CELEX: 31994R0765
Language: en
Date: 1994-04-07 00:00:00
Title: Commission Regulation (EC) No 765/94 of 6 April 1994 fixing, for March 1994, the specific agricultural conversion rate for the amount of the reimbursement of storage costs in the sugar sector

No L 90/ 18                              Official Journal of the European Communities                                  7. 4. 94
                                       COMMISSION REGULATION (EC) No 765194
                                                        of 6 April 1994
                 fixing, for March 1994, the specific agricultural conversion rate for the amount
                              of the reimbursement of storage costs in the sugar sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                        whereas that specific rate must be fixed each month for
                                                                   the previous month ;
Having regard to the Treaty establishing the European
Community,                                                         Whereas application of these provisions will lead to the
Having regard to Council Regulation (EEC) No 1785/81               fixing, for March 1994, of the specific agricultural conver­
of 30 June 1981 on the common organization of the                  sion rate for the amount of the reimbursement of storage
                                                                   costs in the various national currencies as indicated in the
markets in the sugar sector ('), as last amended by Regula­
tion (EC) No 1 33/94 (2),                                          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 (3), as amended by Regulation
                                                                                             Article 1
(EC) No 3528/93 (4),
Having regard to Commission Regulation (EEC) No                    The specific agricultural conversion rate to be used to
1713/93 of 30 June 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
                                                                   into each of the national currencies for March 1994 shall
sugar sector (% as amended by Regulation (EEC)
                                                                    be as indicated in the Annex hereto .
No 2627/93 (6), and in particular Article 1 (3) thereof,
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 the day of its
No 1785/81 is to be converted into national currency                publication in the Official Journal of the European
using a specific agricultural conversion rate equal to the          Communities.
average, calculated pro rata temporis, of the agricultural
conversion rates applicable during the month of storage ;           It shall apply with effect from 1 March 1994.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States.
                 Done at Brussels, 6 April 1994.
                                                                              For the Commission
                                                                                Rene STEICHEN
                                                                         Member of the Commission
 (') OJ No  L 177, 1 . 7. 1981 , p. 4.
 (2) OJ No  L 22, 27. 1 . 1994, p. 7.
 (3  OJ No  L 387, 31 . 12. 1992, p. 1 .
 (4) OJ No  L 320, 22. 12. 1993, p. 32.
 0   OJ No  L 159, 1 . 7. 1993, p. 94.
 (6) OJ No  L 240, 25. 9. 1993, p. 19.
 ---pagebreak--- 7. 4. 94                      Official Journal of the European Communities                             No L 90/ 19
                                                      ANNEX
         fixing, for March 1994, the specific agricultural conversion rate for the amount of the reim­
                              bursement of storage costs in the sugar sector
                                             Agricultural conversion rates
                          ECU 1 =      49,3070          Belgian and Luxembourg francs
                                        9,348 1 2       Danish kroner
                                        2,35418         German marks
                                        7,98191         French francs
                                        0,976426        Irish punt
                                        2,65256         Dutch guilders
                                      334,226           Greek drachmas
                                      192,319           Spanish pesetas
                                    2 274,93            Italian lire
                                      236,933           Portuguese escudos
                                        0,920969        Pound sterling