CELEX: 31996R1726
Language: en
Date: 1996-09-02 00:00:00
Title: COMMISSION REGULATION (EC) No 1726/96 of 2 September 1996 fixing, for August 1996, the specific agricultural conversion rate for the amount of the reimbursement of storage costs in the sugar sector

No L 222/6            EN                Official Journal of the European Communities                                3 . 9 . 96
                                         COMMISSION REGULATION (EC) No 1726/96
                                                        of 2 September 1996
                    fixing, for August 1996, the specific agricultural conversion rate for the amount
                                 of the reimbursement of storage costs in the sugar sector
  THE COMMISSION OF THE EUROPEAN COMMUNITIES,                         conversion rates applicable during the month of storage;
                                                                     whereas that specific rate must be fixed each month for
   Having regard to the Treaty establishing the European              the previous month;
   Community,
                                                                     Whereas application of these provisions will lead to the
   Having regard to Council Regulation (EEC) No 1785/81               fixing, for August 1996, of the specific agricultural
  of 30 June 1981 on the common organization of the                  conversion rate for the amount of the reimbursement of
  markets in the sugar sector ('), as last amended by Regula­        storage costs in the various national currencies as indi­
  tion (EC) No 1599/96 (2),                                          cated in the 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 last amended by Regu­
  lation (EC) No 1 50/95 (4),                                                                 Article 1
  Having    regard     to    Commission     Regulation    (EEC)      The specific agricultural conversion rate to be used to
  No 1713/93 of 30 July 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
  sugar sector (5), as last amended by Regulation (EC)               into each of the national currencies for August 1996 shall
  No 2926/94 (*), and in particular Article 1 (3) thereof,           be as indicated in the Annex hereto .
 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 3 September
 No 1785/81 is to be converted into national currency                1996 .
 using a specific agricultural conversion rate equal to the
 average, calculated pro rata temporis, of the agricultural          It shall apply with effect from 1 August 1996.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States .
                   Done at Brussels, 2 September 1996.
                                                                              For the Commission
                                                                                 Franz FISCHLER
                                                                           Member of the Commission
(') OJ  No  L 177, 1 . 7. 1981 , p. 4.
(2  OJ  No  L 206, 16. 8. 1996, p. 43.
(3) OJ  No  L 387, 31 . 12. 1992, p. 1 .
(*) OJ  No  L 22, 31 . 1 . 1995, p. 1 .
Is) OJ No L 159, 1 . 7. 1993, p. 94.
h) OJ No L 307, 1 . 12. 1994, p. 56.
 ---pagebreak--- 3 . 9 . 96     EN               Official Journal of the European Communities                        No L 222/7
                                                         ANNEX
           to the Commission Regulation of 2 September 1996 fixing, for August 1996, the specific
           agricultural conversion rate for the amount of the reimbursement of storage costs in the
                                                      sugar sector
                                               Agricultural conversion rates
                          ECU 1 =       39,5239           Belgian and Luxembourg francs
                                         7,49997          Danish kroner
                                          1,91639        German marks
                                       311,761           Greek drachmas
                                       165,198           Spanish pesetas
                                         6,61023         French francs
                                         0,829498        Irish punt
                                     2 030,40            Italian lire
                                         2,14934         Dutch guilders
                                        13,4875          Austrian schillings
                                       198,202           Portuguese escudos
                                         6,02811         Finnish marks
                                         8,64446         Swedish kroner
                                         0,833821        Pound sterling