23.3.91 OfficialJournaloftheEuropeanCommunities NoL77/27
COMMISSION REGULATION (EEC)No706/91
of21March1991
fixingtherepresentative marketratestobeapplidforcertainamountsinthe
contextofthecommonagriculturalpolicyand,inparticular,forthecalculation
ofthemonetarycompensatory amounts
accountandtheconversionratestobeappliedforthe
purposesofthecommonagriculturalpolicy(9),aslast
amendedbyRegulation(EEC)No3237/90(10),therates
usedtofixor,whereappropriate,adjustthemonetary
compensatory amounts,fromthistimeforthdefinedas
representativemarketrates,aretobeusedfortheconver­
sionintoecusoftheamountsrelatingtoworldmarket
dataandexpressedinthenationalcurrencyofaMember
State;whereas,pursuanttoArticle2(4)ofCouncilRegu­
lation(EEC)No1676/85(n),aslastamendedbyRegula­
tion(EEC)No2205/90,thoseratesarealsotobeusedfor
theconversionofcertainotheragriculturalamounts;
whereastheratesinquestionshouldbefixedtomakeit
easiertousethem,THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation(EEC)No1677/85
of11June1985onmonetarycompensatoryamountsin
agriculture('),aslastamendedbyRegulation(EEC)No
2205/90(2),andinparticularArticle9(2)thereof,
HavingregardtoCommissionRegulation (EEC)No
3578/88of17November1988layingdowndetailedrules
fortheapplicationofthesystemfortheautomatic
dismantlement ofnegativemonetarycompensatory
amounts(3),aslastamendedbyRegulation (EEC)No
287/91(4),andinparticularArticle7thereof,
"Whereasthemonetarycompensatoryamountsintroduced
byRegulation(EEC)No1677/85werefixedbyCommis­
sionRegulation(EEC)No1207/90(*),aslastamendedby
Regulation(EEC)No705/91(6),onthebasisofthe
centralratesand,forcertainMemberStates,onthebasis
oftheexchangeratesreferredtoinArticle3ofCommis­
sionRegulation(EEC)No3153/85of11November1985
layingdowndetailedrulesforthecalculationofmonetary
compensatoryamountsQ,aslastamendedbyRegulation
(EEC)No3672/89(8);
Whereas,inaccordancewithArticle3aofCommission
Regulation (EEC)No3152/85of11November1985
layingdowndetailedrulesfortheapplicationofRegula­
tion(EEC)No1676/85onthevalueoftheunitofHASADOPTEDTHISREGULATION :
Article1
TherepresentativemarketratesreferredtoinArticle3aof
Regulation(EEC)No3152/85,tobeappliedforcertain
amountsinthecontextofthecommonagriculturalpolicy
andusedtofixor,whereappropriate,toadjustthemone­
tarycompensatoryamounts,shallbesetoutintheAnnex
hereto.
Article2
ThisRegulationshallenterintoforceon25March1991.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,21March1991.
FortheCommission
RayMACSHARRY
MemberoftheCommission
(')OJNoL164,24.6.1985,p.6.
(2)OJNoL201,31.7.1990,p.9.
(3)OJNoL312,18.11.1988,p.16.
(4)OJNoL35,7.2.1991,p.10.
0OJNoL122,14.5.1990,p.1.
(6)Seepage25ofthisOfficialJournal.
0OJNoL310,21.11.1985,p.4.
OOJNoL358,8.12.1989,p.28.OOJNoL310,21.11.1985,p.1.
(10)OJNoL310,9.11.1990,p.18.
(")OJNoL164,24.6.1985,p.1.

NoL77/28 OfficialJournaloftheEuropeanCommunities 23.3.91
ANNEX
Representative marketratestobeappliedforcertainamountsinthecontextofthe
commonagriculturalpolicyand,inparticular,forthecalculationofthemonetary
compensatory amounts
100Lit 1£ 1£Irl 1ECU
Bfrs/Lfrs 2,75661 60,5688 55,2545 48,5563
Dkr 0,509801 11,2015 10,2186 8,97989
DM 0,133650 2,93659 2,67893 2,35418
FF 0,448246 9,84895 8,98480 7,89563
F1 0,150590 3,30878 3,01847 2,65256
£Irl 0,0498894 1,09618— 0,878776
£ 0,0455121— 0,912260 0,801672
Lit — 2197,22 2004,44 1761,45
Dr 14,3462 315,219 287,561 252,702
Esc 11,6126 255,154 232,767 -204,550
Pta 8,36209 183,733 167,613 147,294