CELEX: 31997R1397
Language: en
Date: 1997-07-18 00:00:00
Title: COMMISSION REGULATION (EC) No 1397/97 of 18 July 1997 fixing, for the 1996/97 marketing year, the specific agricultural conversion rate applicable to the minimum sugarbeet prices and the production levy and additional levy in the sugar sector

No L 190/42         FEN                  Official Journal of the European Communities                               19 . 7. 97
                                       COMMISSION REGULATION (EC) No 1397/97
                                                         of 18 July 1997
                  fixing, for the 1996/97 marketing year, the specific agricultural conversion rate
                  applicable to the minimum sugarbeet prices and the production levy and
                                              additional levy in the sugar sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                        agricultural conversion     rate for the    conversion of
Having regard to the Treaty establishing the European              minimum sugarbeet prices as well as the production levy
Community,
                                                                   and, where appropriate, additional levy into the various
                                                                   national currencies, as set out in the Annex to this Regu­
Having regard to Commission Regulation (EEC) No                    lation,
1713/93 of 30 June 1993 establishing special detailed
rules for applying the agricultural conversion rate in the
sugar sector ('), as last amended by Regulation (EC) No            HAS ADOPTED THIS REGULATION:
59/97 (2), and in particular Article 1 (3) thereof,
Whereas Article 1 ( 1 ) of Regulation (EEC) No 1713/93                                       Article 1
specifies that the minimum sugarbeet prices referred to in
Article 5 of Council Regulation (EEC) No 1785/81 of 30             The specific agricultural conversion rate to be used for
June 1981 on the common organization of the market in              conversion of the minimum sugarbeet prices referred to
the sugar sector (3), as last amended by Regulation (EC)           in Article 5 of Regulation (EEC) No 1785/81 and the
No 1599/96 (4), and the production levy and additional             production levy and, where appropriate, additional levy
levy referred to, respectively, in Articles 28 and 28a of that     referred to, respectively, in Articles 28 and 28a of that
Regulation shall be converted into national currency               Regulation, into each of the national currencies, shall be
using a specific agricultural conversion rate equal to the         fixed, for the 1996/97 marketing year, as set out in the
average, calculated pro rata temporis, of the agricultural         Annex hereto .
conversion rates applicable during the marketing year in
question; whereas that specific agricultural conversion rate
must be fixed during the month following the end of the                                      Article 2
marketing year in question;
                                                                   This Regulation shall enter into force on 19 July 1997.
Whereas the application of these provisions results in the
fixing, for the 1996/97 marketing year, of the specific            It shall apply from 1 July 1996.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States .
                  Done at Brussels, 18 July 1997.
                                                                             For the Commission
                                                                               Franz FISCHLER
                                                                         Member of the Commission
(') OJ No   L 159, 1 . 7. 1993, p. 94.
(2) OJ No   L 14, 17. 1 . 1997, p. 25.
0   OJ No   L 177, 1 . 7. 1981 , p. 4.
 4  OJ No   L 206, 16. 8 . 1996, p. 43.
 ---pagebreak--- 19 . 7. 97     EN                Official Journal of the European Communities                          No L 190/43
                                                          ANNEX
           to the Commission Regulation of 18 July 1997 fixing, for the 1996/ 1997 marketing year, the
           specific agricultural conversion rate applicable to the minimum sugarbeet prices and the
                         production levies and the additional levy in the sugar sector
                                             Specific agricultural conversion rate
                           1 ECU =       39,9728            Belgian and Luxembourg francs
                                           7,49997          Danish kroner
                                           1,93835         German marks
                                        311,788            Greek drachmas
                                        165,328            Spanish pesetas
                                           6,61023          French francs
                                           0,797280         Irish punt
                                      1 988,16             Italian lire
                                           2,17655         Dutch guilders
                                          13,6405          Austrian schillings
                                        198,202            Portuguese escudos
                                           6,02811         Finnish marks
                                           8,71695         Swedish kroner
                                           0,791370        Pound sterling