24.2.95fENl OfficialJournaloftheEuropean Communities NoL42/23
COMMISSION REGULATION (EC)No382/95
of23February 1995
fixingtheagricultural conversion rates
days,exceedssixpoints,therepresentative marketrates
aretobeadjustedonthebasisofthethreequotationdays
inquestion ;
Whereas ,asaconsequence oftheexchangeratesrecorded
duringthereferenceperiod21to23February1995,itis
necessarytofixanewagricultural conversion rateforthe
Italianlirs;
WhereasArticle15(2)ofRegulation (EEC)No1068/93
providesthatanagricultural conversion ratefixedin
advanceistobeadjustedifthegapbetweenthatrateand
theagricultural conversion rateinforceatthetimeofthe
operativeeventapplicable fortheamountconcerned
exceedsfourpoints;whereas,inthatevent,theagricul­
turalconversion ratefixedinadvanceisbroughtmore
closelyintolinewiththerateinforce,uptothelevelofa
gapoffourpointswiththatrate;whereastheratewhich
replacestheagricultural conversion ratefixedinadvance
shouldbespecified,
HASADOPTED THISREGULATION :THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Community ,
HavingregardtoCouncilRegulation (EEC)No3813/92
of28December 1992ontheunitofaccountandthe
conversion ratestobeappliedforthepurposesofthe
commonagricultural policy('),aslastamendedbyRegu­
lation(EC)No150/95(2),andinparticularArticle3(1)
thereof,
HavingregardtoCommission Regulation (EC)No158/95
of31January1995layingdowntransitional measuresfor
theabolitionofthecorrecting factorapplicable tothe
conversion ratesusedintheagricultural sector(3),andin
particularArticle2(2)thereof,
Whereastheagricultural conversion rateswerefixedby
Commission Regulation (EC)No345/95(4);
WhereasArticle4ofRegulation (EEC)No3813/92
providesthat,subjecttoconfirmation periodsbeingtrig­
gered,theagricultural conversion rateforacurrencyisto
beadjustedwherethemonetarygapbetweenitandthe
representative marketrateexceedscertainlevels;
Whereasthepositivemonetary gaprecordedforthe
Belgianfrancduringthereferenceperiodfrom21to23
February 1995isgreaterthanfivepoints;whereas
applyingArticle4(1),(2)and(3)ofRegulation (EEC)No
3813/92wouldresultinaconsiderable reduction inthe
agricultural conversion rateforthecurrencyinquestion ;
whereas,therefore,Article4(5)ofRegulation (EEC)No
3813/92appliesinthecaseoftheBelgianfranc;
Whereastherepresentative marketratesaredetermined
onthebasisofbasicreferenceperiodsor,whereappli­
cable,confirmation periods,established inaccordance
withArticle2ofCommission Regulation (EEC)No
1068/93of30April1993ondetailedrulesfordeter­
miningandapplyingtheagricultural conversion rates(*),
aslastamended byRegulation (EC)No157/95(*);
whereasparagraph 2ofthatArticleprovidesthat,incases
wheretheabsolute valueofthedifference betweenthe
monetarygapsintwoMemberStates,calculated fromthe
averageoftheecuratesforthreeconsecutive quotationArticle 1
Theagricultural conversion ratesarefixedinAnnexI
hereto.
Article2
1.InthecasereferredtoinArticle15(3)ofRegulation
(EEC)No1068/93,theagricultural conversion ratefixed
inadvanceshallbereplacedbytheecurateforthe
currencyconcerned ,showninAnnexII:
—TableA,wherethelatterrateishigherthantherate
fixedinadvance,
—TableB,wherethelatterrateislowerthantherate
fixedinadvance .
2.However,inthecaseofagricultural conversion rates
fixedinadvancebefore1February1995,theecurates
listedinAnnexIIshallbereplacedbythosesetoutin
AnnexIII.
Article3
Regulation (EC)No345/95isherebyrepealed .
Article4
ThisRegulation shallenterintoforceon24February
1995.(')OJNoL387,31.12.1992,p.1.0OJNoL22,31.1.1995,p.1.0OJNoL24,1.2.1995,p.4.
(4)OJNoL39,21.2.1995,p.15.
OOJNoL108,1.5.1993,p.106,
(6)OJNoL24,1.2.1995,p.1.

NoL42/24 EN OfficialJournaloftheEuropeanCommunities 24.2.95
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,23February1995.
FortheCommission
FranzFISCHLER
MemberoftheCommission
ANNEXI
Agricultural conversion rates
ECU1=40,8337
7,74166
1,94962
296,492
198,202
6,61023
5,88000
2,19672
0,809785
2054,24
13,7190
164,452
9,32044
0,805837Belgianand
Luxembourg francs
Danishkroner
German marks
Greekdrachmas
Portuguese escudos
Frenchfrancs
Finnishmarks
Dutchguilders
Irishpunt
Italianlire
Austrianschillings
Spanishpesetas
Swedishkroner
Poundsterling
ANNEXII
Agricultural conversion ratesfixedinadvanceandadjusted
TableA TableB
ECU1«39,2632 Belgianand ECU1=42,5351 Belgianand
Luxembourg francs Luxembourg francs
7,44390 Danishkroner 8,06423 Danishkroner
1,87463 Germanmarks 2,03085 German marks
285,088 Greekdrachmas 308,846 Greekdrachmas
190,579 Portuguese escudos 206,460 Portuguese escudos
6,35599 Frenchfrancs 6,88566 Frenchfrancs
5,65385 Finnishmarks 6,12500 Finnishmarks
2,11223 Dutchguilders 2,28825 Dutchguilders
0,778639 Irishpunt 0,843526 Irishpunt
1975,23 Italianlire 2139,83 Italianlire
13,1913 Austrianschillings 14,2906 Austrianschillings
158,127 Spanishpesetas 171,304 Spanishpesetas
8,96196 Swedishkroner 9,70879 Swedishkroner
0,774843 Poundsterling 0,839414 Poundsterling

24.2.95 IEN1 OfficialJournaloftheEuropeanCommunities NoLAH25
ANNEXIII
Agricultural conversion ratesfixedinadvanceandadjustedwheretheywerefixedinadvance
before1February 1995
TableA TableB
ECU1=47,4107 Belgianand ECU1=51,3615 Belgianand
Luxembourg francs Luxembourg francs
8,98858 Danishkroner 9,73763 Danishkroner
2,26363 German marks 2,45227 German marks
344,246 Greekdrachmas 372,934 Greekdrachmas
230,126 Portuguese escudos 249,302 Portuguese escudos
7,67492 Frenchfrancs 8,31450 Frenchfrancs
6,82707 Finnishmarks 7,39599 Finnishmarks
2,55054 Dutchguilders 2,76308 Dutchguilders
0,940214 Irishpunt 1,01857 Irishpunt
2385,11Italianlire 2583,86 Italianlire
15,9286 Austrianschillings 17,2560 Austrianschillings
190,940 Spanishpesetas 206,851 Spanishpesetas
10,8216 Swedishkroner 11,7235 Swedish kroner
0,935630 Poundsterling 1,01360 Poundsterling