CELEX: 31989R1103
Language: en
Date: 1989-04-28 00:00:00
Title: Commission Regulation (EEC) No 1103/89 of 27 April 1989 fixing the monetary coefficient applicable on imports of dried grapes

No L 116/34                            Official Journal of the European Communities                                 28 . 4. 89
                                   COMMISSION REGULATION (EEC) No 1103/89
                                                      of 27 April 1989
                       fixing the monetary coefficient applicable on imports of dried grapes
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                      during the marketing year 1988/89 as well as the counter­
Having regard to the Treaty establishing the European            vailing charges to be imposed where that price is not
Economic Community,                                              observed ; whereas the import prices as set out in Annex
                                                                 II of that Regulation are calculated as specific percentages
                                                                 of the minimum import price ; whereas as a result the
Having regard to Council Regulation (EEC) No 426/86 of           monetary coefficient should apply both to the minimum
24 February 1986 on the common organization of the               import prices and the import prices,
market in products processed from fruit and vegetables ('),
as last amended by Regulation (EEC) No 2247/88 (2), and
in particular Article 9(6) thereof,                              HAS ADOPTED THIS REGULATION :
Having regard to Commission Regulation (EEC) No
2237/85 of 30 July 1985 laying down detailed rules for                                     Article 1
the application of the minimum import price system for
dried grapes (3), and in particular Article 4 thereof,           After having converted the minimum import prices and
                                                                 the import prices as set out in Annexes I and II of Regu­
Whereas Article 4(1 ) of Regulation (EEC) No 2237/85             lation (EEC) No 2303/88 into one of the following
provides that the Commission shall fix a monetary coeffi­        national currencies by applying the agricultural conver­
cient equal to the real monetary gap between the agricul­        sion rate, the resulting amount shall be multiplied by the
tural conversion rate for the currency of a Member State         following coefficient :
and the central rate, or, where applicable, the market rate
when that gap is equal to or more than 2,5 percentage            — for the Greek drachma :                1,270
points ;                                                         — for the pound sterling :               1,074
Whereas Article 4 (2) of Regulation (EEC) No 2237/85             — for the French franc :                 1,050
provides that the monetary coefficient shall be fixed            — for the Irish pound :                  1,051
before the commencement of the marketing year and,               — for the Italian lira :                 1,025
subsequently, on the first Monday of the months of               — for the Spanish peseta :               0,943.
November, January, March, May and July ;
Whereas Commission Regulation (EEC) No 2303/88 (4),                                        Article 2
as amended by Regulation (EEC) No 3519/88 (5); fixes
the minimum import price applicable to dried grapes              This Regulation shall enter into force on 1 May 1989.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                  Done at Brussels, 27 April 1989.
                                                                           For the Commission
                                                                             Ray MAC SHARRY
                                                                       Member of the Commission
 (') OJ NO L 49, 27. 2. 1986, p. 1 .
 I1) OJ No L 198, 26. 7. 1988, p. 21 .
 (3) OJ No L 209, 6. 8 . 1985, p. 24.
 («) OJ No L 201 , 27. 7. 1988, p. 43.
 O OJ No L 307, 12. 11 . 1988, p. 26.