CELEX: 31992R1818
Language: en
Date: 1992-07-06 00:00:00
Title: Commission Regulation (EEC) No 1818/92 of 2 July 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

No L 186/52                                   Official Journal of the European Communities                                 6 . 7 . 92
                                            COMMISSION REGULATION (EEC) No 1818/92
                                                               of 2 July 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                                           lation (EEC) No 1677 /85 and without prejudice to
COMMUNITIES ,                                                            Article 7 (2) of Commission Regulation (EEC) No
Having regard to the Treaty establishing the European                    3578/ 88 of 17 November 1988 laying down detailed
Economic Community,                                                      rules for the application of the system for the automatic
                                                                         dismantlement of negative monetary compensatory
Having regard to Council Regulation (EEC) No                             amounts (9), as last amended by Regulation (EEC) No
1677/85 of 11 June 1985 on monetary compensatory                         3137/91 (10), those rates are to be the agricultural
amounts in agriculture ('), as last amended by Regu­                     conversion rates applying to pigmeat; whereas, pursuant
lation (EEC) No 2205/90 (2),, and in particular                          to Article 2 (4) of Council Regulation (EEC) No
Articles 9 and 6a thereof,                                                1676/85 ("), as last amended by Regulation (EEC) No
                                                                         2205/90, those rates are also to be used for the
Whereas the monetary compensatory amounts                                conversion of certain other agricultural amounts ;
introduced by Regulation (EEC) No 1677/85 were fixed                     whereas the rates in question should be fixed to make it
by Commission Regulation (EEC) No 1641 /91 (J), as                       easier to use them ;
last amended by Regulation (EEC) No 1817/92 (4), on
the basis of the central rates and, for certain Member                   Whereas the measures provided for July in this Regu­
States, on the basis of the exchange rates referred to in                lation are in accordance with the opinion of the relevant
Article 3 of Commission Regulation (EEC) No 3153/85                      management committees,
of 11 November 1985 laying down detailed rules for the                   HAS ADOPTED THIS REGULATION :
calculation of monetary compensatory amounts (s), as
last amended by Regulation (EEC) No 3672 /89 (4);                                                   Article 1
Whereas, in accordance with Article 3a of Commission                     The representative market rates referred to in Article 3a
Regulation (EEC) No 3152/85 of 11 November 1985                          of Regulation (EEC) No 3152/85, to be applied for
laying down detailed rules for the application of Regu­                  certain amounts in the context of the common agri­
lation (EEC) No 1676/ 85 on the value of the unit of                     cultural policy and used to fix or, where appropriate, to
account and the conversion rates to be applied for the                   adjust the monetary compensatory amounts, are set out
purposes of the common agricultural policy (7), as last                  in the Annex hereto .
amended by Regulation (EEC) No 3237/90 ('), the
rates used to fix or, where appropriate, adjust the                                                 Article 2
monetary compensatory amounts, from this time forth                      This Regulation shall enter into force on the day of its
defined as representative market rates, are to be used for               publication in the Official Journal 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                  It shall apply from 1 July 1992 .
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                    States .
                    Done at Brussels, 2 July 1992.
                                                                                           For the Commission
                                                                                           Ray MAC SHARRY
                                                                                        Member ofthe Commission
 ') OJ No L 164, 24 . 6 . 1985, p. 6.
 ') OJ No L 201 , 31 . 7 . 1990, p. 9.
 *) OJ No L 153 , 17 . 6 . 1991 , p. 1 .
 4) See page 1 of this Official Journal.
 s) OJ  No L  310,   21 . 11 . 1985, p. 4 .
 *) OJ  No L  358 ,  8 . 12 . 1989, p. 28 .                               O OJ No L 312, 18 . 11 . 1988 , p. 16 .
 0  OJ  No L  310,   21 . 11 . 1985, p. 1 .                              (10) OJ No L 297, 29. 10 . 1991 , p. 17 .
 •) OJ  No L  310,   9. 11 . 1990, p. 18 .                               (") OJ No L 164, 24. 6. 1985 , p. 1 .
 ---pagebreak--- 6 . 7. 92                        Official Journal of the European Communities                               No L 186/53
                                                        ANNEX
          Conversion rates used for the calculation of monetary compensatory amounts and to be. applied for
                                       certain amounts in the agricultural sector
                               100 Lit                 1 £                  1 £ Irl         1 ECU
            Bfrs/Lfrs          2,75661              60,1765               55,2545          48,5563
              Dkr              0,509801             11,1289               10,2186           8,97989
              DM               0,133650              2,91757               2,67893          2,35418
               FF              0,448246              9,78516                8,98480         7,89563
                F1             0,150590              3,28735               3,01847          2,65256
              £ Irl            0,0498894             1,08908                                0,878776
                £              0,0458087                                   0,918207         0,806898
               Lit                               2 182,99              2 004,44         1 761,45
               Dr             16,1971              353,581               324,661          285,304
               Esc            11,0865              242,017               222,222          195,283
               Pta             8,40580             183,498               168,489          148,064