Commission Regulation (EC) No 1435/2001 of 13 July 2001 fixing for the 2000/2001 marketing year the specific exchange rate applicable to the minimum sugarbeet prices and the production levy and additional levy in the sugar sector for the currencies of those Member States which have not adopted the single currency
Date: 2001-07-13
Institutions: European Commission
Subjects: exchange rate, marketing, minimum price, monetary union, sugar beet, sugar levy

L 192/12

EN

Official Journal of the European Communities

14.7.2001

COMMISSION REGULATION (EC) No 1435/2001

of 13 July 2001

fixing for the 2000/2001 marketing year the specific exchange rate applicable to the minimum
sugarbeet prices and the production levy and additional levy in the sugar sector for the currencies
of those Member States which have not adopted the single currency

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 1642/1999 (2), and in partic-
ular Article 1(3) thereof,

Whereas:

(1)

(2)

Article 1(1) of Regulation (EEC) No 1713/93 specifies
that the minimum sugarbeet prices referred to in Article
4 of Council Regulation (EC) No 1260/2001 of 19 June
2001 on the common organisation of the market in the
sugar sector (3) and the production levy and additional
levy referred to Articles 15 and 16 respectively of that
Regulation are to be converted into national currency
using a specific exchange rate equal
to the average,
calculated pro rata temporis, of the exchange rates applic-
able during the marketing year in question. That specific
exchange rate must be fixed during the month following
the end of the marketing year in question.

The system of specific agricultural conversion rates was
amended from 1 January 1999 by Council Regulation
(EC) No 2799/98 of 15 December 1998 establishing
agrimonetary arrangements for the euro (4). As a result,
the fixing of conversion rates should be restricted to the

specific exchange rates between the euro and the
national currencies of those Member States which have
not adopted the single currency.

(3)

the 2000/2001 marketing year, of

The application of these provisions results in the fixing,
for
the specific
exchange rate for the minimum sugarbeet prices and the
production levy and, where appropriate, the 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 the conversion of the
minimum sugarbeet prices as referred to in Article 4 of Regula-
tion (EC) No 1260/2001 and the production levy and, where
appropriate, the additional levy referred to in Articles 15 and
16 respectively of that Regulation, into each of the national
currencies of the Member States which have not adopted the
single currency, shall be fixed, for the 2000/2001 marketing
year, as set out in the Annex hereto.

Article 2

This Regulation shall enter into force on 14 July 2001.

It shall apply from 1 July 2000.

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

Done at Brussels, 13 July 2001.

For the Commission

Franz FISCHLER

Member of the Commission

(1) OJ L 159, 1.7.1993, p. 94.
(2) OJ L 195, 28.7.1999, p. 3.
(3) OJ L 178, 30.6.2001, p. 1.
(4) OJ L 349, 24.12.1998, p. 1.

14.7.2001

EN

Official Journal of the European Communities

L 192/13

to Regulation (EC) No 1435/2001 fixing for the 2000/2001 marketing year the specific exchange rate applicable
to the minimum sugarbeet prices and the production levy and additional levy in the sugar sector for the
currencies of those Member States which have not adopted the single currency

ANNEX

Specific exchange rate

EUR 1 =

7,45929
8,77975
0,615400

Danish kroner
Swedish kronor
Pounds sterling