21.1.95 OfficialJournaloftheEuropean Communities NoL15/5
COMMISSION REGULATION (EC)No92/95
of20January1995
fixingtheagricultural conversion rates
advanceshallbeadjustedifthegapbetweenthatrateand
theagricultural conversion rateinforceatthetimeofthe
operativeeventapplicable forthecurrencyconcerned
exceedsfourpoints;whereas,inthatevent,theagricul­
turalconversion ratefixedinadvanceisbroughtmore
closelyintolinewiththerateinforce,uptothelevelofa
gapoffourpointswiththatrate;whereastheratewhich
replacestheagricultural conversion ratefixedinadvance
shouldbespecified ,
HASADOPTED THISREGULATION :
Article 1
Theagricultural conversion ratesarefixedinAnnexI
hereto.
Article 2
InthecasereferredtoinArticle15(3)ofRegulation
(EEC)No1068/93,theagricultural conversion ratefixed
inadvanceshallbereplacedbytheecurateforthe
currencyconcerned ,showninAnnexII:
—TableA,wherethelatterrateishigherthantherate
fixedinadvance,
or
—TableB,wherethelatterrateislowerthantherate
fixedinadvance .
Article3
Regulation (EC)No47/95isherebyrepealed .
Article4
ThisRegulation shallenterintoforceon21January
1995.THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Community ,
HavingregardtoCouncilRegulation (EEC)No3813/92
of28December 1992ontheunitofaccountandthe
conversion ratestobeappliedforthepurposesofthe
commonagricultural policy('),aslastamendedbyRegu­
lation(EC)No3528/93(2),andinparticularArticle3(1)
thereof,
Whereastheagricultural conversion rateswerefixedby
Commission Regulation (EC)No47/95(3);
WhereasArticle4ofRegulation (EEC)No3813/92
providesthattheagricultural conversion rateforafloating
currency istobeadjustedwherethemonetary gap
betweenitandtherepresentative marketrateexceeds
certainlevels;whereas,notwithstanding thatArticle4,
Article4aofthatRegulation appliesuntil31December
1994;whereasCouncilRegulation (EC)No3311/94(4)
extendstheseprovisions until31January1995;
Whereastherepresentative marketratesaredetermined
onthebasisofreferenceperiodsestablished inaccord­
ancewithCommission Regulation (EEC)No1068/93of
30April1993ondetailedrulesfordetermining and
applyingtheagricultural conversion rates(*),asamended
byRegulation (EC)No547/94(6);
Whereas ,asaconsequence oftheexchangeratesrecorded
duringthereferenceperiod11to20January1995,itis
necessary oftheoneparttofixthelimitsreferredtoin
paragraphs 1and3ofArticle4aofRegulation (EEC)
No3813/92at+4,126and—0,874andoftheother
parttofixanewagricultural conversion rateforthe
Italianlira,theFinnishmarkandtheSwedishkrone;
WhereasArticle15(3)ofRegulation (EEC)No1068/93
providesthatanagricultural conversion ratefixedin
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,20January1995.
FortheCommission
ReneSTEICHEN
MemberoftheCommission
(')OJNoL387,31.12.1992,p.1.
(2)OJNoL320,22.12.1993,p.32.
(<)OJNoL9,13.1.1995,p.19.
(4)OJNoL350,31.12.1994,p.1.
0OJNoL108,1.5.1993,p.106.
(6)OJNoL69,12.3.1994,p.1.

NoL15/6 OfficialJournaloftheEuropeanCommunities 21.1.95
ANNEXI
Agricultural conversion rates
ECU1=49,3070 Belgianand
Luxembourg francs
9,34812Danishkroner
2,35418 Germanmarks
354,617 Greekdrachmas
239,331 Portuguese escudos
7,98191 Frenchfrancs
7,05174 Finnishmarks
2,65256 Dutchguilders
0,976426 Irishpunt
2406,19 Italianlire
16,5658 Austrianschillings
198,007 Spanishpesetas
11,1475 Swedishkroner
0,953575 Poundsterling
ANNEXII
Agricultural conversion ratesfixedinadvanceandadjusted
TableA TableB
ECU1=47,4106 Belgianand ECU1=51,3615 Belgianand
Luxembourg francs Luxembourg francs
8,98858 Danishkroner 9,73763 Danishkroner
2,26363 Germanmarks 2,45227 Germanmarks
340,978 Greekdrachmas 369,393 Greekdrachmas
230,126 Portuguese escudos 249,303 Portuguese escudos
7,67491 Frenchfrancs 8,31449 Frenchfrancs
6,78052 Finnishmarks 7,34556 Finnishmarks
2,55054 Dutchguilders 2,76308 Dutchguilders
0,938871 Irishpunt 1,01711 Irishpunt
2313,64 Italianlire -2506,45 Italianlire
15,9287 Austrianschillings 17,2560 Austrianschillings
190,391 Spanishpesetas 206,257 Spanishpesetas
10,7188 Swedishkroner 11,6120 Swedishkroner
0,916899 Poundsterling 0,993307 Poundsterling