CELEX: 31992R0088
Language: en
Date: 1992-01-20 00:00:00
Title: Commission Regulation (EEC) No 88/92 of 16 January 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

20. 1 . 92                                Official Journal of the European Communities                            No L 13 / 39
                                         COMMISSION REGULATION (EEC) No 88/92
                                                        of 16 January 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
THE COMMISSION OF THE EUROPEAN                                      the conversion into ecus of the amounts relating to world
COMMUNITIES,                                                        market data and expressed in the national currency of a
                                                                    Member State ; whereas, pursuant to Article 6a of Regu­
Having regard to the Treaty establishing the European               lation (EEC) No 1677/85 and without prejudice to
Economic Community,                                                 Article 7 (2) of Commission Regulation (EEC) No
Having regard to Council Regulation (EEC) No                        3578 /88 of 17 November 1988 laying down detailed
1677/85 of 11 June 1985 on monetary compensatory                    rules for the application of the system for the automatic
amounts in agriculture ('), as last amended by Regu­                dismantlement of negative monetary compensatory
lation (EEC) No 2205/90 (2), and in particular Article 9            amounts (9), as last amended by Regulation (EEC) No
thereof,                                                            3137/91 (10), those rates are to be the agricultural
                                                                    conversion rates applying to pigmeat; whereas, pursuant
Whereas the monetary compensatory amounts                           to Article 2 (4) of Council Regulation (EEC) No
introduced by Regulation (EEC) No 1677/85 were fixed                 1676/85 ("), as last amended by Regulation (EEC) No
                                                                    2205 /90, those rates are also to be used for the
by Commission Regulation (EEC) No 1641 /91 (3), as
last amended by Regulation (EEC) No 87/92 (4), on the               conversion of certain other agricultural amounts ;
basis of the central rates and, for certain Member States,          whereas the rates in question should be fixed to make it
                                                                    easier to use them,
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 calcu­             HAS ADOPTED THIS REGULATION :
lation of monetary compensatory amounts (5), as last                                          Article 1
amended by Regulation (EEC) No 3672/89 (6);
                                                                    The representative market rates referred to in Article 3a
Whereas, in accordance with Article 3 a of Commission               of Regulation (EEC) No 3152/85, to be applied for
Regulation (EEC) No 3152/85 of 11 November 1985                     certain amounts in the context of the common agri­
laying down detailed rules for the application of Regu­             cultural policy and used to fix or, where appropriate, to
lation (EEC) No 1676/ 85 on the value of the unit of                adjust the monetary compensatory amounts, are set out
account and the conversion rates to be applied for the              in the Annex hereto .
purposes of the common agricultural policy (7), as last
amended by Regulation (EEC) No 3237/90 (8), the                                               Article 2
rates used to fix or, where appropriate, adjust the
monetary compensatory amounts, from this time forth                 This Regulation shall enter into force on 20 January
defined as representative market rates, are to be used for          1992 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                  Done at Brussels, 16 January 1992 .
                                                                                      For the Commission
                                                                                      Ray MAC SHARRY
                                                                                  Member ofthe Commission
 ') OJ No L 164, 24. 6. 1985, p. 6.
 J) OJ No L 201 , 31 . 7. 1990, p. 9.
 J) OJ No L 153, 17. 6. 1991 , p. 1 .
 4) See page 1 of this Official Journal.
 5) OJ No L 310, 21 . 11 . 1985 , p. 4 .
 4) OJ No L 358, 8. 12. 1989, p. 28 .                                O OJ No L 312, 18 . 11 . 1988, p. 16.
 ') 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 .                              O OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 13/ 40                          Official Journal of the European Communities                               20. 1 . 92
                                                              ANNEX
            Representative market rates to be applied for certain amounts in the context of the common agricul­
                  tural policy and, in particular, tor the calculation of the monetary compensatory amounts
                                   100 Lit                   1 £                 1 £ Irl             1 ECU
              Bfrs/Lfrs            2,75661               59,5012                55,2545            48,5563
                Dkr                0,509801               11,0040               10,2186              8,97989
                DM                 0,133650                2,88483               2,67893             2,35418
                 FF                0,448246                9,67535               8,98480             7,89563
                  F1               0,150590                3,25046               3,01847             2,65256
                £ Irl              0,0498894               1,07686                                   0,878776
                  £                0,0463287                                     0,928628           0,816056
                 Lit                                  2 158,49               2 004,44           1 761,45
                 Dr               15,1901               327,877                304,476            267,566
                 Esc              11,5059               248,353                230,628            202,670
                 Pta               8,47802              182,997                169,936            149,336