CELEX: 31990R2760
Language: en
Date: 1990-10-01 00:00:00
Title: Commission Regulation (EEC) No 2760/90 of 27 September 1990 fixing the market conversion 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 269/40                              Official Journal of the European Communities                              1 . 10 . 90
                                         COMMISSION REGULATION (EEC) No 2760/90
                                                        of 27 September 1990
                  fixing the market conversion 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                                       amended by Regulation (EEC) No 2300/ 89 (8), the rates
 COMMUNITIES,                                                         used to fix or, where appropriate, adjust the monetary
                                                                      compensatory amounts, from this time forth defined as
 Having regard to the Treaty establishing the European                market conversion rates, are to be used for the
 Economic Community,                                                  conversion into ecus of the amounts relating to world
 Having regard to Council Regulation (EEC) No                         market data and expressed in the national currency of a
 1677/85 of 11 June 1985 on monetary compensatory                     Member State ; whereas, pursuant to Article 2 (4) of
 amounts in agriculture (1), as last amended by Regulation            Council Regulation (EEC) No 1676/ 85 (*), as last
 (EEC) No 2205 /90 (2), and , in particular Article 9 (2)             amended by Regulation (EEC) No 2205 /90, those rates
 thereof,                                                             are also to be used for the conversion of certain other
                                                                      agricultural amounts ; whereas the rates in question
Whereas the monetary compensatory amounts                             should be fixed to make it easier to use them,
 introduced by Regulation (EEC) No 1677/85 are fixed
by Commission Regulation (EEC) No 1207/90 (3), as                     HAS ADOPTED THIS REGULATION :
 last amended by Regulation (EEC) No 2759/90 (4), on
the basis of the central rates and, for certain Member                                         Article 1
 States, on the basis of the exchange rates referred to in
Article 3 of Commission Regulation (EEC) No 3153/85                  The market conversion rates referred to in Article 3a of
of 11 November 1985 laying down detailed rules for the               Regulation (EEC) No 3152/85, to be applied for certain
calculation of monetary compensatory amounts (s), as                 amounts in the context of the common agricultural
last amended by Regulation (EEC) No 3672/89 (6);                     policy and used to fix or, where appropriate, to adjust
                                                                     the monetary compensatory amounts, shall be set out in
Whereas, in accordance with Article 3a of Commission                 the Annex hereto.
Regulation (EEC) No 3152/85 of 11 November 1985
laying down detailed rules for the application of Regu­                                       Article 2
lation (EEC) No 1676/ 85 on the value of the unit of
account and the conversion rates to be applied for the               This Regulation shall enter into force on 1 October
purposes of the common agricultural policy (7), as last               1990 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 27 September 1990 .
                                                                                      For the Commission
                                                                                       Ray MAC SHARRY
                                                                                   Member ofthe Commission
O OJ No L 164, 24 . 6 . 1985 , p . 6.
(2) OJ No L 201 , 31 . 7. 1990, p. 9.
o OJ No L 122, 14 . 5 . 1990 , p. 1 .
(4) See page 1 of this Official Journal.
C)  OJ No L 310, 21 . 11 . 1985, p. 4.
O   OJ No L 358, 8 . 12 . 1989, p. 28 .                              (!) OJ No L 220, 29. 7. 1989, p. 8 .
O   OJ No L 310, 21 . 11 . 1985 , p. 1 .                             O OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- 1 . 10 . 90                          Official Journal of the European Communities                               No L 269/41
                                                              ANNEX
            Market conversion 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
                                   100 Lit                   1 £                1 £ Irl             1 ECU
             Bfrs/Lfrs             2,75662               60,2061               55,2545             48,2868
                Dkr                0,509804              11,1344               10,2187              8,93008
                DM                 0,133651                2,91902              2,67895             2,34113
                 FF                0,448248                9,79001              8,98483             7,85183
                 F1                0,150591                3,28899              3,01849             2,63785
                £ Irl              0,0498895               1,08962                                  0,873900
                  £                0,0457860                                    0,917754            0,802025
                 Lit                                  2 184,06              2 004,43            1 751,67
                 Dr               13,2426               289,227               265,439             231,967
                Esc               11,9713               261,459               239,955             209,697
                Pta                8,44320              184,404               169,238             147,897