CELEX: 31983R0521
Language: en
Date: 1983-03-05 00:00:00
Title: Commission Regulation (EEC) No 521/83 of 4 March 1983 on the monetary compensatory amounts applicable as a result of movements in the pound sterling

5 . 3 . 83                               Official Journal of the European Communities                           No L 58 /9
                                   COMMISSION REGULATION (EEC) No 521 /83
                                                        of 4 March 1983
               on the monetary compensatory amounts applicable as a result of movements in
                                                       the pound sterling
THE COMMISSION OF THE EUROPEAN                                     compensatory amount, abrupt up and down changes
COMMUNITIES,                                                       in which would be more likely to cause disturbance
                                                                   than prevent it ; whereas therefore monetary compen­
Having regard to the Treaty establishing the European              satory amounts should not be introduced for the
Economic Community,                                                United Kingdom during the week beginning 7 March
Having regard to Council Regulation (EEC) No 974/71                1983 ;
of 12 May 1971 on certain measures of conjunctural
                                                                   Whereas the measures provided for in this Regulation
policy to be taken in agriculture following the                    are in accordance with the opinion of all the manage­
temporary widening of the margins of fluctuation for               ment committees concerned,
the currencies of certain Member States ('), as last
amended by Regulation (EEC) No 3439/82 (2), and in
particular Article 6 thereof,                                      HAS ADOPTED THIS REGULATION :
Whereas the monetary compensatory amounts intro­
duced by Regulation (EEC) No 974/71 were fixed by                                         Article 1
Commission Regulation (EEC) No 1235/82 of 19 May
                                                                   By way of derogation from Article 2 ( la) (b) of Regula­
1982 (3), as last amended by Regulation (EEC) No
                                                                   tion (EEC) No 974/71 there will, during the week
391 /83 (4);
                                                                   beginning 7 March 1983, continue to be no monetary
Whereas in view of the irregular movement of the                   compensatory amount for the United Kingdom .
pound sterling during the reference period 23
February to 1 March 1983 as referred to in Article 2 of                                   Article 2
Commission Regulation (EEC) No 1372/81 of 19 May
 1981 (5) confirmation of its trend should be awaited              This Regulation shall enter into force on 7 March
before any decision is taken to introduce a monetary                1983 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 4 March 1983 .
                                                                            For the Commission
                                                                               Poul DALSAGER
                                                                         Member of the Commission
 (') OJ  No  L  106, 12. 5. 1971 , p. 1 .
 (2) OJ  No  L 362, 23. 12. 1982, p. 4.
 (3) OJ  No  L  142, 20 . 5. 1982, p. 1 .
 (4) OJ  No  L 48 , 21 . 2. 1983, p. 1 .
 0 OJ    No L 138 , 25. 5. 1981 , p. 14.