CELEX: 31992R3335
Language: en
Date: 1992-11-19 00:00:00
Title: Commission Regulation (EEC) No 3335/92 of 18 November 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

No L 335 /46                                 Official Journal of the European Communities                               19 . 11 . 92
                                            COMMISSION REGULATION (EEC) No 3335/92
                                                            of 18 November 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                                         defined as representative market rates, are to be used for
  COMMUNITIES,                                                           the conversion into ecus of the amounts relating to world
                                                                         market data and expressed in the national currency of a
                                                                         Member State; whereas, pursuant to Article 6a of Regu­
                                                                         lation (EEC) No 1677/ 85 and without prejudice to
                                                                         Article 7 (2) of Commission Regulation (EEC) No
  Having regard to the Treaty establishing the European                  3578 / 88 of 17 November 1988 laying down detailed
  Economic Community,                                                    rules for the application of the system for the automatic
                                                                         dismantlement of negative monetary compensatory
                                                                         amounts ('), as last amended by Regulation (EEC) No
                                                                         3137/91 (i0), those rates are to be the agricultural
                                                                         conversion rates applying to pigmeat; whereas, pursuant
  Having regard to Council                Regulation (EEC) No            to Article 2 (4) of Council Regulation (EEC) No
  1677/ 85 of 11 June 1985 on             monetary compensatory          1676/85 ("), as last amended by Regulation (EEC) No
  amounts in agriculture (*), as          last amended by Regu­          2205 /90, those rates are also to be used for the
  lation (EEC) No 2205 /90               (2), and in particular          conversion of certain other agricultural amounts ;
  Article 9 ( 1 ) thereof,                                               whereas the rates in question should be fixed to make it
                                                                         easier to use them ;
  Whereas      the     monetary          compensatory      amounts
  introduced by Regulation (EEC) No 1677/85 were fixed                   Whereas the measures provided for in this Regulation
  by Commission Regulation (EEC) No 1641 /91 (3), as                     are in accordance with the opinion of the relevant
  last amended by Regulation (EEC) No 3334/92 (4), on                    management committees,
  the basis of the central rates and, for certain Member
  States, on the basis of the exchange rates referred to in
  Article 3 of Commission Regulation (EEC) No 3153/85
  of 11 November 1985 laying down detailed rules for the
  calculation of monetary compensatory amounts (5), as                   HAS ADOPTED THIS REGULATION :
  last amended by Regulation (EEC) No 3672/89 (');
                                                                                                   Article 1
  Whereas, in accordance with Article 3a of Commission                   The representative market rates referred to in Article 3a
  Regulation (EEC) No 3152/85 of 11 November 1985                        of Regulation (EEC) No 3152/85, to be applied for
  laying down detailed rules for the application of Regu­                certain amounts in the context of the common agri­
  lation (EEC) No 1676/85 on the value of the unit of                    cultural policy and used to fix or, where appropriate, to
i account and the conversion rates to be applied for the                 adjust the monetary compensatory amounts, are set out
  purposes of the common agricultural policy (7)> as last                in the Annex hereto.
  amended by Regulation (EEC) No 3237/90 (4), the
  rates used to fix or, where appropriate, adjust the
  monetary compensatory amounts, from this time forth
                                                                                                   Article 2
   ') OJ No L 164, 24. 6. 1985, p. 6.
   2) OJ No L 201 , 31 . 7. 1990 , p . 9.                                This Regulation shall enter into force on 19 November
                                                                         1992 .
   ») OJ No L 153, 17. 6. 1991 , p. 1 .
   4) See page 1 of this Official Journal.
   s) OJ No L 310, 21 . 11 . 1985, p. 4.
   4) OJ No L 358 , 8 . 12. 1989, p. 28 .                                 O OJ No L 312, 18 . 11 . 1988, p. 16.
   7) 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--- 19 . 11 . 92                     Official Journal of the European Communities                       No L 335 / 47
             This Regulation shall be binding in its entirety and directly applicable in all Member
             States .
             Done at Brussels, 18 November 1992 .
                                                                             For the Commission
                                                                             Ray MAC SHARRY
                                                                          Member ofthe Commission
 ---pagebreak--- No L 335 /48                        Official Journal of the European Communities                              19 . 11 . 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          2,49320              51,6053               55,2545          48,5563
                 Dkr              0,461086              9,54376              10,2186           8,97989
                 DM               0,120879              2,50201               2,67893          2,35418
                  FF              0,405413              8,39142               8,98480          7,89563
                   F1             0,136200              2,81912               3,01847          2,65256
                 £ Irl            0,0451221             0,933957                 —             0,878776
                   £              0,0483129               —                    1,07071         0,940917
                  Lit               —               2 069,84              2 216,21         1 947,55
                  Dr             15,1400              313,375               335,535          294,860
                  Esc            10,4215              215,709               230,962          202,964
                  Pta             8,35943             173,027               185,262          162,804