12.10.92 OfficialJournaloftheEuropeanCommunities NoL295/49
COMMISSION REGULATION (EEC)No2929/92
/ of8October 1992
fixingtherepresentative marketratestobeappliedforcertainamountsinthecontextof
thecommonagricultural policyand,inparticular,forthecalculation ofthemonetary
compensatory amountsandtheagricultural conversion ratesforthepigmeatsectorin
ItalyandtheUnitedKingdom
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ,MemberState;whereas,pursuanttoArticle6aofRegu­
lation(EEC)No1677/85andwithoutprejudiceto
Article7(2)ofCommission Regulation (EEC)No
3578/88of17November 1988layingdowndetailed
rulesfortheapplication ofthesystemfortheautomatic
dismantlement ofnegativemonetary compensatory
amounts('),aslastamendedbyRegulation (EEC)No
3137/91(10),thoseratesaretobetheagricultural
conversion ratesapplyingtopigmeat;whereas,pursuant
toArticle2(4)ofCouncilRegulation (EEC)No
1676/85(u),aslastamendedbyRegulation (EEC)No
2205/90,thoseratesarealsotobeusedforthe
conversion ofcertainotheragricultural amounts;
whereastheratesinquestionshouldbefixedtomakeit
easiertousethem,HavingregardtoCouncilRegulation (EEC)No
1677/85of11June1985onmonetarycompensatory
amountsinagriculture (*),aslastamendedbyRegu­
lation(EEC)No2205/90(2),andinparticular
Article9(2)thereof,
HASADOPTED THISREGULATION :
Whereas themonetary compensatory amounts
introduced byRegulation (EEC)No1677/85werefixed
byCommission Regulation (EEC)No1641/91(J),as
lastamendedbyRegulation (EEC)No2928/92(4),on
thebasisofthecentralratesand,forcertainMember
States,onthebasisoftheexchangeratesreferredtoin
Article3ofCommission Regulation (EEC)No3153/85
of11November 1985layingdowndetailedrulesforthe
calculation ofmonetarycompensatory amounts('),as
lastamendedbyRegulation (EEC)No3672/89(6);Article1
Therepresentative marketratesreferredtoinArticle3a
ofRegulation (EEC)No3152/85,tobeappliedfor
certainamountsinthecontextofthecommonagri­
culturalpolicyandusedtofixor,whereappropriate ,to
adjustthemonetarycompensatory amounts,aresetout
intheAnnexhereto.
Article2
Theagricultural conversion ratesforthepigmeatsector
isfixed:
—inItalyatECU1=1931,48Italianlira,
—intheUnitedKingdomatECU1=0,874575pound
sterling.Whereas,inaccordance withArticle3aofCommission
Regulation (EEC)No3152/85of11November 1985
layingdowndetailedrulesfortheapplication ofRegu­
lation(EEC)No1676/85onthevalueoftheunitof
accountandtheconversion ratestobeappliedforthe
purposesofthecommonagricultural policy(7)>aslast
amendedbyRegulation (EEC)No3237/90('),the
ratesusedtofixor,whereappropriate ,adjustthe
monetarycompensatory amounts,fromthistimeforth
definedasrepresentative marketrates,aretobeusedfor
theconversion intoecusoftheamountsrelatingtoworld
marketdataandexpressedinthenationalcurrencyofa
Article3
ThisRegulation shallenterintoforceon12October
1992.')OJNoL164,24.6.1985,p.6.
2)OJNoL201,31.7.1990,p.9.
3)OJNoL153,17.6.1991,p.1.
4)Seepage1ofthisOfficialJournal .
s)OJNoL310,21.11.1985,p.4.
4)OJNoL358,8.12.1989,p.28.
')OJNoL310,21.11.1985,p.1.
»)OJNoL310,9.11.1990,p.18.OOJNoL312,18.11.1988,p.16.
HOJNoL297,29.10.1991,p.17.
(")OJNoL164,24.6.1985,p.1.

NoL295/50 OfficialJournaloftheEuropeanCommunities 12.10.92
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels,8October1992.
FortheCommission
RayMACSHARRY
MemberoftheCommission

NoL295/51 12.10.92 OfficialJournaloftheEuropeanCommunities
ANNEX
Conversion ratesusedforthecalculation ofmonetarycompensatory amountsandtobeappliedfor
certainamountsintheagricultural sector
100Lit 1£ 1£Irl 1ECU
Bfrs/Lfrs 2,38384 52,4150 55,2545 48,5563
Dkr 0,440863 9,69351 10,2186 8,97989
DM 0,115577 2,54126 2,67893 2,35418
FF 0,387632 8,52308 8,98480 7,89563
F1 0,130226 2,86335 3,01847 2,65256
£Irl 0,0431430 0,948611 — 0,878776
£ 0,0454802 — 1,05417 0,926382
Lit — 2198,76 2317,87 2036,89
Dr 14,4068 316,771 333,932 293,451
Esc 10,0275 220,481 232,426 204,250
Pta 7,81333 171,796 181,103 159,149