CELEX: 31991R1642
Language: en
Date: 1991-06-17 00:00:00
Title: Commission Regulation (EEC) No 1642/91 of 14 June 1991 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

17. 6 . 91                                Official Journal of the European Communities                          No L 153/91
                                         COMMISSION REGULATION (EEC) No 1642/91
                                                           of 14 June 1991
                   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                                        compensatory amounts, from this time forth defined as
COMMUNITIES,                                                          representative market rates, are to be used for the
Having regard to the Treaty establishing the European                 conversion into ecus of the amounts relating to world
Economic Community,                                                   market data and expressed in the national currency of a
                                                                      Member State; whereas, pursuant to Article 2 (4) of
Having regard to Council Regulation (EEC) No.                         Council Regulation (EEC) No 1676/85 ($), as last
 1677/85 of 11 June 1985 on monetary compensatory                     amended by Regulation (EEC) No 2205/90, those rates
amounts in agriculture ('), as last amended by Regulation             are also to be used for the conversion of certain other
(EEC) No 2205/90 (*), and in particular Article 9                     agricultural amounts ; whereas the rates in question
thereof,                                                              should be fixed to make it easier to use them ;
Whereas the monetary compensatory amounts                            Whereas the measures provided for in this Regulation
introduced by Regulation (EEC) No 1677/85 were fixed                  are in accordance with the opinion of the relevant
by Commission Regulation (EEC) No 1641 /91 (J), on                    management committees,
the basis of the central rates and, for certain Member
States, on the basis of the exchange rates referred to in             HAS ADOPTED THIS REGULATION :
Article 3 of Commission Regulation (EEC) No 3153/85
of 11 November 1985 laying down detailed rules for the                                         Article 1
calculation of monetary compensatory amounts (4), as
last amended by Regulation (EEC) No 3672/89 (5);                     The representative market rates referred to in Article 3a
                                                                      of Regulation (EEC) No 3152/85, to be applied for
Whereas, in accordance with Article 3a of Commission                  certain amounts in the context of the common agri­
Regulation (EEC) No 3152/85 of 11 November 1985                       cultural policy and used to fix or, where appropriate, to
laying down detailed rules for the application of Regu­               adjust the monetary compensatory amounts, are set out
lation (EEC) No 1676/ 85 on the value of the unit of                  in the Annex hereto.
account and the conversion rates to be applied for the
purposes of the common agricultural policy (®), as last                                        Article 2
amended by Regulation (EEC) No 3237/90 (7), the rates
used to fix or, where appropriate, adjust the monetary               This Regulation shall enter into force on 17 June 1991 .
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                   States .
                  Done at Brussels, 14 June 1991 .
                                                                                        For the Commission
                                                                                        Ray MAC SHARRY
                                                                                    Member ofthe Commission
(l) OJ No L 164, 24. 6. 1985, p. 6.
O OJ No I 201 , 31 . 7. 1990, p. 9.
(J) See page 1 of this Official Journal.
(4) OJ   No L 310,  21 . 11 . 1985, p. 4.
O   OJ   No L 358,  8. 12. 1989, p. 28 .
C)  OJ   No L 310,  21 . 11 . 1985, p. 1 .
(') OJ   No L 310,  9. 11 . 1990, p. 18.                             (•) OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 153 / 92                         Official Journal of the European Communities                                17 . 6. 91
                                                               ANNEX
              Representative market rates to be applied for certain amounts in the context of the common agricul­
                   tural policy and, in particular, for the calculation of the monetary compensatory amounts
                                    100 Lit                   1 £                 1 £ Irl             1 ECU
                Bfrs/Lfrs           2,75661                60,8582               55,2545             48,5563
                  Dkr               0,509801               11,2550               10,2186              8,97989
                  DM                0,133650                2,95062               2,67893             2,35418
                   FF               0,448246                9,89602               8,98480             7,89563
                    F1              0,150590                3,32460               3,01847             2,65256
                  £ Irl             0,0498894               1,10142                 —
                                                                                                      0,878776
                    £               0,0452956                 —
                                                                                  0,907921            0,797859
                   Lit                —
                                                       2 207,72               2 004,44            1 761,45
                   Dr              14,6230                322,835               293,109             257,577
                   Esc             11,6758                257,770               234,035             205,664
                   Pta              8,27511               182,691               165,869             145,762