Commission Regulation (EC) No 1546/1999 of 14 July 1999 fixing, for the 1998/1999 marketing year, the specific exchange rate applicable to the minimum sugarbeet prices and the production levy and additional levy in the sugar sector
Date: 1999-07-14
Institutions: European Commission
Subjects: exchange rate, marketing, minimum price, sugar beet, sugar levy

15. 7. 1999

EN

Official Journal of the European Communities

L 180/33

COMMISSION REGULATION (EC) No 1546/1999

of 14 July 1999

fixing, for the 1998/1999 marketing year, the specific exchange rate applicable to the minimum
sugarbeet prices and the production levy and additional levy in the sugar sector

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

Having regard to Commission Regulation (EEC) No 1713/93 of
30 June 1993 establishing special detailed rules for applying
the agricultural conversion rate in the sugar sector (1), as last
amended by Regulation (EC) No 624/1999 (2), and in particular
Article 1(3) thereof,

(1) Whereas Article 1(1) of Regulation (EEC) No 1713/93
specifies that the minimum sugarbeet prices referred to
in Article 5 of Council Regulation (EEC) No 1785/81 of
30 June 1981 on the common organisation of
the
market in the sugar sector (3), as last amended by Regu-
lation (EC) No 1148/98 (4), and the production levy and
additional levy referred to, respectively, in Articles 28
that Regulation are to be
and 28a respectively of
converted into national
currency using a specific
exchange rate equal to the average, calculated pro rata
temporis, of the exchange rates applicable during the
specific
marketing year
exchange rate must be fixed during the month following
the end of the marketing year in question;

in question; whereas

that

to be set for the 1998/1999 marketing year, for the
period 1 January 1999 to 30 June 1999 for the non-
participating Member States, should be the exchange
rate;

(3) Whereas the application of these provisions results in
the setting, for the 1998/1999 marketing year, of the
specific exchange rate for the minimum sugarbeet prices
as well as the production levy and, where appropriate,
additional levy in the various national currencies, as set
out in the Annex to this Regulation,

HAS ADOPTED THIS REGULATION:

Article 1

The specific exchange rate to be used for conversion of the
minimum sugarbeet prices referred to in Article 5 of Regula-
tion (EEC) No 1785/81 and the production levy and, where
appropriate, the additional
in
Articles 28 and 28a respectively of that Regulation, into each
of the national currencies, shall be fixed, for the 1998/1999
marketing year, as set out in the Annex.

levy referred to, respectively,

(2) Whereas, from 1 January 1999, the system of specific
agricultural conversion rates has been amended by
Council Regulation (EC) No 2799/98 of 15 December
1998 establishing agrimonetary arrangements for the
euro (5); whereas, as a result, the specific exchange rate

Article 2

This Regulation shall enter into force on 15 July 1999.

It shall apply from 1 July 1998.

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

Done at Brussels, 14 July 1999.

For the Commission

Franz FISCHLER

Member of the Commission

(1) OJ L 159, 1.7.1993, p. 94.
(2) OJ L 78, 24.3.1999, p. 9.
(3) OJ L 177, 1.7.1981, p. 4.
(4) OJ L 159, 3.6.1998, p. 38.
(5) OJ L 349, 24.12.1998, p. 1.

L 180/34

EN

Official Journal of the European Communities

15. 7. 1999

to the Commission Regulation of 14 July 1999 fixing, for the 1998/1999 marketing year, the specific exchange
rate applicable to the minimum sugarbeet prices and the production levies and the additional levy in the sugar
sector

ANNEX

EUR 1 =

7,49890

331,775

9,01920
0,679983

Specific exchange

Danish kroner
Greek drachmas
Swedish kroner
Pound sterling