CELEX: 31987R0454
Language: en
Date: 1987-02-14 00:00:00
Title: Commission Regulation (EEC) No 454/87 of 13 February 1987 altering the specific agricultural conversion rates applicable in the rice sector

14. 2. 87                                Official Journal of the European Communities                              No L 46/9
                                       COMMISSION REGULATION (EEC) No 454/87
                                                      of 13 February 1987
                     altering the specific agricultural conversion rates applicable in the rice sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                        whereas the spot market rates for the pound sterling and
Having regard to the Treaty establishing the European              the Spanish peseta, recorded in accordance with Regula­
Economic Community,
                                                                   tion (EEC) No 3153/85 during the period 4 to 10
                                                                   February 1987, require the specific agricultural conversion
Having regard to Council Regulation (EEC) No 1676/85               rates applicable for the United Kingdom and Spain to be
of 11 June 1985 on the value of the unit of account and            altered pursuant to Article 9 (2) of Regulation (EEC) No
the conversion rates to be applied for the purposes of the         1677/85,
common agricultural policy ('), and in particular Article 2
(4) thereof,
Having regard to Council Regulation (EEC) No 1677/85               HAS ADOPTED THIS REGULATION :
of 11 June 1985 on monetary compensatory amounts in
agriculture (2), as last amended by Regulation (EEC) No
90/87 (3), and in particular Article 9 (2) thereof,                                         Article 1
Whereas by Commission Regulation (EEC) No
3294/86 (4), as last amended by Regulation (EEC) No                The Annex to amended Regulation (EEC) No 3294/86 is
380/87 (5), specific agricultural conversion rates to be           replaced by the Annex hereto.
applied in the rice sector were established ; whereas those
conversion rates must be altered pursuant to Articles 2                                     Article 2
and 3 of Commission Regulation (EEC) No 3153/85 (*) ;
Whereas Regulation (EEC) No 3153/85 lays detailed rules            This Regulation shall enter into force on 16 February
for the calculation of monetary compensatory amounts ;              1987.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States .
                   Done at Brussels, 13 February 1987.
                                                                             For the Commission
                                                                              Frans ANDRIESSEN
                                                                                 Vice-President
 (') OJ No L 164, 24. 6. 1985, p. 1 .
 (2) OJ No L 164, 24. 6. 1985, p. 6.
 (3) OJ No L 13, 15. 1 . 1987, p. 12.
 0 OJ No L 304, 30 . 10 . 1986, p. 25.
     O I No I. 36. 7. 2. 1987. D . 9 .
 («) OJ No L 310, 21 . 11 . 1985, p. 4.
 ---pagebreak--- No L 46/ 10 Official Journal of the European Communities    14. 2. 87
                                  ANNEX
             Specific agricultural conversion rate for rice
                      (Regulation (EEC) No 3294/86)
                      1 ECU = Bfs         47,7950
                               = DM        2,31728
                               = Dkr       8,83910
                               = Dr      169,876
                               = Pta     163,292
                               = FF        7,77184
                               = £ Irl     0,864997
                               = Lit   1 650,35
                               = F1        2,61097
                               =£          0,833275