CELEX: 31992R2643
Language: en
Date: 1992-09-12 00:00:00
Title: Commission Regulation (EEC) No 2643/92 of 10 September 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

12. 9 . 92                                  Official Journal of the European Communities                             No L 266/5
                                          COMMISSION REGULATION (EEC) No 2643/92
                                                        of 10 September 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 COMMUNITIES,                           compensatory amounts, from this time forth defined as
Having regard to the Treaty establishing the European                 representative market rates, are to be used for the conver­
Economic Community,                                                   sion into ecus of the amounts relating to world market
                                                                      data and expressed in the national currency of a Member
Having regard to Council Regulation (EEC) No 1677/85                  State ; whereas, pursuant to Article 6a of Regulation (EEC)
of 11 June 1985 on monetary compensatory amounts in                   No 1677/85 and without prejudice to Article 7 (2) of
agriculture ('), as last amended by Regulation (EEC) No               Commission Regulation (EEC) No 3578/88 of 17
2205/90 (2), and in particular Articles 9 and 6a thereof,             November 1988 laying down detailed rules for the appli­
Whereas the monetary compensatory amounts introduced                  cation of the system for the automatic dismantlement of
by Regulation (EEC) No 1677/85 were fixed by Commis­                  negative monetary compensatory amounts (9), as last
sion Regulation (EEC) No 1641 /91 (3), as last amended by             amended by Regulation (EEC) No 3137/91 (10), those rates
Regulation (EEC) No 2502/92 (4), on the basis of the                  are to be the agricultural conversion rates applying to
central rates and, for certain Member States, on the basis            pigmeat ; whereas, pursuant to Article 2 (4) of Council
of the exchange rates referred to in Article 3 of Commis­             Regulation (EEC) No 1676/85 ("), as last amended by
sion Regulation (EEC) No 3153/85 of 11 November 1985                  Regulation (EEC) No 2205/90, those rates are also to be
laying down detailed rules for the calculation of monetary            used for the conversion of certain other agricultural
compensatory amounts (*), as last amended by Regulation               amounts ; whereas the rates in question should be fixed to
(EEC) No 3672/89 (6) ;                                                make it easier to use them,
Whereas the spot market rates recorded as provded for in              HAS ADOPTED THIS REGULATION :
Regulation (EEC) No 3153/85 during the period 2 to 8
September 1992 for the Spanish peseta lead, pursuant to                                        Article 1
Article 9 (2) of Regulation (EEC) No 1677/85, to an
adjustment of the monetary differences calculated for                 The representative market rates referred to in Article 3a of
Spain ;                                                               Regulation (EEC) No 3152/85, to be applied for certain
Whereas, in accordance with Article 3a of Commission                  amounts in the context of the common agricultural policy
Regulation (EEC) No 3152/85 of 11 November 1985                       and used to fix or, where appropriate, to adjust the mone­
laying down detailed rules for the application of Regula­             tary compensatory amounts, shall be set out in the Annex
                                                                      hereto .
tion (EEC) No 1676/85 on the value of the unit of
account and the conversion rates to be applied for the                                          Article 2
purposes of the common agricultural policy f), as last
amended by Regulation (EEC) No 3237/90 (8), the rates                 This Regulation shall enter into force on 14 September
used to fix or, where appropriate, adjust the monetary                 1992.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                    States.
                    Done at Brussels, 10 September 1992.
                                                                                For the Commission
                                                                                 Ray MAC SHARRY
                                                                            Member of the Commission
(') OJ  No L   164,   24. 6. 1985, p. 6.
(2) OJ  No L   201 ,  31 . 7. 1990, p. 9.
(3) OJ  No L   153,   17. 6. 1991 , p. 1 .
0)  OJ  No L   255,   1 . 9. 1992, p. 1 .
0   OJ  No L   310,   21 . 11 . 1985, p. 4.
if) OJ No L 358, 8. 12. 1989, p. 28.                                  O OJ No L 312, 18. 11 . 1988 , p. 16.
O OJ No L 310, 21 . 11 . 1985, p. 1 .                                 H OJ No L 297, 29. 10. 1991 , p. 17.
 8) OJ No L 310, 9. 11 . 1990, p. 18 .                                (") OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 266/6                     Official Journal of the European Communities                     12. 9. 92
                                                     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              58,8580          55,2545            48,5563
               Dkr           0,509801             10,8851          10,2186             8,97989
               DM            0,133650              2,85364          2,67893            2,35418
                FF           0,448246              9,57077          8,98480            7,89563
                F1           0,150590              3,21533          3,01847            2,65256
               £ Irl         0,0498894             1,06522                             0,878776
                 £           0,0468349                              0,938775           0,824973
                Lit                            2 135,16         2 004,44           1 761,45
                Dr          16,3666              349,453          328,057            288,289
                Esc         11,5483              246,575          231,479            203,418
                Pta          8,56698             182,919          171,720            150,903