CELEX: 31989R2654
Language: en
Date: 1989-09-01 00:00:00
Title: Commission Regulation (EEC) No 2654/89 of 31 August 1989 altering the specific agricultural conversion rates applicable in the rice sector

No L 255/62                              Official Journal of the European Communities                                1 . 9. 89
                                      COMMISSION REGULATION (EEC) No 2654/89
                                                       of 31 August 1989
                     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 rate for the Greek
Economic Community,                                                drachma, the Spanish peseta, the Italian lira and the
Having regard to Council Regulation (EEC) No 1676/85               pound sterling, recorded in accordance with Regulation
of 11 June 1985 on the value of the unit of account and            (EEC) No 3153/85 during the period 23 to 29 August
the conversion rates to be applied for the purposes of the         1989, requires the specific agricultural conversion rates
common agricultural policy ('), as last amended by Regu­           applicable for Grcece, Spain, Italy and the United
lation (EEC) No 1636/87 (2), and in particular Article 2 (4)       Kingdom to be altered pursuant to Article 9 (2) of Regula­
thereof,                                                           tion (EEC) No 1677/85,
Having regard to Council Regulation (EEC) No 1677/85
of 11 June 1985 on monetary compensatory amounts in                HAS ADOPTED THIS REGULATION :
agriculture (3), as last amended by Regulation (EEC) No
1889/87 (4), and in particular Article d (2) thereof,                                       Article 1
Whereas by Commission Regulation (EEC) No                          The Annex to Regulation (EEC) No 3294/86 is replaced
3294/86 0, as last amended by Regulation (EEC) No                  by the Annex hereto.
2473/89 0, 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 f), as             This Regulation shall enter into force on 1 September
last amended by Regulation (EEC) No 3521 /88 (8) ;                  1989.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States.
                   Done at Brussels, 31 August 1989.
                                                                            For the Commission
                                                                              Ray MAC SHARRY
                                                                        Member of the Commission
(') OJ  No L   164, 24. 6. 1985, p. 1 .
(2) OJ  No L   153,  13. 6. 1987, p. 1 .
0   OJ  No L   164, 24. 6. 1985, p. 6.
0   OJ  No L   182, 3. 7. 1987, p. 1 .
Is) OJ No L 304, 30. 10. 1986, p. 25.
(«) OJ No L 235, 12. 8 . 1989, p. 9.
0 OJ No L 310, 21 . 11 . 1985, p. 4.
 8 OJ No L 307, 12. 11 . 1988, p. 28 .
 ---pagebreak--- 1 . 9. 89 Official Journal of the European Communities    No L 255/63
                               ANNEX
           Specific agricultural conversion rate for rice
                    (Regulation (EEC) No 3294/86)
                    ECU 1    =  Bfs     48,2869
                             =  DM       2,34113
                                Dkr      8^3007
                             =  Dr     200,196
                             =  Pta    145,404
                                FF       7,85183
                             =  £Irl     0,873900
                             =  Lit  1 668,54
                             =  F1       2,63785
                             =  £        0,756792