CELEX: 31990R3067
Language: en
Date: 1990-10-29 00:00:00
Title: Commission Regulation (EEC) No 3067/90 of 25 October 1990 fixing the market conversion 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

29 . 10 . 90                             Official Journal of the European Communities                         No L 298 / 39
                                      COMMISSION REGULATION (EEC) No 3067/90
                                                       of 25 October 1990
                 fixing the market conversion rates to be applied for certain amounts in the context of die
                 common agricultural policy and, in particular, for the calculation of the monetary
                                                      compensatory amounts                              «
THE COMMISSION OF THE EUROPEAN                                      amended by Regulation (EEC) No 2300/89 (8), the rates
COMMUNITIES,                                                       used to fix or, where appropriate, adjust the monetary
                                                                   compensatory amounts, from this time forth defined as
Having regard to the Treaty establishing the European               market conversion rates, are to be used for the
Economic Community,                                                 conversion into ecus of the amounts relating to world
Having regard to Council Regulation (EEC) No                        market data and expressed in the national currency of a
 1677/85 of 11 June 1985 on monetary compensatory                   Member State ; whereas, pursuant to Article 2 (4) of
amounts in agriculture ('), as last amended by Regulation           Council Regulation (EEC) No 1676/ 85 ('), as last
(EEC) No 2205/90 (2), and in particular Article 9 (2)               amended by Regulation (EEC) No 2205/90, those rates
thereof,                                                            are also to be used for the conversion of certain other
                                                                    agricultural amounts ; whereas the rates in question
Whereas the monetary compensatory amounts                          should be fixed to make it easier to use them,
introduced by Regulation (EEC) No 1677/85 are fixed
by Commission Regulation (EEC) No 1207/90 (3), as                   HAS ADOPTED THIS REGULATION :
last amended by Regulation (EEC) No 3066/90 (4), on
the basis of the central rates and, for certain Member                                      Article 1
States, on the basis of the exchange rates referred to in
Article 3 of Commission Regulation (EEC) No 3153/85                The market conversion rates referred to in Article 3 a of
of 11 November 1985 laying down detailed rules for the             Regulation (EEC) No 3152/85, to be applied for certain
calculation of monetary compensatory amounts (s)» as               amounts in the context of the common agricultural
last amended by Regulation (EEC) No 3672/ 89 (6);                  policy and used to fix or, where appropriate, to adjust
                                                                   the monetary compensatory amounts, shall be set out in
Whereas, in accordance with Article 3a of Commission               the Annex hereto .
Regulation (EEC) No 3152/85 of 11 November 1985
laying down detailed rules for the application of Regu­                                     Article 2
lation (EEC) No 1676/ 85 on the value of the unit of
account and the conversion rates to be applied for the             This Regulation shall enter into force on 29 October
purposes of the common agricultural policy (7), as last             1990 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States.
                 Done at Brussels, 25 October 1990.
                                                                                    For the Commission
                                                                                     Ray MAC SHARRY
                                                                                 Member ofthe Commission
o   OJ No L 164, 24. 6. 1985, p. 6.
O   OJ No L 201 , 31 . 7. 1990, p. 9.
O   OJ No L 122, 14. 5. 1990, p. 1 .
(4) See page 1 of this Official Journal.
O   OJ No L 310, 21 . 11 . 1985, p. 4.
C)  OJ No L 358,« 8 . 12. 1989, p. 28 .                            (*) OJ No L 220, 29. 7. 1989, p. 8 .
O   OJ No L 310, 21 . 11 . 1985, p. 1 .                            O OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 298 /40                         Official Journal of the European Communities                                29. 10 . 90
                                                              ANNEX
             Market conversion 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
                                   100 Lit                   1 £                1 £ Irl             1 ECU
              Bfrs/Lfrs            2,75661               60,8248               55,2545             48,5563
                 Dkr               0,509801               11,2488              10,2186              8,97989
                 DM                0,133650                2,94900              2,67893             2,35418
                  FF               0,448246                9,89058              8,98480             7,89563
                  F1               0,150590                3,32277              3,01847             2,65256
                 £ Irl             0,0498894               1,10081                —
                                                                                                    0,878776
                  £                0,0453205                 —
                                                                                0,908420            0,798298
                  Lit                —
                                                      2 206,51              2 004,44            1 761,45
                  Dr              13,4934               297,732               270,466             237,679
                 Esc              11,8468               261,401               237,462             208,676
                 Pta               8,44571              186,355               169,289             148,767