CELEX: 31991R2197
Language: en
Date: 1991-07-29 00:00:00
Title: Commission Regulation (EEC) No 2197/91 of 25 July 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

No L 207 /42                               Official Journal of the European Communities                               29 . 7 . 91
                                         COMMISSION REGULATION (EEC) No 2197/91
                                                           of 25 July 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                                        used to fix or, where appropriate, adjust the monetary
COMMUNITIES,                                                          compensatory amounts, from this time forth defined as
                                                                      representative market rates, are to be used for the
Having regard to the Treaty establishing the European                 conversion into ecus of the amounts relating to world
Economic Community,                                                   market data and expressed in the national currency of a
Having regard to Council Regulation (EEC) No                          Member State ; whereas, pursuant to Article 2 (4) of
1677/85 of 11 June 1985 on monetary compensatory                      Council Regulation (EEC) No 1676/85 ('), as last
amounts in agriculture ('), as last amended by Regulation             amended by Regulation (EEC) No 2205/90, those rates
(EEC) No 2205 /90 (2), and in particular Article 9 (2)                are also to be used for the conversion of certain other
thereof,                                                              agricultural amounts ; whereas the rates in question
                                                                      should be fixed to make it easier to use them,
Whereas the monetary compensatory amounts
introduced by Regulation (EEC) No 1677/85 were fixed
by Commission Regulation (EEC) No 1641 /91 (s), as                    HAS ADOPTED THIS REGULATION :
last amended by Regulation (EEC) No 2196/91 (4), on
the basis of the central rates and, for certain Member
States, on the basis of the exchange rates referred to in                                      Article 1
Article 3 of Commission Regulation (EEC) No 3153/85
of 11 November 1985 laying down detailed rules for the                The representative market rates referred to in Article 3a
calculation of monetary compensatory amounts (s), as                  of Regulation (EEC) No 3152/85, to be applied for
last amended by Regulation (EEC) No 3672/89 (6);                      certain amounts in the context of the common agri­
                                                                      cultural policy and used to fix or, where appropriate, to
Whereas, in accordance with Article 3 a of Commission
                                                                      adjust the monetary compensatory amounts, are set out
Regulation (EEC) No 3152/85 of 11 November 1985                       in the Annex hereto .
laying down detailed rules for the application of Regu­
lation (EEC) No 1676/85 on the value of the unit of
account and the conversion rates to be applied for the                                         Article 2
purposes of the common agricultural policy (7), as last
amended by Regulation (EEC) No 3237/90 (®), the rates                 This Regulation shall enter into force on 29 July 1991 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 25 July 1991 .
                                                                                        For the Commission
                                                                                        Ray MAC SHARRY
                                                                                    Member ofthe Commission
 ') OJ No L 164, 24. 6. 1985, p. 6.
 l) OJ No L 201 , 31 . 7. 1990, p. 9.
 J) OJ No L 153, 17. 6. 1991 , p. 1 .
 4) See page 1 of this Official Journal,
 ') OJ  No L 310,  21 . 11 . 1985, p. 4.
 ') OJ  No L 358,  8 . 12 . 1989, p. 28 .
 ') OJ  No L 310,  21 . 11 . 1985, p. 1 .
 ') OJ  No L 310,  9 . 11 . 1990, p. 18 .                             O OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- 29. 7 . 91                         Official Journal of the European Communities                                No L 207/43
                                                            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                60,5140               55,2545             48,5563
               Dkr               0,509801               11,1913             . 10,2186              8,97989
               DM                0,133650                2,93393               2,67893             2,35418
                FF               0,448246                9,84004               8,98480             7,89563
                 F1              0,150590                3,30579               3,01847             2,65256
               £ Irl             0,0498894               1,09519                 —
                                                                                                   0,878776
                 £               0,0455533                 —
                                                                               0,913086            0,802398
                Lit                —
                                                    2 195,23               2 004,44            1 761,45
                Dr              14,6126             ' 320,781                292,901             257,394
                Esc             11,5315               253,144                231,142             203,122
                Pta              8,37991               183,959               167,970             147,608