CELEX: 31990R3005
Language: en
Date: 1990-10-22 00:00:00
Title: Commission Regulation (EEC) No 3005/90 of 18 October 1990 fixing the market conversion 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

22 . 10 . 90                              Official Journal of the European Communities                          No L 289/39
                                        COMMISSION REGULATION (EEC) No 3005/90
                                                        of 18 October 1990
                 fixing the market conversion 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                                       amended by Regulation (EEC) No 2300/89 (8), the rates
COMMUNITIES,                                                         used to fix or, where appropriate, adjust the monetary
                                                                     compensatory amounts, from this time forth defined as
Having regard to the Treaty establishing the European                market conversion rates, are to be used for the
Economic Community,                                                  conversion into ecus of the amounts relating to world
Having regard to Council Regulation (EEC) No                         market data and expressed in the national currency of a
1677/ 85 of 11 June 1985 on monetary compensatory                    Member State ; whereas, pursuant to Article 2 (4) of
amounts in agriculture ('), as last amended by Regulation            Council Regulation (EEC) No 1676/ 85 (9), as last
(EEC) No 2205/90 (2), and in particular Article 9 (2)                amended by Regulation (EEC) No 2205/90, those rates
thereof.                                                             are also to be used for the conversion of certain other
                                                                     agricultural amounts ; whereas the rates in question
Whereas      the     monetary        compensatory      amounts       should be fixed to make it easier to use them,
introduced by Regulation (EEC) No 1677/85 are fixed
by Commission Regulation (EEC) No 1207/90 (*), as                    HAS ADOPTED THIS REGULATION :
last amended by Regulation (EEC) No 3004/90 (4), on
the basis of the central rates and, for certain Member                                          Article 1
States, on the basis of the exchange rates referred to in
Article 3 of Commission Regulation (EEC) No 3153/ 85                 The market conversion rates referred to in Article 3 a of
of 11 November 1985 laying down detailed rules for the               Regulation (EEC) No 3152/ 85, to be applied for certain
calculation of monetary compensatory amounts (5), as                 amounts in the context of the common agricultural
last amended by Regulation (EEC) No 3672/ 89 (6);                    policy and used to fix or, where appropriate, to adjust
                                                                     the monetary compensatory amounts, shall be set out in
Whereas, in accordance with Article 3 a of Commission                the Annex hereto .
Regulation (EEC) No 3152/85 of 11 November 1985
laying down detailed rules for the application of Regu­                                         Article 2
lation (EEC) No 1676/85 on the value of the unit of
account and the conversion rates to be applied for the               This Regulation shall enter into force on 22 October
purposes of the common agricultural policy (7), as last              1990 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 18 October 1990.
                                                                                       For the Commission
                                                                                       Ray MAC SHARRY
                                                                                   Member ofthe Commission
C) OJ No L 164, 24. 6. 1985 , p. 6 .
(2) OJ No L 201 , 31 . 7 . 1990, p. 9 .
(') OJ No L 122, 14. 5. 1990, p. 1 .
(4) See page 1 of this Official Journal.
C) OJ No L 310, 21 . 11 . 1985, p. 4.
(*) OJ No L 358 , 8 . 12 . 1989, p. 28 .                             (•) OJ No L 220, 29. 7. 1989, p. 8.
(7) OJ No L 310, 21 . 11 . 1985 , p. 1 .                             (*) OJ No L 164 , 24. 6 . 1985 , p. 1 .
 ---pagebreak--- No L 289/40                          Official Journal of the European Communities                               22 . 10 . 90
                                                              ANNEX
            Market conversion 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
                                   100 Lit                   1 £                1 £ Irl             1 ECU
             Bfrs/Lfrs             2,75661               62,0212               55,2545             48,5563
                Dkr                0,509801               11,4701              10,2186              8,97989
                DM                 0,133650                3,00701              2,67893             2,35418
                 FF                0,448246               10,0851               8,98480             7,89563
                 F1                0,150590                3,38813              3,01847             2,65256
                £ Irl              0,0498894               1,12247                —
                                                                                                    0,878776
                 £                 0,0444460                 —
                                                                                0,890896            0,782898
                 Lit                 —
                                                      2 249,91              2 004,44            1 761,45
                 Dr               13,4582               302,798               269,762             237,060
                Esc               11,8468               266,543               237,462             208,676
                Pta                8,44571              190,021               169,289             148,767