CELEX: 31994R2699
Language: en
Date: 1994-11-05 00:00:00
Title: Commission Regulation (EC) No 2699/94 of 4 November 1994 fixing, for October 1994, the specific agricultural conversion rate for the amount of the reimbursement of storage costs in the sugar sector

No L 286/38                             Official Journal of the European Communities                                 5. 11 . 94
                                       COMMISSION REGULATION (EC) No 2699/94
                                                      of 4 November 1994
                  fixing, for October 1994, the specific agricultural conversion rate for the amount
                                of the reimbursement of storage costs in the sugar sector
 THE COMMISSION OF THE EUROPEAN COMMUNITIES,                       whereas that specific rate must be fixed each month for
                                                                   the previous month ;
 Having regard to the Treaty establishing the European
 Community,                                                        Whereas application of these provisions will lead to the
 Having regard to Council Regulation (EEC) No 1785/81              fixing, for October, of the specific agricultural conversion
 of 30 June 1981 on the common organization of the                 rate for the amount of the reimbursement of storage costs
                                                                   in the various national currencies as indicated in the
 markets in the sugar sector ('), as last amended by Regula­
 tion (EC) No 133/94 (2),                                          Annex to this Regulation,
 Having regard to Council Regulation (EEC) No 3813/92
 of 28 December 1992 on the unit of account and the                HAS ADOPTED THIS REGULATION :
 conversion rates to be applied for the purposes of the
 common agricultural policy (3), as amended by Regulation                                    Article 1
 (EC) No 3528 /93 (4),
 Having regard to Commission Regulation (EEC) No                   The specific agricultural conversion rate to be used to
 1713/93 of 30 June 1993 establishing special detailed             convert the amount of the reimbursement of storage costs
 rules for applying the agricultural conversion rate in the        referred to in Article 8 of Regulation (EEC) No 1785/81
                                                                   into each of the national currencies for October 1994
 sugar sector (*), as amended by Regulation (EEC)
                                                                   shall be as indicated in the Annex hereto.
 No 2627/93 (6), and in particular Article 1 (3) thereof,
Whereas Article 1 (2) of Regulation (EEC) No 1713/93                                        Article 2
 provides that the amount of the reimbursement of storage
 costs referred to in Article 8 of Regulation (EEC)                This Regulation shall enter into force on the day of its
 No 1785/81 is to be converted into national currency              publication in the Official Journal of the European
using a specific agricultural conversion rate equal to the         Communities.
average, calculated pro rata temporis, of the agricultural
conversion rates applicable during the month of storage ;          It shall apply with effect from 1 October 1994.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States .
                  Done at Brussels, 4 November 1994.
                                                                             For the Commission
                                                                               Rene STEICHEN
                                                                        Member of the Commission
0   OJ  No  L 177, 1 . 7. 1981 , p. 4.
(2) OJ  No  L 22, 27. 1 . 1994, p. 7.
(3) OJ  No  L 387, 31 . 12. 1992, p. 1 .
(4) OJ  No  L 320, 22. 12. 1993, p. 32.
(0  OJ  No  L 159, 1 . 7. 1993, p. 94.
(«) OJ  No  L 240, 25. 9. 1993, p. 19.
 ---pagebreak--- 5 . 11 . 94                     Official Journal of the European Communities                          No L 286/39
                                                        ANNEX
            fixing, for October 1994, the specific agricultural conversion rate for the amount of the
                              reimbursement of storage costs in the sugar sector
                                               Agricultural conversion rates
                            ECU 1 =      49,3070          Belgian and Luxembourg francs
                                          9,34812         Danish kroner
                                          2,35418         German marks
                                          7,98191         French francs
                                          0,976426        Irish punt
                                          2,65256         Dutch guilders
                                        349,469           Greek drachmas
                                        192,319           Spanish pesetas
                                      2 339,97            Italian lire
                                        239,331           Portuguese escudos
                                          0,953575        Pound sterling