CELEX: 31999R1546
Language: en
Date: 1999-07-14 00:00:00
Title: Commission Regulation (EC) No 1546/1999 of 14 July 1999 fixing, for the 1998/1999 marketing year, the specific exchange rate applicable to the minimum sugarbeet prices and the production levy and additional levy in the sugar sector

15. 7. 1999            EN                      Official Journal of the European Communities                                     L 180/33
                                          COMMISSION REGULATION (EC) No 1546/1999
                                                             of 14 July 1999
               fixing, for the 1998/1999 marketing year, the specific exchange rate applicable to the minimum
                       sugarbeet prices and the production levy and additional levy in the sugar sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                                      to be set for the 1998/1999 marketing year, for the
Having regard to the Treaty establishing the European                            period 1 January 1999 to 30 June 1999 for the non-
Community,                                                                       participating Member States, should be the exchange
                                                                                 rate;
Having regard to Commission Regulation (EEC) No 1713/93 of
30 June 1993 establishing special detailed rules for applying             (3)    Whereas the application of these provisions results in
the agricultural conversion rate in the sugar sector (1), as last                the setting, for the 1998/1999 marketing year, of the
amended by Regulation (EC) No 624/1999 (2), and in particular                    specific exchange rate for the minimum sugarbeet prices
Article 1(3) thereof,                                                            as well as the production levy and, where appropriate,
                                                                                 additional levy in the various national currencies, as set
(1)     Whereas Article 1(1) of Regulation (EEC) No 1713/93
                                                                                 out in the Annex to this Regulation,
        specifies that the minimum sugarbeet prices referred to
        in Article 5 of Council Regulation (EEC) No 1785/81 of
        30 June 1981 on the common organisation of the                    HAS ADOPTED THIS REGULATION:
        market in the sugar sector (3), as last amended by Regu-
        lation (EC) No 1148/98 (4), and the production levy and                                       Article 1
        additional levy referred to, respectively, in Articles 28
        and 28a respectively of that Regulation are to be                 The specific exchange rate to be used for conversion of the
        converted into national currency using a specific                 minimum sugarbeet prices referred to in Article 5 of Regula-
        exchange rate equal to the average, calculated pro rata           tion (EEC) No 1785/81 and the production levy and, where
        temporis, of the exchange rates applicable during the             appropriate, the additional levy referred to, respectively, in
        marketing year in question; whereas that specific                 Articles 28 and 28a respectively of that Regulation, into each
        exchange rate must be fixed during the month following            of the national currencies, shall be fixed, for the 1998/1999
        the end of the marketing year in question;                        marketing year, as set out in the Annex.
(2)     Whereas, from 1 January 1999, the system of specific
        agricultural conversion rates has been amended by                                             Article 2
        Council Regulation (EC) No 2799/98 of 15 December                 This Regulation shall enter into force on 15 July 1999.
        1998 establishing agrimonetary arrangements for the
        euro (5); whereas, as a result, the specific exchange rate        It shall apply from 1 July 1998.
                      This Regulation shall be binding in its entirety and directly applicable in all Member States.
                      Done at Brussels, 14 July 1999.
                                                                                       For the Commission
                                                                                         Franz FISCHLER
                                                                                   Member of the Commission
(1) OJ L  159, 1.7.1993, p. 94.
(2) OJ L  78, 24.3.1999, p. 9.
(3) OJ L  177, 1.7.1981, p. 4.
(4) OJ L  159, 3.6.1998, p. 38.
(5) OJ L  349, 24.12.1998,  p. 1.
 ---pagebreak--- L 180/34         EN                     Official Journal of the European Communities                                    15. 7. 1999
                                                             ANNEX
         to the Commission Regulation of 14 July 1999 fixing, for the 1998/1999 marketing year, the specific exchange
         rate applicable to the minimum sugarbeet prices and the production levies and the additional levy in the sugar
                                                              sector
                                                         Specific exchange
                                  EUR 1 =     7,49890        Danish kroner
                                           331,775           Greek drachmas
                                              9,01920        Swedish kroner
                                              0,679983       Pound sterling