CELEX: 31989R1621
Language: en
Date: 1989-06-10 00:00:00
Title: Commission Regulation (EEC) No 1621/89 of 9 June 1989 altering the specific agricultural conversion rates applicable in the rice sector

10 . 6. 89                                  Official Journal of the European Communities                            No L 159/ 17
                                       COMMISSION REGULATION (EEC) No 1621/89
                                                            of 9 June 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 pound
Economic Community,                                                    sterling and the Spanish peseta, recorded in accordance
Having regard to Council Regulation (EEC) No 1676/85                   with Regulation (EEC) No 3153/85 during the period 31
of 11 June 1985 on the value of the unit of account and                May to 6 June 1989 requires the specific agricultural
the conversion rates to be applied for the purposes of the             conversion rates applicable for the United Kingdom and
common agricultural policy ('), as last amended by Regu­               Spain to be altered pursuant to Article 9 (2) of Regulation
lation (EEC) No 1636/87 (2), and in particular Article 2 (4)           (EEC) No 1677/85,
thereof,
Having regard to Council Regulation (EEC) No 1677/85                   HAS ADOPTED THIS REGULATION :
of 11 June 1985 on monetary compensatory amounts in
agriculture (3), as last amended by Regulation (EEC) No
1 889/87 (4), and in particular Article 9 (2) thereof,                                          Article 1
Whereas by Commission Regulation (EEC) No
3294/86 (*), as last amended by Regulation (EEC) No                    The Annex to Regulation (EEC) No 3294/86 is replaced
1 540/89 (6), specific agricultural conversion rates to be             by the Annex hereto.
applied in the rice sector were established ; whereas those
conversion rates must be altered pursuant to Articles 2                                         Article 2
and 3 of Commission Regulation (EEC) No 3153/85 Q, as
last amended by Regulation (EEC) No 3521 /88 (8) ;                     This Regulation shall enter into force on 12 June 1989.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States.
                   Done at Brussels, 9 June 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 .
 3) OJ  No  L  164,  24. 6. 1985, p. 6 .
 4) OJ  No  L  182,  3 . 7. 1987, p. 1 ;
 *) OJ  No  L  304,  30. 10 . 1986, p. 25.
 6) OJ  No  L  151 , 3. 6. 1989, p. 10 .
 ^  OJ  No  L  310,  21 . 11 . 1985, p. 4.
 8) OJ  No  L  307,  12. 11 . 1988, p. 28 .
 ---pagebreak--- No L 159/ 18 Official Journal of the European Communities    10 . 6. 89
                                   ANNEX
              Specific agricultural conversion rate for rice
                       (Regulation (EEC) No 3294/86)
                      ECU 1 = Bfs          48,2869
                              = DM          2,34113
                              = Dkr         8,93007
                              = Dr        197,365
                              = Pta       148,199
                              = FF          7,85183
                              = £Irl        0,873900
                              = Lit     1 693,30
                              = F1          2,63785
                              =£            0,745954