CELEX: 31991R3532
Language: en
Date: 1991-12-09 00:00:00
Title: Commission Regulation (EEC) No 3532/91 of 5 December 1991 fixing the representative market 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

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9. 12 . 91                                  Official Journal of the European Communities                           No L 337/41
                                          COMMISSION REGULATION (EEC) No 3532/91
                                                          of 5 December 1991
                   fixing the representative market 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                                        the conversion into ecus of the amounts relating to world
COMMUNITIES,                                                          market data and expressed in the national currency of a
                                                                      Member State; whereas, pursuant to Article 6a of Regu­
Having regard to the Treaty establishing the European                 lation (EEC) No 1677/85 and without prejudice to
Economic Community,                                                   Article 7 (2) of Commission Regulation (EEC) No
Having regard to Council Regulation (EEC) No                          3578/88 of 17 November 1988 laying down detailed
1677/85 of 11 June 1985 on monetary compensatory                      rules for the application of the system for the automatic
amounts in agriculture (')> as last amended by Regu­                  dismantlement of negative monetary compensatory
lation (EEC) No 2205/90 (2), and in particular Article 9              amounts ('), as last amended by Regulation (EEC) No
thereof,                                                              3137/91 (10), those rates are to be the agricultural
                                                                      conversion rates applying to pigmeat; whereas, pursuant
Whereas the monetary compensatory amounts                             to Article 2 (4) of Council Regulation (EEC) No
introduced by Regulation (EEC) No 1677/85 were fixed                   1676/ 85 ("), as last amended by Regulation (EEC) No
                                                                      2205 /90, those rates are also to be used for the
by Commission Regulation (EEC) No 1641 /91 (J), as
last amended by Regulation (EEC) No 3531 /91 (4), on                  conversion of certain other agricultural amounts ;
the basis of the central rates and, for certain Member                whereas the rates in question should be fixed to make it
                                                                      easier to use them,
States, on the basis of the exchange rates referred to in
Article 3 of Commission Regulation (EEC) No 3153/85
of 11 November 1985 laying down detailed rules for the                HAS ADOPTED THIS REGULATION :
calculation of monetary compensatory amounts (*), as                                            Article 1
last amended by Regulation (EEC) No 3672/89 (4);
                                                                      The representative market rates referred to in Article 3a
Whereas, in accordance with Article 3a of Commission                  of Regulation (EEC) No 3152/85, to be applied for
Regulation (EEC) No 3152/85 of 11 November 1985                       certain amounts in the context of the common agri­
laying down detailed rules for the application of Regu­               cultural policy and used to fix or, where appropriate, to
lation (EEC) No 1676/85 on the value of the unit of                   adjust the monetary compensatory amounts, are set out
account and the conversion rates to be applied for the                in the Annex hereto.
purposes of the common agricultural policy (7), as last
amended by Regulation (EEC) No 3237/90 (*), the                                                 Article 2
rates used to fix or, where appropriate, adjust the
monetary compensatory amounts, from this time forth                   This Regulation shall enter into force on 9 December
defined as representative market rates, are to be used for             1991 .
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                    States.
                    Done at Brussels, 5 December 1991 .
                                                                                        For the Commission
                                                                                        Ray MAC SHARRY
                                                                                     Member ofthe Commission
 l) OJ No L 164 , 24 . 6 . 1985 , p. 6.
 J) OJ No L 201 , 31 . 7. 1990, p. 9.
 J) OJ No L 153 , 17. 6. 1991 , p. 1 .
 ') See page 1 of this Official Journal.
 s) OJ  No L 310,    21 . 11 . 1985, p. 4 .
 4) OJ  No L 358 ,   8 . 12. 1989, p. 28 .                             O OJ No L 312, 18 . 11 . 1988, p. 16.
 7) OJ  No L  310 ,  21 . 11 . 1985, p. 1 .                           (t0) OJ No L 297, 29. 10. 1991 , p. 17 .
 •) OJ  No L  310,   9. 11 . 1990, p. 18 .                            (") OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 337 /42                         Official Journal of the European Communities                                9 . 12 . 91
                                                              ANNEX
             Representative market rates to be applied for certain amounts in the context of the common agricul­
                  tural policy and, in particular, for the calculation of the monetary compensatory amounts
                                   100 Lit                   1 £                 1 £ Irl             1 ECU
               Bfrs/Lfrs           2,75661                59,5115               55,2545             48,5563
                 Dkr               0,509801               11,0059               10,2186              8,97989
                 DM                0,133650                2,88533               2,67893             2,35418
                  FF               0,448246                9,67703               8,98480             7,89563
                   F1              0,150590                3,25102               3,01847             2,65256
                 £ Irl             0,0498894               1,07704                 —
                                                                                                     0,878776
                   £               0,0463206                 —
                                                                                 0,928468            0,815915
                  Lit                —
                                                      2 158,86               2 004,44            1 761,45
                  Dr              15,0387                324,665               301,441             264,899
                  Esc             11,6786                252,126               234,090             205,713
                  Pta              8,37401               180,784               167,852             147,504