Irl 1ECU
Bfrs/Lfrs 2,75661 61,1554 55,2545 48,5563
Dkr 0,509801 11,3099 10,2186 8,97989
DM 0,133650 2,96503 2,67893 2,35418
FF 0,448246 9,94434 8,98480 7,89563
F1 0,150590 3,34083 3,01847 2,65256
£Irl 0,0498894 1,10680— 0,878776
£ 0,0450755— 0,903509 0,793982
Lit — 2218,50 2004,44 1761,45
Dr 14,6411 324,812 293,471 257,895
Esc 11,6489 258,432 233,495 205,190
Pta 8,27477 183,576 165,863 145,756