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COUNCIL REGULATION (EEC) No 1051/82

of 4 May 1982

amending Regulation (EEC) No 878/77 on the exchange rates to be applied in agriculture

THE COUNCIL OF THE EUROPEAN

COMMUNITIES,

Having regard to the Treaty establishing the European Economic Community,

Having regard to Council Regulation No 129 on the value of the unit of account and the exchange rates to be applied for the purposes of the common agricultural policy (1), as last amended by Regulation (EEC) No 2543/73 (2), and in particular Article 3 thereof,

Having regard to the proposal from the Commission,

Having regard to the opinion of the European Parliament (3),

Whereas the representative rates currently applicable were fixed by Regulation (EEC) No 878/77 (4), as last amended by Regulation (EEC) No 794/82 (5); whereas new representative rates closer to present economic circumstances should be fixed for the Belgian/Luxembourg franc, the Danish krone, the French franc, the Greek drachma and the Italian lira;

Whereas the rates must be adjusted with regard to the effects on, in particular, prices and the situation in the Member States concerned; whereas, for that reason, among others, provision should be made for the new rates to enter into effect within a reasonable period, normally linked to the beginning of the marketing year or a change in prices, although immediate entry into force in some cases should not be ruled out;

Whereas, in order to avoid differing treatment of interdependent products, provision should be made for the new rates to apply in the cereals and the eggs and poultrymeat, ovalbumin and lactalbumin sectors with effect from the same date;

Whereas the Monetary Committee will be consulted; whereas, as this is an urgent matter, the measures envisaged should be adopted in accordance with the conditions laid down in Article 3 (2) of Regulation No 129,

HAS ADOPTED THIS REGULATION:

Article 1

Annexes I, II, IV, V and VII to Regulation (EEC) No 878/77 shall be replaced by the Annexes listed in the Annex hereto.

Article 2

This Regulation shall enter into force on 6 May 1982.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 4 May 1982.

For the Council

The President

M. EYSKENS

(1) OJ No 106, 30. 10. 1962, p. 2553/62.

(2) OJ No L 263, 19. 9. 1973, p. 1.

(3) OJ No C 104, 26. 4. 1982, p. 10.

(4) OJ No L 106, 29. 4. 1977, p. 27.

(5) OJ No L 91, 5. 4. 1982, p. 7.

ANNEX

'ANNEX I

BELGIUM/LUXEMBOURG

1 ECU = 42;9772 Belgian francs/Luxembourg francs.

This rate shall apply from 6 May 1982.'

'ANNEX II

DENMARK

1 ECU = 8;18382 Danish kroner.

This rate shall apply from 6 May 1982.'

'ANNEX IV

FRANCE

1 ECU = 6;19564 French francs.

This rate shall apply from 6 May 1982.'

'ANNEX V

GREECE

1 ECU = 63;7637 Greek drachmas.

This rate shall apply from 6 May 1982.'

'ANNEX VII

ITALY

1. 1 ECU = 1 289;00 Italian lire.

This rate shall apply from:

- 17 May 1982 for the milk and milk products sector;

- 17 May 1982 for the beef and veal sector;

- 17 May 1982 for the sheepmeat and goatmeat sector;

- 1 July 1982 for the sugar and isoglucose sector;

- 1 July 1982 for the seeds sector;

- 1 August 1982 for the cereals, eggs and poultrymeat, ovalbumin and lactalbumin sectors;

- 1 November 1982 for the pigmeat sector;

- 6 May 1982 for the wine sector; other dates may, however, be fixed for distillation operations and for the aids specified in Articles 14 and 14a of Regulation (EEC) No 337/79;

- 1 January 1983 for the fishery products sector;

- the beginning of the 1982/83 marketing year for other products for which the marketing year has not started by 1 April 1982;

- 6 May 1982 in all other cases.

2. Until the dates given in point 1, the following rate shall apply:

- 1 ECU = 1 258;00 Italian lire in all cases where this rate entered into force before 6 May 1982, pursuant to Regulation (EEC) No 3398/81, in particular the milk and milk products, beef and veal, pigmeat, olive oil, wine and fisheries sectors;

- 1 ECU = 1 227;00 Italian lire for the remaining sectors.'