NoL139/38 OfficialJournaloftheEuropeanCommunities 3.6.91
COMMISSION REGULATION (EEC)No1427/91
of30May1991
fixingtherepresentativemarketratestobeappliedforcertainamountsinthecontextof
thecommonagriculturalpolicyand,inparticular,forthecalculationofthemonetary
compensatory amounts
layingdowndetailedrulesfortheapplicationofRegu­
lation(EEC)No1676/85onthevalueoftheunitof
accountandtheconversionratestobeappliedforthe
purposesofthecommonagriculturalpolicy(9),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
adjustthemonetarycompensatory ,amounts,aresetout
intheAnnexhereto.
Article2
ThisRegulationshallenterintoforceon3June1991.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(3),aslastamendedbyRegulation(EEC)No
287/91(4),andinparticularArticle7thereof,
Whereasthemonetarycompensatory amounts
introducedbyRegulation(EEC)No1677/85werefixed
byCommissionRegulation(EEC)No1207/90(5),as
lastamendedbyRegulation(EEC)No1426/91(6),on
thebasisofthecentralratesand,forcertainMember
States,onthebasisoftheexchangeratesreferredtoin
Article3ofCommissionRegulation(EEC)No3153/85
of11November1985layingdowndetailedrulesforthe
calculationofmonetarycompensatory amounts(7),as
lastamendedbyRegulation(EEC)No3672/89(8);
Whereas,inaccordancewithArticle3aofCommission
Regulation(EEC)No3152/85of11November1985
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30May1991.
FortheCommission
RayMACSHARRY
MemberoftheCommission
')OJNoL164,24.6.1985,p.6.
J)OJNoL201,31.7.1990,p.9.
5)OJNoL312,18.11.1988,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.
(10)OJNoL310,9.11.1990,p.18.
(")OJNoL164,24.6.1985,p.1.

3.6.91 OfficialJournaloftheEuropeanCommunities NoL139/39
ANNEX
Representativemarketratestobeappliedforcertainamountsinthecontextofthecommonagricul­
turalpolicyand,inparticular,torthecalculationofthemonetarycompensatoryamounts
I100Lit 1£ 1£Irl 1ECU
Bfrs/Lfrs 2,75661 61,0997 55,2545 48,5563
Dkr 0,509801 11,2996 10,2186 8,97989
DM 0,133650 2,96233 2,67893 2,35418 •
FF 0,448246 9,93528 8,98480 7,89563
F1 0,150590 3,33779 3,01847 2,65256
£Irl 0,0498894 1,10579— 0,878776
£ 0,0451166— 0,904333 0,794706
Lit — 2216,48 2004,44 1761,45
Dr 14,6411 324,516 293,471 257,895
Esc 11,6489 258,196 233,495 205,190
Pta 8,27477 183,409 165,863 145,756