CELEX: 31980R3121
Language: en
Date: 1980-12-02 00:00:00
Title: Commission Regulation (EEC) No 3121/80 of 2 December 1980 altering the special rate for converting the free-at-frontier reference prices of imported liqueur wines into pounds sterling

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31980R3121

Commission Regulation (EEC) No 3121/80 of 2 December 1980 altering the special rate for converting the free-at-frontier reference prices of imported liqueur wines into pounds sterling  

Official Journal L 327 , 03/12/1980 P. 0005

****( 1 ) OJ NO L 54 , 5 . 3 . 1979 , P . 1 .  ( 2 ) OJ NO L 305 , 14 . 11 . 1980 , P . 1 .  ( 3 ) OJ NO 106 , 30 . 10 . 1962 , P . 2553/62 .  ( 4 ) OJ NO L 263 , 19 . 9 . 1973 , P . 1 .  ( 5 ) OJ NO L 157 , 18 . 6 . 1976 , P . 20 .  ( 6 ) OJ NO L 324 , 29 . 11 . 1980 , P . 63 .    COMMISSION REGULATION ( EEC ) NO 3121/80   OF 2 DECEMBER 1980   ALTERING THE SPECIAL RATE FOR CONVERTING THE FREE-AT-FRONTIER REFERENCE PRICES OF IMPORTED LIQUEUR WINES INTO POUNDS STERLING   THE COMMISSION OF THE EUROPEAN   COMMUNITIES ,   HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ,   HAVING REGARD TO COUNCIL REGULATION ( EEC ) NO 337/79 OF 5 FEBRUARY 1979 ON THE COMMON ORGANIZATION OF THE MARKET IN WINE ( 1 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 2930/80  ( 2 ),   HAVING REGARD TO COUNCIL REGULATION NO 129 ON THE VALUE OF THE UNIT OF ACCOUNT AND THE EXCHANGE RATES TO BE APPLIED FOR THE PURPOSES OF THE COMMON AGRICULTURAL POLICY ( 3 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 2543/73 ( 4 ), AND IN PARTICULAR ARTICLE 3 THEREOF ,   HAVING REGARD TO COMMISSION REGULATION ( EEC ) NO 1393/76 OF 17 JUNE 1976 LAYING DOWN DETAILED RULES FOR THE IMPORTATION OF PRODUCTS IN THE WINE-GROWING SECTOR ORIGINATING IN CERTAIN THIRD COUNTRIES ( 5 ), AS LAST AMENDED BY REGULATION  ( EEC ) NO 3104/80 ( 6 ), AND IN PARTICULAR ARTICLE 1A ( 4 ) THEREOF ,   HAVING REGARD TO THE OPINION OF THE MONETARY COMMITTEE ,   WHEREAS , PURSUANT TO ARTICLE LA OF REGULATION ( EEC ) NO 1393/76 , SPECIAL RATES ARE USED TO CONVERT THE FREE-AT-FRONTIER REFERENCE PRICES FOR IMPORTED LIQUEUR WINES INTO NATIONAL CURRENCY ; WHEREAS THE SPECIAL RATES APPLICABLE AT PRESENT WERE FIXED TO TAKE EFFECT ON 1 JULY 1980 ;   WHEREAS ARTICLE 1A ( 3 ) ( C ) OF REGULATION ( EEC ) NO 1393/76 PROVIDES THAT THE SPECIAL RATE FOR A CURRENCY OTHER THAN THOSE MAINTAINED AT ANY GIVEN MOMENT WITHIN A MAXIMUM SPREAD OF 2.25 % IS TO BE REVISED WHEN , FOR A PERIOD OF 20 WORKING DAYS , ITS CONVERSION RATE MOVES AWAY BY AN AVERAGE OF NOT LESS THAN 10 % FROM THE SPECIAL RATE PREVIOUSLY FIXED FOR THE CURRENCY IN QUESTION ; WHEREAS THAT CONDITION HAS BEEN FULFILLED FOR THE POUND STERLING FOR THE PERIOD 5 NOVEMBER TO 2 DECEMBER 1980 ; WHEREAS APPLICATION OF THESE PROVISIONS MAKES IT NECESSARY TO ALTER THE SPECIAL RATE FOR THE POUND STERLING WITH EFFECT FROM 3 DECEMBER 1980 ,   HAS ADOPTED THIS REGULATION :   ARTICLE 1   THE SPECIAL RATE REFERRED TO IN ARTICLE 1A OF REGULATION  ( EEC ) NO 1393/76 SHALL BE :  ( A ) FOR THE BELGIAN FRANC AND THE LUXEMBOURG FRANC :   ONE BELGIAN FRANC/LUXEMBOURG FRANC À 0.0251321 ECU ;  ( B ) FOR THE DANISH KRONE :   ONE DANISH KRONE À 0.129477 ECU ;  ( C ) FOR THE GERMAN MARK :   ONE GERMAN MARK À 0.402888 ECU ;  ( D ) FOR THE FRENCH FRANC :   ONE FRENCH FRANC À 0.171028 ECU ;  ( E ) FOR THE POUND STERLING :   ONE POUND STERLING À 1.83172 ECU ;  ( F ) FOR THE IRISH POUND :   ONE IRISH POUND À 1.49656 ECU ;  ( G ) FOR THE ITALIAN LIRA :   100 ITALIAN LIRE À 0.0859941 ECU ;  ( H ) FOR THE DUTCH GUILDER :   ONE DUTCH GUILDER À 0.364482 ECU .   ARTICLE 2   THIS REGULATION SHALL ENTER INTO FORCE ON 3 DECEMBER 1980 .   THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .   DONE AT BRUSSELS , 2 DECEMBER 1980 .   FOR THE COMMISSION   FINN GUNDELACH   VICE-PRESIDENT