CELEX: 31992R1891
Language: en
Date: 1992-07-13 00:00:00
Title: Commission Regulation (EEC) No 1891/92 of 9 July 1992 fixing the representative market rates to be applied for certain amounts in the context of the common agricultural policy and, in particular, for the calculation of the monetary compensatory amounts

No L 194/ 38                                  Official Journal of the European Communities                                 13 . 7 . 92
                                           COMMISSION REGULATION (EEC) No 1891 /92
                                                               of 9 July 1992
                   fixing the representative market rates to be applied for certain amounts in the context of
                   the common agricultural policy and, in particular, for the calculation of the monetary
                                                           compensatory amounts
THE COMMISSION OF THE EUROPEAN                                           defined as representative market rates, are to be used for
COMMUNITIES ,                                                            the conversion into ecus of the amounts relating to world
                                                                         market data and expressed in the national currency of a
Having regard to the Treaty establishing the European                    Member State; whereas, pursuant to Article 6a of Regu­
Economic Community,                                                      lation (EEC) No 1677/85 and without prejudice to
                                                                         Article 7 (2) of Commission Regulation (EEC) No
Having regard to Council                  Regulation (EEC) No            3578/88 of 17 November 1988 laying down detailed
1677/ 85 of 11 June 1985 on               monetary compensatory          rules for the application of the system for the automatic
amounts in agriculture ('), as            last amended by Regu­          dismantlement of negative monetary compensatory
lation (EEC) No 2205/90                  (2), and in particular          amounts ('), as last amended by Regulation (EEC) No
Articles 9 and 6a thereof,                                                3137/91 (,0), those rates are to be the agricultural
                                                                         conversion rates applying to pigmeat; whereas, pursuant
Whereas      the        monetary         compensatory      amounts       to Article 2 (4) of Council Regulation (EEC) No
introduced by Regulation (EEC) No 1677/85 were fixed                      1676/85 ("), as last amended by Regulation (EEC) No
by Commission Regulation (EEC) No 1641 /91 (*), as                       2205 /90, those rates are also to be used for the
last amended by Regulation (EEC) No 1890/92 (4), on                      conversion of certain other agricultural amounts ;
the basis of the central rates and, for certain Member                   whereas the rates in question should be fixed to make it
States, on the basis of the exchange rates referred to in                easier to use them,
Article 3 of Commission Regulation (EEC) No 3153 / 85
of 11 November 1985 laying down detailed rules for the                   HAS ADOPTED THIS REGULATION :
calculation of monetary compensatory amounts (*), as
                                                                                                   Article 1
last amended by Regulation (EEC) No 3672 /89 (');
                                                                         The representative market rates referred to in Article 3 a
Whereas, in accordance with Article 3a of Commission                     of Regulation (EEC) No 3152/85, to be applied for
Regulation (EEC) No 3152/85 of 11 November 1985                          certain amounts in the context of the common agri­
laying down detailed rules for the application of Regu­                  cultural policy and used to fix or, where appropriate, to
lation (EEC) No 1676 /85 on the value of the unit of                     adjust the monetary compensatory amounts, are set out
account and the conversion rates to be applied for the                   in the Annex hereto .
purposes of the common agricultural policy (7)> as last
amended by Regulation (EEC) No 3237/90 (•), the                                                    Article 2
rates used to fix or, where appropriate, adjust the
monetary compensatory amounts, from this time forth                      This Regulation shall enter into force on 13 July 1992 .
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                    States .
                    Done at Brussels, 9 July 1992 .
                                                                                           For the Commission
                                                                                           Ray MAC SHARRY
                                                                                        Member ofthe Commission
C) OJ No L 164, 24. 6. 1985 , p. 6 .
O OJ No L 201 , 31 . 7. 1990, p. 9 .
(J) OJ No L 153, 17. 6. 1991 , p. 1 .
(*) See page 1 of this Official Journal.
(') OJ  No L  310,   21 . 11 . 1985 , p. 4.
(4) OJ  No L  358 ,  8 . 12. 1989, p. 28 .                                o OJ No L 312, 18 . 11 . 1988, p. 16.
(') OJ  No L  310,   21 . 11 . 1985 , p. 1 .                             (10) OJ No L 297, 29. 10. 1991 , p. 17 .
(•) OJ  No L  310,   9 . 11 . 1990, p. 18 .                              (") OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- 13 . 7 . 92                         Official Journal of the European Communities                              No L 194/ 39
                                                            ANNEX
             Conversion rates used for die calculation of monetary compensatory amounts and to be applied lor
                                          certain amounts in the agricultural sector
            \                     100 Lit                  1 £                 1 £Irl          1 ECU
               Bfrs/Lfrs          2,75661               60,1765              55,2545          48,5563
                 Dkr              0,509801              11,1289              10,2186           8,97989
                 DM               0,133650               2,91757               2,67893         2,35418
                  FF              0,448246               9,78516               8,98480         7,89563
                   F1             0,150590               3,28735               3,01847         2,65256
                 £ Irl            0,0498894              1,08908                 —
                                                                                               0,878776
                   £              0,0458087                —
                                                                               0,918207        0,806898
                  Lit               —
                                                     2 182,99             2 004,44         1 761,45
                  Dr             16,1971               353,581              324,661          285,304
                  Esc            11,0865               242,017              222,222          195,283
                  Pta             8,41409              183,679              168,655          148,210