Commission Regulation (EC) No 801/2000 of 17 April 2000 fixing the maximum amount of compensatory aid resulting from the exchange rates for the Danish krone, the Swedish krona and the pound sterling applicable on 1 and 2 January 2000
Date: 2000-04-17
Institutions: European Commission
Subjects: Denmark, Sweden, United Kingdom, exchange rate, monetary compensatory amount, national currency

L 96/34

EN

Official Journal of the European Communities

18.4.2000

COMMISSION REGULATION (EC) No 801/2000

of 17 April 2000

fixing the maximum amount of compensatory aid resulting from the exchange rates for the Danish
krone, the Swedish krona and the pound sterling applicable on 1 and 2 January 2000

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

Having regard to Council Regulation (EC) No 2799/98 of 15
December 1998 establishing agrimonetary arrangements for
the euro (1), and in particular Article 5 thereof,

Whereas:

(1)

(2)

(3)

Article 5(1) of Regulation (EC) No 2799/98 states that
compensatory payments may be made in cases where
the exchange rate applicable on the date of the operative
event is below that previously applicable. However, that
provision is not applicable to amounts to which a rate
lower than the new rate was applicable during the 24
months immediately before the new rate took effect.

The exchange rates for the Danish krone, the Swedish
krona and the pound sterling applicable on the operative
event dates of 1 and 2 January 2000 were lower than
those previously applicable.

The compensatory aid is to be paid under the conditions
laid down in Regulation (EC) No 2799/98 and in
Commission Regulation (EC) No 2808/98 of 22
December 1998 laying down detailed rules for the
application of the agrimonetary system for the euro in

(4)

(5)

agriculture (2), as last amended by Regulation (EC) No
1410/1999 (3).

The amounts of the compensatory aid are established in
accordance with Articles 5 and 9 of Regulation (EC) No
2799/98 and with Article 10 of Regulation (EC) No
2808/98.

The measures provided for in this Regulation are in
accordance with the opinions of
the Management
Committees concerned,

HAS ADOPTED THIS REGULATION:

Article 1

The maximum amounts of the first tranche of compensatory
aid which may be paid as a result of the reduction recorded on
the operative event dates of 1 and 2 January 2000 in the
exchanges rates for the Danish krone, the Swedish krona and
the pound sterling compared to the exchange rates previously
applicable are listed in the Annex to this Regulation.

Article 2

This Regulation shall enter into force on the seventh day
following its publication in the Official Journal of the European
Communities.

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

Done at Brussels, 17 April 2000.

For the Commission

Franz FISCHLER

Member of the Commission

(1) OJ L 349, 24.12.1998, p. 1.

(2) OJ L 349, 24.12.1998, p. 36.
(3) OJ L 164, 30.6.1999, p. 53.

18.4.2000

EN

Official Journal of the European Communities

L 96/35

MAXIMUM AMOUNTS OF THE FIRST TRANCHE OF COMPENSATORY AID EXPRESSED IN MILLION EURO

ANNEX

Measures

Type

Regulation

Denmark

Sweden

United Kingdom

Suckler cow premium

Article 6(1), (EC) No 1254/1999

0,021546

1,687232

30,756576

Additional suckler cow premium

Article 6(5), (EC) No 1254/1999

0,000000

0,000000

1,158592

Male bovine premiums

Deseasonalisation premium

Extensification premium

Article 4, (EC) No 1254/1999

0,025935

2,788084

32,507936

Article 5, (EC) No 1254/1999

0,000000

0,041152

0,538880

Article 13, (EC) No 1254/1999

0,003724

1,707808

21,730336

Young farmers … + less-favoured areas

Article 8 and 13, (EC) No 1257/1999

0,000000

1,878667

3,288000

Early retirement

Agri-environment

Forestry

Ewe and she-goat premium

Lump-sum ewe premium

Article 10, (EC) No 1257/1999

0,002138

0,000000

0,000000

Article 22, (EC) No 1257/1999

0,015162

13,158352

9,012768

Article 29, (EC) No 1257/1999

0,004655

0,000000

3,354528

(EEC) No 872/84

(EEC) No 1323/90

0,002358

0,401154

61,760205

0,000000

0,072002

11,856660