CELEX: 31991R1339
Language: en
Date: 1991-05-27 00:00:00
Title: Commission Regulation (EEC) No 1339/91 of 23 May 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 132/ 38                             Official Journal of the European Communities                               27 . 5 . 91
                                      COMMISSION REGULATION (EEC) No 1339/91
                                                         of 23 May 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                                     laying down detailed rules for the application of Regu­
COMMUNITIES,                                                       lation (EEC) No 1676/85 on the value of the unit of
                                                                   account and the conversion rates to be applied for the
Having regard to the Treaty establishing the European              purposes of the common agricultural policy ('), as last
Economic Community,                                                amended by Regulation (EEC) No 3237/90 (10), the
Having regard to Council Regulation (EEC) No                       rates used to fix or, where appropriate, adjust the
1677/85 of 11 June 1985 on monetary compensatory                    monetary compensatory amounts, from this time forth
amounts in agriculture ('), as last amended by Regulation          defined as representative market rates, are to be used for
(EEC) No 2205/90 (2), and in particular Article 9 (2)              the conversion into ecus of the amounts relating to world
thereof,                                                            market data and expressed in the national currency of a
                                                                    Member State ; whereas, pursuant to Article 2 (4) of
Having regard to Commission Regulation (EEC) No                     Council Regulation (EEC) No 1676/85 ("), as last
3578 /88 of 17 November 1988 laying down detailed                   amended by Regulation (EEC) No 2205/90, those rates
rules for the application of the system for the automatic           are also to be used for the conversion of certain other
dismantlement of negative monetary compensatory                     agricultural amounts ; whereas the rates in question
amounts (3), as last amended by Regulation (EEC) No                 should be fixed to make it easier to use them,
287/91 (4), and in particular Article 7 thereof,
Whereas the monetary compensatoiy amounts                           HAS ADOPTED THIS REGULATION :
introduced by Regulation (EEC) No 1677/85 were fixed                                         Article 1
by Commission Regulation (EEC) No 1207/90 (5), as
last amended by Regulation (EEC) No 1338/91 ('), on                The representative market rates referred to in Article 3a
the basis of the central rates and, for certain Member              of Regulation (EEC) No 3152/ 85, to be applied for
States, on the basis of the exchange rates referred to in           certain amounts in the context of the common agri­
Article 3 of Commission Regulation (EEC) No 3153/ 85                cultural policy and used to fix or, where appropriate, to
of 11 November 1985 laying down detailed rules for the              adjust the monetary compensatory amounts, shall be set
calculation of monetary compensatory amounts (7), as                out in the Annex hereto.
last amended by Regulation (EEC) No 3672/89 (*);
                                                                                              Article 2
Whereas, in accordance with Article 3a of Commission
Regulation (EEC) No 3152/85 of 11 November 1985                    This Regulation shall enter into force on 27 May 1991 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 23 May 1991 .
                                                                                      For the Commission
                                                                                      Ray MAC SHARRY
                                                                                   Member ofthe Commission
C) oj No L 164, 24. 6 . 1985, p. 6.
(J) OJ No L 201 , 31 . 7. 1990, p. 9.
O OJ No L 312, 18. 11 . 1988 , p. 16.
O OJ No L 35, 7. 2. 1991 , p. 10.
(*) OJ No L 122, 14. 5. 1990, p. 1 .
(*) See page 1 of this Official Journal.                             O OJ No L 310, 21 . 11 . 1985, p. 1 .
O OJ No L 310, 21 . 11 . 1985, p. 4.                                H OJ No L 310, 9. 11 . 1990, p. 18 .
(») OJ No L 358 , 8 . 12 . 1989, p. 28 .                            (") OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- 27. 5 . 91                         Official Journal of the European Communities                                No L 132 /39
                                                            ANNEX
           Representative market rates to be applied for certain amounts in the context of the common agricul­
                tural policy and, in particular, tor the calculation of the monetary compensatory amounts
                                 100 Lit                   1 £                 1 £ Irl             1 ECU
             Bfrs/Lfrs           2,75661                61,0446               55,2545             48,5563
               Dkr               0,509801               11,2895               10,2186              8,97989
               DM                0,133650                2,95966               2,67893             2,35418
                FF               0,448246                9,92633               8,98480             7,89563
                 F1              0,150590                3,33478               3,01847             2,65256
               £ Irl             0,0498894               1,10479                 —
                                                                                                   0,878776
                 £               0,0451573                 —
                                                                               0,905149            0,795423
                lit                —
                                                    2 214,48               2 004,44            1 761,45
                Dr              14,6411                324,224               293,471             257,895
                Esc             11,6489                257,963               233,495             205,190
                Pta              8,27477               183,243               165,863             145,756