CELEX: 31996R2330
Language: en
Date: 1996-12-04 00:00:00
Title: COMMISSION REGULATION (EC) No 2330/96 of 4 December 1996 fixing, for November 1996, the specific agricultural conversion rate for the amount of the reimbursement of storage costs in the sugar sector

No L 316/22          EN                 Official Journal of the European Communities                              5 . 12. 96
                                     COMMISSION REGULATION (EC) No 2330/96
                                                     of 4 December 1996
                 fixing, for November 1996, 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,
                                                                  Whereas application of these provisions will lead to the
 Having regard to Council Regulation (EEC) No 1785/81
of 30 June 1981 on the common organization of the                 fixing, for November 1996, of the specific agricultural
                                                                  conversion rate for the amount of the reimbursement of
markets in the sugar sector ('), as last amended by Regula­
                                                                  storage costs in the various national currencies as indi­
tion (EC) No 1 599/96 (2),
                                                                  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
                                                                  HAS ADOPTED THIS REGULATION :
conversion rates to be applied for the purposes of the
common agricultural policy (*), as last amended by Regu­
lation (EC) No 1 50/95 (4),                                                                Article 1
 Having regard to Commission Regulation (EEC)                     The specific agricultural conversion rate to be used to
No 1713/93 of 30 July 1993 establishing special detailed          convert the amount of the reimbursement of storage costs
rules for applying the agricultural conversion rate in the        referred to in Article 8 of Regulation (EEC) No 1785/81
sugar sector (5), as last amended by Regulation (EC)              into each of the national currencies for November 1996
No 2926/94 (6), and in particular Article 1 (3) thereof,          shall be as indicated in the Annex hereto .
Whereas Article 1 (2) of Regulation (EEC) No 1713/93
                                                                                           Article 2
provides that the amount of the reimbursement of storage
costs referred to in Article 8 of Regulation (EEC)                This Regulation shall enter into force on 5 December
No 1785/81 is to be converted into national currency              1996 .
using a specific agricultural conversion rate equal to the
average, calculated pro rata temporis, of the agricultural        It shall apply with effect from 1 November 1996.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 4 December 1996 .
                                                                           For the Commission
                                                                              Franz FISCHLER
                                                                       Member of the Commission
(') OJ No L 177, 1 . 7. 1981 , p. 4.
I1) OJ No L 206, 16. 8. 1996, p. 43.
(3) OJ No L 387, 31 . 12. 1992, p. 1 .
H OJ No L 22, 31 . 1 . 1995, p. 1 .
(5) OJ No L 159, 1 . 7. 1993, p. 94.
(6 OJ No L 307, 1 . 12. 1994, p. 56.
 ---pagebreak--- 5 . 12. 96     EN               Official Journal of the European Communities                        No L 316/23
                                                        ANNEX
           to the Commission Regulation of 4 December 1996 fixing, for November 96, the specific
           agricultural conversion rate for the amount of the reimbursement of storage costs in the
                                                     sugar sector
                                               Agricultural conversion rates
                          ECU 1 =        39,6580          Belgian and Luxembourg francs
                                          7,49997         Danish kroner
                                          1,92441         German marks
                                        311,761           Greek drachmas
                                        165,198           Spanish pesetas
                                          6,61023         French francs
                                          0,816779        Irish punt
                                      1 973,93            Italian lire
                                          2,15852         Dutch guilders
                                         13,5396          Austrian schillings
                                        198,202           Portuguese escudos
                                          6,02811         Finnish marks
                                          8,64446         Swedish kroner
                                          0,809915        Pound sterling