CELEX: 31997R1944
Language: en
Date: 1997-10-03 00:00:00
Title: COMMISSION REGULATION (EC) No 1944/97 of 3 October 1997 fixing, for September 1997, the specific agricultural conversion rate for the amount of the reimbursement of storage costs in the sugar sector

4. 10 . 97            I EN I            Official Journal of the European Communities                              L 272/43
                                      COMMISSION REGULATION (EC) No 1944/97
                                                      of 3 October 1997
                   fixing , for September 1997 , 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;
                                                                  whereas that specific rate must be fixed each month for
Having regard to the Treaty establishing the European
                                                                  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 September 1997, of the specific agricultural
                                                                  conversion rate for the amount of the reimbursement of
markets in the sugar sector ('), as last amended by Regula­
tion (EC) No 1599/96 (2),                                         storage costs in the various national currencies as indi­
                                                                  cated in the 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 150/95 (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 (5), as last amended by Regulation (EC)              referred to in Article 8 of Regulation (EEC) No 1785/81
No 59/97 (6), and in particular Article 1 (3) thereof,            into each of the national currencies for September 1997
                                                                  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 October 1997 .
using a specific agricultural conversion rate equal to the
average, calculated pro rata temporis, of the agricultural        It shall apply with effect from 1 September 1997.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States .
                   Done at Brussels, 3 October 1997 .
                                                                            For the Commission
                                                                              Franz FISCHLER
                                                                        Member of the Commission
(')  OJ L 177, 1 . 7. 1981 , p. 4.
(2)  OJ L 206, 16. 8 . 1996, p. 43 .
(■') OJ L 387, 31 . 12 . 1992, p. 1 .
(4)  OJ L 22, 31 . 1 . 1995, p. 1 .
0    OJ L 159, 1 . 7. 1993 , p. 94 .
(<)  OJ L 14, 17 . 1 . 1997, p. 25 .
 ---pagebreak--- L 272/44   | EN |             Official Journal of the European Communities                        4 . 10 . 97
                                                      ANNEX
         to the Commission Regulation of 3 October 1997 fixing, for September 1997, the specific
         agricultural conversion rate for the amount of the reimbursement of storage costs in the
                                                   sugar sector
                                             Agricultural conversion rates
                        ECU 1 =        40,9321          Belgian and Luxembourg francs
                                        7,54917         Danish kroner
                                        1,98243         German marks
                                      312,011           Greek drachmas
                                      167,153           Spanish pesetas
                                        6,68769         French francs
                                        0,759189        Irish punt
                                    1 973,93            Italian lire
                                        2,23273         Dutch guilders
                                       13,9485          Austrian schillings
                                      200,321           Portuguese escudos
                                        6,02811         Finnish marks
                                        8,88562         Swedish kroner
                                        0,695735        Pound sterling