Commission Regulation (EC) No 1407/2004 of 2 August 2004 fixing the exchange rate applicable in 2004 to the single area payment scheme in the Czech Republic, Estonia, Cyprus, Latvia, Lithuania, Hungary, Poland and Slovakia
Date: 2004-08-02
Institutions: European Commission
Subjects: Cyprus, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, aid per hectare, exchange rate

L 256/6

EN

Official Journal of the European Union

3.8.2004

COMMISSION REGULATION (EC) No 1407/2004

of 2 August 2004

fixing the exchange rate applicable in 2004 to the single area payment scheme in the Czech
Republic, Estonia, Cyprus, Latvia, Lithuania, Hungary, Poland and Slovakia

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

(2)

Having regard to the Treaty
Community,

establishing the European

Having regard to Commission Regulation (EC) No 2199/2003
of 16 December 2003 laying down transitional measures for
the application in respect of the year 2004 of Council Regu-
lation (EC) No 1259/1999 as regards the single area payment
scheme
the Czech Republic, Estonia, Cyprus, Latvia,
Lithuania, Hungary, Malta, Poland, Slovenia and Slovakia (1),
and in particular the third sentence of Article 2 thereof,

for

Whereas:

(1)

Pursuant to Article 143b of Council Regulation (EC) No
1782/2003 of 29 September 2003 establishing common
rules for direct support schemes under the common
agricultural policy and establishing certain support
schemes for farmers and amending Regulations (EEC)
No 2019/93, (EC) No 1452/2001, (EC) No 1453/2001,
(EC) No 1454/2001, (EC) 1868/94, (EC) No 1251/1999,
(EC) No 1254/1999,
(EEC) No
2358/71 and (EC) No 2529/2001 (2),
the Czech
Republic, Estonia, Cyprus, Latvia, Lithuania, Hungary,
Poland and Slovakia have decided to replace direct
payments by a single area payment.

(EC) No 1673/2000,

In accordance with Article 2 of Regulation (EC) No
2199/2003, the operative event for the conversion of
in 2004, under the single
the amount to be granted,
area payment scheme is 1 July 2004. The exchange
rate to be used is the average of the exchange rates
applicable during the period from 1 January to 30 June
2004, calculated pro rata temporis.

(3)

The exchange rate should be fixed therefore for Member
States which have decided to apply the single area
payment in 2004,

HAS ADOPTED THIS REGULATION:

Article 1

For 2004, the exchange rates in the Annex shall apply in the
Czech Republic, Estonia, Cyprus, Latvia, Lithuania, Hungary,
Poland and Slovakia to the amount to be granted under the
single area payment scheme provided for in Article 143b of
Regulation (EC) No 1782/2003.

Article 2

This Regulation shall enter into force on the third day following
that of
the European
Union.

its publication in the Official

Journal of

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

Done at Brussels, 2 August 2004.

For the Commission

Franz FISCHLER
Member of the Commission

(1) OJ L 328, 17.12.2003, p. 21. Regulation as amended by Regulation

(EC) No 1111/2004 (OJ L 213, 15.6.2004, p. 3).

(2) OJ L 270, 21.10.2003, p. 1. Regulation as last amended by Regu-

lation (EC) No 864/2004 (OJ L 161, 30.4.2004, p. 48).

3.8.2004

EN

Official Journal of the European Union

L 256/7

ANNEX

Exchange rates referred to in Article 1

1 euro = (average 1.1.2004-30.6.2004)

0,585539

32,4485

15,6466

256,237

3,4529

0,660405

4,73521

40,3374

Cyprus pound

Czech koruna

Estonian kroon

Hungarian forint

Lithuanian litas

Latvian lats

Polish zloty

Slovak koruna