CELEX: 31992R3653
Language: en
Date: 1992-12-21 00:00:00
Title: Commission Regulation (EEC) No 3653/92 of 17 December 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 and the agricultural conversion rates for the pigmeat sector in Spain and Italy

21 . 12. 92                                Official Journal of the European Communities                            No L 372/45
                                           COMMISSION REGULATION (EEC) No 3653/92
                                                          of 17 December 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 and the agricultural conversion rates for the pigmeat sector in
                                                             Spain and Italy
 THE COMMISSION OF THE EUROPEAN                                         market data and expressed in the national currency of a
 COMMUNITIES,                                                           Member State; whereas, pursuant to Article 6a of Regu­
                                                                        lation (EEC) No 1677/85 and without prejudice to
                                                                        Article 7 (2) of Commission Regulation (EEC) No
                                                                        3578 /88 of 17 November 1988 laying down detailed
 Having regard to the Treaty establishing the European                  rules for the application of the system for the automatic
 Economic Community,                                                    dismantlement of negative monetary compensatory
                                                                        amounts ('), as last amended by Regulation (EEC) No
                                                                        3137/91 (10), those rates are to be the agricultural
                                                                        conversion rates applying to pigmeat; whereas, pursuant
                                                                        to Article 2 (4) of Council Regulation (EEC) No
 Having regard to Council Regulation (EEC) No                           1676/85 ("), as last amended by Regulation (EEC) No
 1677/85 of 11 June 1985 on monetary compensatory                       2205/90, those rates are also to be used for the
 amounts in agriculture (*), as last amended by Regu­                   conversion of certain other agricultural amounts ;
 lation (EEC) No 2205/90 (2), and in particular                        whereas the rates in question should be fixed to make it
Article 9 (2) thereof,                                                  easier to use them,
                                                                       HAS ADOPTED THIS REGULATION :
Whereas the monetary compensatory amounts
introduced by Regulation (EEC) No 1677/85 were fixed
by Commission Regulation (EEC) No 1641 /91 (*), as
last amended by Regulation (EEC) No 3652/92 (4), on
the basis of the central rates and, for certain Member                                           Article 1
 States, on the basis of the exchange rates referred to in
Article 3 of Commission Regulation (EEC) No 3153/85                    The representative market rates referred to in Article 3a
of 11 November 1985 laying down detailed rules for the                 of Regulation (EEC) No 3152/ 85, to be applied for
calculation of monetary compensatory amounts ('), as                   certain amounts in the context of the common agri­
last amended by Regulation (EEC) No 3672/89 (4);                       cultural policy and used to fix or, where appropriate, to
                                                                       adjust the monetary compensatory amounts, are set out
                                                                       in the Annex hereto .
Whereas, in accordance with Article 3a of Commission
Regulation (EEC) No 3152/85 of 11 November 1985
laying down detailed rules for the application of Regu­                                          Article 2
lation (EEC) No 1676/85 on the value of the unit of                    The agricultural conversion rates for the pigmeat sector
account and the conversion rates to be applied for the                 is fixed :
purposes of the common agricultural policy (7), as last
amended by Regulation (EEC) No 3237/90 ("), the                        — in Spain at ECU 1 = Ptas 166,185,
rates used to fix or, where appropriate, adjust the
monetary compensatory amounts, from this time forth                    — in Italy at ECU 1 = Lit 2 040,84.
defined as representative market rates, are to be used for
the conversion into ecus of the amounts relating to world
O OJ No L 164, 24. 6. 1985, p. 6.                                                                Article 3
O OJ No L 201 , 31 . 7. 1990, p. 9.
C) OJ No L 153, 17. 6. 1991 , p. 1 .                                  This Regulation shall enter into force on 21 December
                                                                       1992 .
(4) See page 1 of this Official Journal.
C)  OJ   No  L 310, 21 . 11 . 1985, p. 4.
C)  OJ  No   L 358, 8. 12. 1989, p. 28.                                 O OJ No L 312, 18 . 11 . 1988, p. 16. .
O   OJ  No   L 310, 21 . 11 . 1985, p. 1 .                             O 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--- No L 372/46                     Official Journal of the European Communities                       21 . 12 . 92
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States.
            Done at Brussels, 17 December 1992.
                                                                           For the Commission
                                                                            Ray MAC SHARRY
                                                                        Member ofthe Commission
 ---pagebreak--- 21 . 12 . 92                        Official Journal of the European Communities                              No L 372/47
                                                           ANNEX
             Conversion rates used for the calculation of monetary compensatory amounts and to be applied for
                                          certain amounts in the agricultural sector
                                  100 Lit                 1 £                  1 £ Irl         1 ECU
               Bfrs/Lfrs          2,34886              50,9602               55,2545          48,5563
                 Dkr              0,434392              9,42446              10,2186           8,97989
                 DM               0,113881              2,47073               2,67893          2,35418
                  FF              0,381943              8,28652               8,98480          7,89563
                   F1             0,128315              2,78388               3,01847          2,65256
                 £ Irl            0,0425098             0,922282                 —             0,878776
                   £              0,0460920               —                    1,08427         0,952828
                  Lit               —               2 169,57             2 352,40          2 067,23
                  Dr             14,9101              323,485              350,745           308,226
                  Esc            10,1354              219,896              238,426           209,523
                  Pta             8,08739             175,462              190,248           167,185