2001/121/EC: Commission Decision of 30 January 2001 on the payment in euro by the United Kingdom of certain expenditure resulting from legal instruments relating to the common agricultural policy and repealing Decision 2000/328/EC (notified under document number C(2001) 171)
Date: 2001-01-30
Institutions: European Commission
Subjects: United Kingdom, agricultural expenditure, common agricultural policy, euro, exchange rate, national currency

15.2.2001

EN

Official Journal of the European Communities

L 44/43

COMMISSION DECISION

of 30 January 2001

on the payment in euro by the United Kingdom of certain expenditure resulting from legal
instruments relating to the common agricultural policy and repealing Decision 2000/328/EC

(notified under document number C(2001) 171)

(Only the English text is authentic)

(2001/121/EC)

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 8 thereof,

Whereas:

(1)

(2)

(3)

(4)

Article 8 of Regulation (EC) No 2799/98 requires non-
participating Member States that contemplate paying
expenditure resulting from legal instruments relating to
the common agricultural policy in euro to take measures
to ensure that the use of the euro does not provide a
systematic advantage compared with the use of national
currency.

On 24 February 2000, the United Kingdom informed
the Commission that it intended to make use of Article
8 of Regulation (EC) No 2799/98 and communicated
the measures it contemplated taking to preventing any
systematic advantage resulting from the use of the euro
rather than the pound sterling. That communication was
received on 29 February 2000. A new version of the
Annex to the abovementioned communication was
forwarded on 17 March 2000 and received on 21 March
2000.

in
communicated were
The measures
Commission Decision 2000/328/EC of 17 April 2000
on the payment in euro by the United Kingdom of
certain expenditure resulting from legal
instruments
relating to the common agricultural policy (2).

approved

On 28 November 2000, the United Kingdom informed
the Commission of its intention to amend the above-
mentioned measures. That communication was received
on the same date.

the full exchange-rate risk arising from subsequent
conversion into sterling,

— operators must make a standing commitment; they
must apply three months in advance to be paid in
euro; they are then bound for a minimum of one
three months advance notice must also be
year;
given to withdraw from the arrangement; new
payments in euro are then only possible after a
one-year waiting period,

— operators may opt for payment in euro for all or any
of the measures listed in the Annex to this Decision.

Initially the United Kingdom intends limiting payments
in euro to market support measures that are entirely
financed by the EAGGF as listed in the Annex to the
communication.

Article 12(4) of 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 agriculture (3), as last amended by Regulation (EC) No
2452/2000 (4), states that
the Commission has two
months in which to approve the measures communi-
cated.

The measures that the United Kingdom contemplates
taking are in line with the objective, namely to prevent a
systematic advantage resulting from the use of the euro
rather than the national currency.

For that reason, the Commission Decision of 17 April
2000 on the payment in euro by the United Kingdom of
instruments
certain expenditure resulting from legal
relating to the common agricultural policy must be
replaced by this Decision,

(6)

(7)

(8)

(9)

HAS ADOPTED THIS DECISION:

Article 1

(5)

The measures planned by the United Kingdom can be
summarised as follows:

— operators will be paid the amounts in euro laid
down in Community legislation; operators will bear

communicated by

The measures
the United Kingdom
concerning the payment in euro of expenditure resulting from
the legal
instruments relating to the common agricultural
policy listed in the Annex hereto are hereby approved.

(1) OJ L 349, 24.12.1998, p. 1.
(2) OJ L 114, 13.5.2000, p. 33.

(3) OJ L 349, 24.12.1998, p. 1.
(4) OJ L 282, 8.11.2000, p. 9.

L 44/44

EN

Official Journal of the European Communities

15.2.2001

Commission Decision 2000/328/EC is repealed.

Article 2

Article 3

This Decision is addressed to the United Kingdom of Great Britain and Northern Ireland.

Done at Brussels, 30 January 2001.

For the Commission

Franz FISCHLER

Member of the Commission

15.2.2001

EN

Official Journal of the European Communities

L 44/45

ANNEX

MARKET SUPPORT MEASURES EXPRESSED AND PAYABLE IN EURO

Scheme

Commission Regulation

Export refunds

Buying-in of beef

Private storage aid for

beef
Private storage aid for pigmeat
Private storage aid for sheepmeat

Buying-in of butter

Private storage aid for butter and cream

(EC) No 800/1999

(EEC) No 2456/93

(EEC) No 3445/90
(EEC) No 3444/90
(EEC) No 3446/90

(EC) No 2771/1999

(EC) No 2771/1999

Aid for butter supplied to non-profit-making organisations

(EEC) No 2191/81

Aid for butter manufacturing

Aid for concentrated butter for cooking

(EC) No 2571/97

(EEC) No 429/90

Aid for skimmed milk used in the manufacture of casein and caseinates

(EEC) No 2921/90

Aid for school milk

Buying-in of skimmed-milk powder

(EC) No 3392/93

(EC) No 322/96

Aid for skimmed-milk powder used for animal feed

(EC) No 2799/1999

Buying-in of cereals

Starch end-user refund

Whisky refunds

Aid for dehydrated fodder

Aid for the use of grape must

Aid for sugar in the chemical

industry

Aid for refining preferential raw cane sugar

(EEC) No 689/92

(EEC) No 1722/93

(EEC) No 2825/93

(EC) No 785/95

(EEC) No 2598/88

(EEC) No 1729/78

(EEC) No 3816/88

Consumption aid for apples

(EC) No 481/1999 and (EEC) No 2282/90

Dairy promotion and market expansion scheme

(EC) No 481/1999 and (EC) No 3582/93

Promotion of quality beef

(EC) No 481/1999 and (EEC) No 1318/93

Promotion of plants and floricultural products

(EC) No 481/1999 and (EC) No 779/1999