CELEX: 31996R0994
Language: en
Date: 1996-06-03 00:00:00
Title: COMMISSION REGULATION (EC) No 994/96 of 3 June 1996 fixing, for May 1996, the specific agricultural conversion rate for the amount of the reimbursement of storage costs in the sugar sector

4. 6 . 96          I EN I               Official Journal of the European Communities                            No L 133/ 11
                                      COMMISSION REGULATION (EC) No 994/96
                                                        of 3 June 1996
                 fixing, for May 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;
Having regard to the Treaty establishing the European             whereas that specific rate must be fixed each month for
                                                                  the previous month;
Community,
Having regard to Council Regulation (EEC) No 1785/81              Whereas application of these provisions will lead to the
of 30 June 1981 on the common organization of the                 fixing, for May 1996, of the specific agricultural conver­
markets in the sugar sector ('), as last amended by Regula­       sion rate for the amount of the reimbursement of storage
                                                                  costs in the various national currencies as indicated in the
tion (EC) No 1 101 /95 (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
conversion rates to be applied for the purposes of the            HAS ADOPTED THIS REGULATION:
common agricultural policy (3), as last amended by Regu­
lation (EC) No 1 50/95 (4),                                                                 Article 1
Having regard to Commission Regulation (EEC)
No 1713/93 of 30 July 1993 establishing special detailed          The specific agricultural conversion rate to be used to
rules for applying the agricultural conversion rate in the        convert the amount of the reimbursement of storage costs
sugar sector (*), as last amended by Regulation (EC)              referred to in Article 8 of Regulation (EEC) No 1785/81
No 2926/94 (*), and in particular Article 1 (3) thereof,          into each of the national currencies for May 1996 shall be
                                                                  as indicated in the Annex hereto.
Whereas Article 1 (2) of Regulation (EEC) No 1713/93
provides that the amount of the reimbursement of storage                                    Article 2
costs referred to in Article 8 of Regulation (EEC)
No 1785/81 is to be converted into national currency              This Regulation shall enter into force on 4 June 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 May 1996.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States.
                 Done at Brussels, 3 June 1996.
                                                                            For the Commission
                                                                              Franz FISCHLER
                                                                       Member of the Commission
(') OJ No L 177, 1 . 7. 1981 , p. 4.
(2) OJ No L 110, 17. 5. 1995, p. 1 .
V) 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.
(<) OJ No L 307, 1 . 12. 1994, p. 56.
 ---pagebreak--- No L 133/ 12     EN               Official Journal of the European Communities                           4. 6. 96
                                                         ANNEX
             to the Commission Regulation of 3 June 1996 fixing, for May 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
                                           1,90834         German marks
                                         311,761           Greek drachmas
                                         165,198           Spanish pesetas
                                           6,61023         French francs
                                           0,829498        Irish punt
                                       2 030,40            Italian lire
                                           2,14021         Dutch guilders
                                          13,4253         Austrian schillings
                                         198,202           Portuguese escudos
                                           6,01637         Finnish marks
                                           8,93762        Swedish kroner
                                           0,856563       Pound sterling