CELEX: 31991R0227
Language: en
Date: 1991-02-04 00:00:00
Title: Commission Regulation (EEC) No 227/91 of 31 January 1991 fixing the market conversion 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

4 . 2 . 91                                Official Journal of the European Communities                          No L 32/ 41
                                         COMMISSION REGULATION (EEC) No 227/91
                                                         of 31 January 1991
                  fixing the market conversion 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                                        amended by Regulation (EEC) No 3237/90 (8), the rates
 COMMUNITIES,                                                        used to fix or, where appropriate, adjust the monetary
Having regard to the Treaty establishing the European                compensatory amounts, from this time forth defined as
                                                                     market conversion rates, are to be used for the
Economic Community,
                                                                     conversion into ecus of the amounts relating to world
Having regard to Council Regulation (EEC) No                         market data and expressed in the national currency of a
 1677/85 of 11 June 1985 on monetary compensatory                    Member State ; whereas, pursuant to Article 2 (4) of
 amounts in agriculture (*), as last amended by Regulation           Council Regulation (EEC) No 1676 / 85 ('), as last
 (EEC) No 2205/90 (*), and in particular Article 9 (2)               amended by Regulation (EEC) No 2205/90, those rates
thereof,                                                             are also to be used for the conversion of certain other
                                                                     agricultural amounts; whereas the rates in question
"Whereas the monetary compensatory amounts                           should be fixed to make it easier to use them,
introduced by Regulation (EEC) No 1677/85 were fixed
by Commission Regulation (EEC) No 1207/90 (3), as                    HAS ADOPTED THIS REGULATION :
last amended by Regulation (EEC) No 226/91 (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 market conversion rates referred to in Article 3 a of
of 11 November 1985 laying down detailed rules for the               Regulation (EEC) No 3152/85, to be applied for certain
calculation of monetary compensatory amounts (5), as                 amounts in the context of the common agricultural
last amended by Regulation (EEC) No 3672/89 (6);                     policy and used to fix or, where appropriate, to adjust
Whereas, in accordance with Article 3a of Commission
                                                                     the monetary compensatory amounts, shall be set out in
                                                                     the Annex hereto.
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
account and the conversion rates to be applied for the               This Regulation shall enter into force on 4 February
purposes of the common agricultural policy (7), as last              1991 .
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                  Done at Brussels, 31 January 1991 .
                                                                                      For the Commission
                                                                                      Ray MAC SHARRY
                                                                                  Member ofthe Commission
  x) OJ No L 164, 24. 6. 1985, p. 6.
  J) OJ No L 201 , 31 . 7. 1990, p. 9.
  J) OJ No L 122, 14 . 5. 1990, r. 1 .
  4) See page 1 of this Official Journal,
  s) OJ No L 310, 21 . 11 . 1985, p. 4.
  4) OJ No L 358 , 8. 12. 1989, p. 28 .                              (■) OJ No L 310, 9. 11 . 1990, p. 18 .
  7) OJ No L 310, 21 . 11 . 1985, p. 1 .                             0 OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 32 /42                         Official Journal of the European Communities                                4 . 2 . 91
                                                             ANNEX
            Market conversion 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
                                  100 Lit                   1 £                1 £ Irl             1 ECU
             Bfrs/Lfrs            2,75661               60,5688               55,2545             48,5563
                Dkr               0,509801              11,2015               10,2186              8,97989
                DM                0,133650                2,93659              2,67893             2,35418
                FF                0,448246                9,84895              8,98480             7,89563
                 F1               0,150590                3,30878              3,01847             2,65256
               £ Irl              0,0498894               1,09618                —
                                                                                                   0,878776
                 £                0,0455121                 —
                                                                               0,912260            0,801672
                Lit                 —
                                                     2 197,22              2 004,44            1 761,45
                Dr               14,1498               310,903               283,624             249,242
                Esc              11,7992               259,254               236,507             207,837
                Pta               8,36209              183,733               167,613             147,294