CELEX: 31991R1132
Language: en
Date: 1991-05-06 00:00:00
Title: Commission Regulation (EEC) No 1132/91 of 2 May 1991 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

6. 5 . 91                                Official Journal of the European Communities                           No L 113 /45
                                       COMMISSION REGULATION (EEC) No 1132/91
                                                         of 2 May 1991
                  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                                     to Portugal and an adaptation of the agricultural
COMMUNITIES,                                                       conversion rate for Portugal in the pigmeat sector in
                                                                   accordance with Article 6a of Regulation (EEC) No
                                                                   1677/85 ; whereas, however, Commission Regulation
                                                                   (EEC) No 1040/91 of 25 April 1991 on monetary
Having regard to the Treaty establishing the European              compensatory amounts applicable depending on the
Economic Community,                                                trend in the escudo (') temporarily suspends the
                                                                   application of the compensatory amount in question
                                                                   pending confirmation of the trend in the escudo ;
Having regard to Council Regulation (EEC) No
1677/85 of 11 June 1985 on monetary compensatory                   Whereas, in accordance with Article 3a of Commission
amounts in agriculture (*), as last amended by Regulation          Regulation (EEC) No 3152/85 of 11 November 1985
(EEC) No 2205/90 (2), and in particular Article 9 (2)              laying down detailed rules for the application of Regu­
thereof,                                                           lation (EEC) No 1676/85 on the value of the unit of
                                                                   account and the conversion rates to be applied for the
                                                                   purposes of the common agricultural policy (10), as last
                                                                   amended by Regulation (EEC) No 3237/90 ("), the
Having regard to Commission Regulation (EEC) No                    rates used to fix or, where appropriate, adjust the
3578/88 of 17 November 1988 laying down detailed                   monetary compensatory .amounts, from this time forth
rules for the application of the system for the automatic          defined as representative market rates, are to be used for
dismantlement of negative monetary compensatory                    the conversion into ecus of the amounts relating to world
amounts ('), as last amended by Regulation (EEC) No                market data and expressed in the national currency of a
287/91 (4), and in particular Article 7 thereof,                   Member State; whereas, pursuant to Article 2 (4) of
                                                                   Council Regulation (EEC) No 1676/85 ("), as last
                                                                   amended by Regulation (EEC) No 2205/90, those rates
                                                                   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 (5), as
last amended by Regulation (EEC) No 1131 /91 (*), on
the basis of the central rates and, for certain Member             HAS ADOPTED THIS REGULATION :
States, on the basis of the exchange rates referred to in
Article 3 of Commission Regulation (EEC) No 3153/85
of 11 November 1985 laying down detailed rules for the
calculation of monetary compensatory amounts (7)> as                                           Article 1
last amended by Regulation (EEC) No 3672/89 (');
                                                                   The representative market rates referred to in Article 3a
                                                                   of Regulation (EEC) No 3152/85, to be applied for
                                                                   certain amounts in the context of the common agri­
                                                                   cultural policy and used to fix or, where appropriate, to
Whereas the spot market rates recorded in accordance               adjust the monetary compensatory amounts, shall be set
with Regulation (EEC) No 3153/85 in the period 24 to               out in the Annex hereto.
30 April 1991 for the Portuguese escudo lead, pursuant
to Article 9 (2) of Regulation (EEC) No 1677/85, to a
change in the compensatory amounts applicable
                                                                                                Article 2
o   OJ  No L  164, 24. 6. 1985, p. 6.                              This Regulation shall enter into force on 6 May 1991 .
O   OJ  No L 201 , 31 . 7. 1990, p. 9.
O   OJ  No L 312, 18 . 11 . 1988, p. 16.
(4) OJ  No L 35, 7. 2. 1991 , p. 10.
O   OJ  No L  122, 14. 5. 1990, p. 1 .                              O   OJ No  L 106, 26. 4. 1991 , p. 31 .
(*) See page 1 of this Official Journal.                           H    OJ No  L 310, 21 . 11 . 1985, p. 1 .
O OJ No L 310, 21 . 11 . 1985, p. 4.                               (M)  OJ No  L 310, 9. 11 . 1990, p. 18 .
(•) OJ No L 358, 8 . 12. 1989, p. 28.                              (")  OJ No  L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 113 /46                         Official Journal of the European Communities                             6. 5 . 91
             This Regulation shall be binding in its entirety and directly applicable in all Member
             States.
             Done at Brussels, 2 May 1991 .
                                                                                        For the Commission
                                                                                        Ray MAC SHARRY
                                                                                     Member ofthe Commission
                                                             ANNEX
             Representative market rates to be applied for certain amounts in the context of the common agri­
                cultural policy and, in particular, for the calculation of the monetary compensatory amounts
                                   100 Lit                  1 £                 1 £ Irl             1 ECU
               Bfrs/Lfrs           2,75661               60,9390               55,2545             48,5563
                  Dkr              0,509801              11,2699               10,2186              8,97989
                  DM               0,133650               2,95454               2,67893             2,35418
                   FF              0,448246               9,90915               8,98480             7,89563
                    F1             0,150590               3,32901               3,01847             2,65256
                  £ Irl            0,0498894              1,10288                                   0,878776
                    £              0,0452356                                    0,906718            0,796802
                   Lit                                2 210,65              2 004,44            1 761,45
                   Dr             14,4866               320,248               290,374             255,174
                  Esc             11,5348               256,287               231,207             204,210
                   Pta             8,26223              182,649               165,611             145,535