CELEX: 31992R2983
Language: en
Date: 1992-10-19 00:00:00
Title: Commission Regulation (EEC) No 2983/92 of 15 October 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 and the agricultural conversion rates for the pigmeat sector in Italy and the United Kingdom

19. 10. 92                                  Official Journal of the European Communities                            No L 303 /49
                                          COMMISSION REGULATION (EEC) No 2983/92
                                                            of 15 October 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 and the agricultural conversion rates for the pigmeat sector in
                                                      Italy and the United Kingdom
THE COMMISSION OF THE EUROPEAN                                          Member State ; whereas, pursuant to Article 6a of Regu­
COMMUNITIES,                                                            lation (EEC) No 1677/85 and without prejudice to
                                                                        Article 7 (2) of Commission Regulation (EEC) No
                                                                        3578/88 of 17 November 1988 laying down detailed
                                                                        rules for the application of the system for the automatic
Having regard to the Treaty establishing the European                   dismandement of negative monetary compensatory
Economic Community,                                                     amounts ('), as last amended by Regulation (EEC) No
                                                                        3137/91 (10), those rates are to be the agricultural
                                                                        conversion rates applying to pigmeat; whereas, pursuant
                                                                        to Article 2 (4) of Council Regulation (EEC) No
                                                                         1676/85 ("), as last amended by Regulation (EEC) No
Having regard to Council                Regulation (EEC) No             2205/90, those rates are also to be used for the
 1677/85 of 11 June 1985 on             monetary compensatory           conversion of certain other agricultural amounts ;
amounts in agriculture (l), as          last amended by Regu­           whereas the rates in question should be fixed to make it
lation (EEC) No 2205/90                (2), and in particular           easier to use them,
Article 9 (2) thereof,
                                                                        HAS ADOPTED THIS REGULATION :
Whereas       the     monetary         compensatory        amounts
introduced by Regulation (EEC) No 1677/ 85 were fixed
by Commission Regulation (EEC) No 1641 /91 (J), as
last amended by Regulation (EEC) No 2982/92 (4), on                                                Article 1
the basis of the central rates and, for certain Member
                                                                        The representative market rates referred to in Article 3a
States, on the basis of the exchange rates referred to in               of Regulation (EEC) No 3152/85, to be applied for
Article 3 of Commission Regulation (EEC) No 3153/85                     certain amounts in the context of the common agri­
of 11 November 1985 laying down detailed rules for the                  cultural polity and used to fix or, where appropriate, to
calculation of monetary compensatory amounts (')> as                    adjust the monetary compensatory amounts, are set out
last amended by Regulation (EEC) No 3672/89 (');                        in the Annex hereto.
Whereas, in accordance with Article 3a of Commission                                               Article 2
Regulation (EEC) No 3152/85 of 11 November 1985
laying down detailed rules for the application of Regu­                 The agricultural conversion rates for the pigmeat sector
                                                                        is fixed :
lation (EEC) No 1676/85 on the value of the unit of
account and the conversion rates to be applied for the                  — in Italy at ECU 1 = 1 931,48 Italian lira,
purposes of the common agricultural policy (')> as last                 — in the United Kingdom at ECU 1 « 0,874575 pound
amended by Regulation (EEC) No 3237/90 (•), the                              sterling.
rates used to fix or, where appropriate, adjust the
monetary compensatory amounts, from this time forth
defined as representative market rates, are to be used for
the conversion into ecus of the amounts relating to world                                          Article 3
market data and expressed in the national currency of a
                                                                        This Regulation shall enter into force on 19 October
o oj No L 164, 24. 6. 1985„ p. 6.                                       1992.
O OJ No L 201 , 31 . 7. 1990, p. 9.
O OJ No L 153, 17. 6. 1991 , p. 1 .
(4) See page 1 of this Official Journal.
0)  OJ  No  L 310,  21 . 11 . 1985, p. 4.
(') OJ  No  L 358,  8. 12. 1989, p. 28.                                  C) OJ No L 312, 18 . 11 . 1988, p. 16.
O   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--- No L 303 /50                     Official Journal of the European Communities                       19. 10 . 92
             This Regulation shall be binding in its entirety and directly applicable in all Member
             States.
             Done at Brussels, 15 October 1992.
                                                                             For the Commission
                                                                             Ray MAC SHARRY
                                                                          Member ofthe Commission
 ---pagebreak--- 19 . 10 . 92                        Official Journal of the European Communities                              No L 303/51
                                                           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          2,38384              53,3150               55,2545          48,5563
                 Dkr              0,440863              9,85996              10,2186           8,97989
                 DM               0,115577              2,58490               2,67893          2,35418
                  FF              0,387632              8,66944                8,98480         7,89563
                   F1             0,130226              2,91252               3,01847          2,65256
                 £ Irl            0,0431430             0,964900                 —             0,878776
                   £              0,0447124               —                    1,03638         0,910743
                  Lit               —               2 236,51              2 317,87         2 036,89
                  Dr             14,4976              324,242               336,037          295,301
                  Esc            10,0275              224,267               232,426          204,250
                  Pta             7,97868             178,444               184,936          162,517