Commission Regulation (EC) No 1281/2007 of 30 October 2007 fixing for the 2006/2007 marketing year the specific agricultural conversion rate applicable to the minimum sugarbeet prices in the sugar sector for the currencies of those Member States which have not adopted the single currency
Date: 2007-10-30
Institutions: European Commission
Subjects: exchange rate, minimum price, non-participating country (euro area), sugar beet

L 285/28

EN

Official Journal of the European Union

31.10.2007

COMMISSION REGULATION (EC) No 1281/2007

of 30 October 2007

fixing for the 2006/2007 marketing year the specific agricultural conversion rate applicable to the
minimum sugarbeet prices 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
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),

Having regard to Commission Regulation (EC) No 1913/2006
of 20 December 2006 laying down detailed rules for the appli-
cation of the agrimonetary system for the euro in agriculture
and amending certain regulations (2), and in particular Article
31 thereof,

(3)

(4)

Whereas:

rate equal to the average, calculated pro rata temporis, of
the agricultural conversion rates applicable during the
marketing year in question.

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

the
The
minimum sugarbeet
2006/2007
prices
marketing year should therefore be fixed in the various
national currencies,

conversion rate

the

for

for

(1)

the conversion of

Under Article 31 of Regulation (EC) No 1913/2006, the
arrangements applying in the 2006/2007 marketing year
for
the minimum price for beet
referred to in Article 5 of Regulation (EC) No
318/2006 into national currencies in countries outside
the euro zone shall be those laid down in Article 1 of
Commission Regulation (EEC) No 1713/93 of 30 June
1993 establishing special detailed rules for applying the
sector (3).
agricultural
Therefore the present regulation follows the criteria and
procedure laid down in Article 1 of Commission Regu-
lation (EEC) No 1713/93.

conversion rate

in the

sugar

HAS ADOPTED THIS REGULATION:

Article 1

The specific agricultural conversion rate to be used for the
conversion of the minimum sugarbeet prices as referred to in
Article 5 of Regulation (EC) No 318/2006 into each of the
national currencies of
the Member States which have not
adopted the single currency shall be fixed, for the 2006/2007
marketing year, as set out in the Annex hereto.

Article 2

(2)

Under Article 1(1) of Regulation (EEC) No 1713/93, the
minimum sugarbeet prices are to be converted into
national currency using a specific agricultural conversion

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

It shall apply from 1 July 2006.

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

Done at Brussels, 30 October 2007.

For the Commission

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

(1) OJ L 58, 28.2.2006, p. 1. Regulation as last amended by Regulation

(EC) No 1260/2007 (OJ L 283, 27.10.2007, p. 1).

(2) OJ L 365, 21.12.2006, p. 52. Regulation as amended by Regulation

(EC) No 873/2007 (OJ L 193, 25.7.2007, p. 3).

(3) 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).

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

31.10.2007

EN

Official Journal of the European Union

L 285/29

1 euro =

ANNEX

Specific exchange rate

1,955800

28,120926

7,452645

15,646600

0,579827

0,698539

3,452800

Bulgarian lev

Czech koruna

Danish krone

Estonian kroon

Cyprus pound

Latvian lats

Lithuanian litas

257,718009

Hungarian forint

0,429300

3,856691

3,383502

239,634179

35,098407

9,213555

0,676538

Maltese lira

Polish zloty

Romanian leu

Slovenian tolar

Slovak koruna

Swedish krona

Pound sterling