CELEX: 31987R3177
Language: en
Date: 1987-10-24 00:00:00
Title: Commission Regulation (EEC) No 3177/87 of 23 October 1987 altering the specific agricultural conversion rates applicable in the rice sector

No L 301 /36                                Official Journal of the European Communities                             24. 10 . 87
                                        COMMISSION REGULATION (EEC) No 3177/87
                                                         of 23 October 1987
                     altering the specific agricultural conversion rates applicable in the rice sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                           Whereas Regulation (EEC) No 3153/85 lays down
                                                                      detailed rules for the calculation of monetary compensa­
Having regard to the Treaty establishing the European                 tory amounts ; whereas the spot market rates for the
Economic Community,                                                   Spanish peseta and pound sterling recorded in accordance
Having regard to Council Regulation (EEC) No 1676/85                  with Regulation (EEC) No 31 53/85 during the period 14
of 11 June 1985 on the value of the unit of account and               to 21 October 1987, require the specific agricultural
the conversion rates to be applied for the purposes of the            conversion rates applicable for Spain to be altered
common agricultural policy ('), as last amended by Regu­              pursuant to Article 9 (2) of Regulation (EEC) No 1677/85,
lation (EEC) No 1636/87 (2), and in particular Article 2 (4)
thereof,
                                                                       HAS ADOPTED THIS REGULATION :
Having regard to Council Regulation (EEC) No 1677/85
of 11 June 1985 on monetary compensatory amounts in
agriculture (3), as last amended by Regulation (EEC) No                                         Article 1
1889/87 (4), and in particular Article 9 (2) thereof,
Whereas by Commission Regulation (EEC) No                             The Annex to Regulation (EEC) No 3294/86 is replaced
3294/86       as last amended by Regulation (EEC) No                  by the Annex hereto.
3102/87 (*), specific agricultural conversion rates to be
applied in the rice sector were established ; whereas those                                     Article 2
conversion rates must be altered pursuant to Articles 2
and 3 of Commission Regulation (EEC) No 3153/85 Q as                  This Regulation shall enter into force on 26 October
last amended by Regulation (EEC) No 1955/87 (8) ;                      1987.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States .                                             ^
                   Done at Brussels, 23 October 1987.
                                                                               For the Commission
                                                                                Frans ANDRIESSEN
                                                                                   Vice-President
(') OJ No L 164, 24. 6. 1985, p. 1 .
0 OJ No L 153, 13. 6. 1987, p. 1 .
(3) OJ No L 164, 24. 6. 1985, p. 6.
(j OJ No L 182, 3. 7. 1987, p. 1 .
0   OJ No  L   304, 30 . 10 . 1986, p. 25 .
(«) OJ No  L   294, 17. 10. 1987,   p. 11 .
0   OJ No  L   310, 21 . 11 . 1985, p. 4.
 8) OJ No  L   186, 6. 7. 1987, p.   1.
 ---pagebreak--- 24. 10 . 87 Official Journal of the European Communities    No L 301 /37
                                  ANNEX
             Specific agricultural conversion rate (or rice
                      (Regulation (EEC) No 3294/86)
                       1 ECU = Bfs        48,2869
                               = DM        2,34113
                               = Dkr       8,93007
                               = Dr      179,676
                               = Pta     153,288
                               = FF        7,85183
                               = £ Irl     0,873900
                               = Lit   1 690,42
                               = F1        2,63785
                               =£          0,781472