CELEX: 31995R0518
Language: en
Date: 1995-03-08 00:00:00
Title: COMMISSION REGULATION (EC) No 518/95 of 8 March 1995 fixing, for February 1995, the specific agricultural conversion rate for the amount of the reimbursement of storage costs in the sugar sector

9. 3. 95          PENI                 Official Journal of the European Communities                           No L 53/ 15
                                       COMMISSION REGULATION (EC) No 518/95
                                                       of 8 March 1995
                 fixing, for February 1995, the specific agricultural conversion rate for the amount
                               of the reimbursement of storage costs in the sugar sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                       whereas that specific rate must be fixed each month for
                                                                  the previous month ;
Having regard to the Treaty establishing the European
Community,                                                        Whereas application of these provisions will lead to the
 Having regard to Council Regulation (EEC) No 1785/81             fixing, for February 1995, of the specific agricultural
                                                                  conversion rate for the amount of the reimbursement of
of 30 June 1981 on the common organization of the
markets in the sugar sector ('), as last amended by Regula­       storage costs in the various national currencies as indi­
tion (EC) No 283/95 (2),                                          cated in the Annex to this Regulation,
Having regard to Council Regulation (EEC) No 3813/92
of 28 December 1992 on the unit of account and the                HAS ADOPTED THIS REGULATION :
conversion rates to be applied for the purposes of the
common agricultural policy (3), as last amended by Regu­                                   Article 1
lation (EC) No 150/95 (4),
Having regard to Commission Regulation (EEC)                      The specific agricultural conversion rate to be used to
No 1713/93 of 30 June 1993 establishing special detailed          convert the amount of the reimbursement of storage costs
rules for applying the agricultural conversion rate in the        referred to in Article 8 of Regulation (EEC) No 1785/81
sugar sector (^ as last amended by Regulation (EC)                into each of the national currencies for February 1995
                                                                  shall be as indicated in the Annex hereto.
No 2926/94 (*), and in particular Article 1 (3) thereof,
Whereas Article 1 (2) of Regulation (EEC) No 1713/93                                       Article 2
provides that the amount of the reimbursement of storage
costs referred to in Article 8 of Regulation (EEC)                This Regulation shall enter into force on the day of its
No 1785/81 is to be converted into national currency              publication in the Official Journal of the European
using a specific agricultural conversion rate equal to the        Communities.
average, calculated pro rata temporis, of the agricultural
conversion rates applicable during the month of storage ;         It shall apply with effect from 1 February 1995.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States.
                 Done at Brussels, 8 March 1995.
                                                                           For the Commission
                                                                              Franz FISCHLER
                                                                       Member of the Commission
(') OJ No  L 177, 1 . 7. 1981 , p. 4.
(2) OJ No  L 34, 14. 2. 1995, p. 3.
(3) OJ No  L 387, 31 . 12. 1992, p. 1 .
(4) OJ No  L 22, 31 . 1 . 1995, p. 1 .
0   OJ No  L 159, 1 . 7. 1993, p. 94.
if) OJ No L 307, 1 . 12. 1994, p. 56.
 ---pagebreak--- No L 53/ 16   Hen I              Official Journal of the European Communities                        9 . 3 . 95
                                                        ANNEX
            to the Commission Regulation of 8 March 1995 fixing, for February 1 995, the specific
            agricultural conversion Mite for the amount of the reimbursement of storage costs in the
                                                     sugar sector
                                               Agricultural conversion rates
                            ECU 1 =      40,8337          Belgian and Luxembourg francs
                                          7,74166         Danish kroner
                                          1,94962         German marks
                                        295,116           Greek drachmas
                                        164,115           Spanish pesetas
                                          6,61023         French francs
                                          0,808959        Irish punt
                                      2 011,64            Italian lire
                                          2,19672         Dutch guilders
                                         13,7190         Austrian schillings
                                        198,202           Portuguese escudos
                                          5,88000         Finnish marks
                                          9,30174         Swedish kroner
                                          0,795755        Pound sterling