Commission Regulation (EC) No 1279/2006 of 25 August 2006 fixing for the 2005/06 marketing year the specific agricultural conversion rate applicable to the minimum sugar beet 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: 2006-08-25
Institutions: European Commission
Subjects: minimum price, non-participating country (euro area), representative rate, sugar, sugar beet, sugar levy

L 233/10

EN

Official Journal of the European Union

26.8.2006

COMMISSION REGULATION (EC) No 1279/2006

of 25 August 2006

fixing for the 2005/06 marketing year the specific agricultural conversion rate applicable to the
minimum sugar beet 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,

(3)

Having regard to the Treaty
Community,

establishing the European

Having regard to Council Regulation (EC) No 318/2006 of 20
February 2006 on the common organisation of the markets in
the sugar sector (1),

(4)

Since 1 January 1999, pursuant to Council Regulation
(EC) No 2799/98 of 15 December 1998 establishing
agrimonetary arrangements for the euro (4), the fixing
of conversion rates should be restricted to the specific
agricultural conversion rates between the euro and the
national currencies of those Member States which have
not adopted the single currency.

specific

agricultural

conversion rate

The
the
minimum sugar beet prices and the production levy
and the additional levy for the 2005/06 marketing year
should therefore be
fixed in the various national
currencies,

for

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 (2), and in
particular Article 1(3) thereof,

HAS ADOPTED THIS REGULATION:

Whereas:

(1)

(2)

Regulation (EC) No 318/2006 replaced,
from the
2006/07 marketing year, Council Regulation (EC) No
1260/2001 of 19 June 2001 on the common organi-
sation of the markets in the sugar sector (3). Regulation
(EC) No 1260/2001 continues to apply to the 2005/06
marketing year.

Under Article 1(1) of Regulation (EEC) No 1713/93, the
minimum sugar beet prices referred to in Article 4 of
Regulation (EC) No 1260/2001 and the production levy
and additional levy referred to, respectively, in Articles 15
that Regulation are to be converted into
and 16 of
national currency using a specific agricultural conversion
rate equal to the average, calculated pro rata temporis, of
the agricultural conversion rates applicable during the
marketing year in question.

Article 1

The specific agricultural conversion rate to be used for the
conversion of the minimum sugar beet prices as referred to
in Article 4 of Regulation (EC) No 1260/2001, and of the
production levy and, where appropriate,
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
2005/06 marketing year, as set out in the Annex hereto.

the additional

Article 2

This Regulation shall enter into force on the day of its publi-
cation in the Official Journal of the European Union.

(1) OJ L 58, 28.2.2006, p. 1.
(2) OJ L 159, 1.7.1993, p. 94. Regulation as last amended by Regu-

lation (EC) No 1509/2001 (OJ L 200, 25.7.2001, p. 19).

(3) OJ L 178, 30.6.2001, p. 1. Regulation repealed by Regulation (EC)

No 318/2006.

It shall apply from 1 July 2005.

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

26.8.2006

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Official Journal of the European Union

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

Done at Brussels, 25 August 2006.

For the Commission

Jean-Luc DEMARTY
Director-General for Agriculture and
Rural Development

L 233/12

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Official Journal of the European Union

26.8.2006

1 euro =

ANNEX

Specific exchange rate

29,0021

7,45928

15,6466

Czech koruna

Danish krone

Estonian kroon

0,574130

Cyprus pound

0,696167

Latvian lats

3,45280

254,466

Lithuanian litas

Hungarian forint

0,429300

Maltese lira

3,92889

239,533

39,0739

9,37331

Polish zloty

Slovenian tolar

Slovak koruna

Swedish krona

0,684339

Pound sterling