CELEX: 31991R0549
Language: en
Date: 1991-03-11 00:00:00
Title: Commission Regulation (EEC) No 549/91 of 7 March 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

11 . 3 . 91                                   Official Journal of the European Communities                             No L 64/49
                                            COMMISSION REGULATION (EEC) No 549/91
                                                             of 7 March 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                                           laying down detailed rules for the application of Regu­
COMMUNITIES,                                                             lation (EEC) No 1676/85 on the value of the unit of
                                                                         account and the conversion rates to be applied for the
Having regard to the Treaty establishing the European                    purposes of the common agricultural policy ('), as last
Economic Community,                                                      amended by Regulation (EEC) No 3237 /90 (10), the
Having regard to Council Regulation (EEC) No                             rates used to fix or, where appropriate, adjust the
1677/ 85 of 11 June 1985 on monetary compensatory                        monetary compensatory amounts, from this time forth
amounts in agriculture (1), as last amended by Regulation                defined as representative market rates, are to be used for
(EEC) No 2205 /90 (2), and in particular Article 9 (2)                   the conversion into ecus of the amounts relating to world
thereof,                                                                 market data and expressed in the national currency of a
                                                                         Member State ; whereas, pursuant to Article 2(4) of
Having regard to Commission Regulation (EEC) No                          Council Regulation (EEC) No 1676/85 ("), as last
3578/88 of 17 November 1988 laying down detailed                         amended by Regulation (EEC) No 2205 /90, those rates
rules for the application of the system for the automatic                are also to be used for the conversion of certain other
dismantlement of negative monetary compensatory                          agricultural amounts ; whereas the rates in question
amounts (3), as last amended by Regulation (EEC) No                      should be fixed to make it easier to use them,
287/91 (4), and in particular Article 7 thereof,
                                                                         HAS ADOPTED THIS REGULATION :
Whereas the monetary compensatory amounts
introduced by Regulation (EEC) No 1677/ 85 were fixed                                                Article 1
by Commission Regulation (EEC) No 1207/90 (5)» as
last amended by Regulation (EEC) No 548 /91 (6), on                     The representative market rates referred to in Article 3a
the basis of the central rates and, for certain Member                   of Regulation (EEC) No 3152/85, to be applied for
States, on the basis of the exchange rates referred to in                certain amounts in the context of the common agri­
Article 3 of Commission Regulation (EEC) No 3153/ 85                     cultural policy and used to fix or, where appropriate, to
of 11 November 1985 laying down detailed rules for the                   adjust the monetary compensatory amounts, shall be set
calculation of monetary compensatory amounts (7), as                     out in the Annex hereto.
last amended by Regulation (EEC) No 3672/89 (*);
                                                                                                     Article 2
Whereas, in accordance with Article 3a of Commission
Regulation (EEC) No 3152/85 of 11 November 1985                         This Regulation shall enter into force on 11 March 1991 .
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States.
                   Done at Brussels, 7 March 1991 .
                                                                                           For the Commission
                                                                                           Ray MAC SHARRY
                                                                                        Member ofthe Commission
 ') OJ   No L 164, 24.    6. 1985 , p. 6 .
 2) OJ   No L 201 , 31 .  7. 1990, p. 9 .
 3) OJ   No L 312, 18 .   11 . 1988 , p. 16.
 4) OJ   No L 35, 7 . 2 . 1991 , p. 10.
 5) OJ   No L 122, 14.    5 . 1990 , p. 1 .
 ') See page 1 of this Official Journal.                                  (') OJ No L 310, 21 . 11 . 1985, p. 1 .
 7) OJ No L 310, 21 . 11 . 1985, p. 4.                                   H OJ No L 310, 9 . 11 . 1990, p. 18 .
 ') OJ No L 358 , 8 . 12. 1989, p. 28 .                                  O OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 64/50                         Official Journal of the European Communities                                11 . 3 . 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                60,5688               55,2545             48,5563
               Dkr               0,509801               11,2015               10,2186              8,97989
               DM                0,133650                2,93659               2,67893             2,35418
                FF               0,448246                9,84895               8,98480             7,89563
                 F1              0,150590                3,30878               3,01847             2,65256
               £ Irl             0,0498894               1,09618                 —
                                                                                                   0,878776
                 £               0,0455121                 —
                                                                               0,912260            0,801672
                Lit                —
                                                    2 197,22               2 004,44            1 761,45
                Dr              14,3462                315,219               287,561             252,702
                Esc             11,6451                255,868               233,418             205,122
                Pta              8,36209               183,733               167,613             147,294