CELEX: 31992R3226
Language: en
Date: 1992-11-09 00:00:00
Title: Commission Regulation (EEC) No 3226/92 of 5 November 1992 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 and the agricultural conversion rates for the pigmeat sector in the United Kingdom

9 . 11 . 92                                 Official Journal of the European Communities                           No L 323 /47
                                          COMMISSION REGULATION (EEC) No 3226/92
                                                         of 5 November 1992
                   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 and the agricultural conversion rates for the pigmeat sector in the
                                                           United Kingdom
THE COMMISSION OF THE EUROPEAN                                        monetary compensatory amounts, from this time forth
COMMUNITIES,                                                          defined as representative market rates, are to be used for
                                                                      the conversion into ecus of the amounts relating to world
                                                                      market data and expressed in the national currency of a
                                                                      Member State ; whereas, pursuant to Article 6a of Regu­
                                                                      lation (EEC) No 1677/85 and without prejudice to
Having regard to the Treaty establishing the European                 Article 7 (2) of Commission Regulation (EEC) No
Economic Community,                                                   3578/88 of 17 November 1988 laying down detailed
                                                                      rules for the application of the system for the automatic
                                                                      dismantlement of negative monetary compensatory
                                                                      amounts (9), as last amended by Regulation (EEC) No
                                                                      3137/91 (10), those rates are to be the agricultural
                                                                      conversion rates applying to pigmeat ; whereas, pursuant
Having regard to Council Regulation (EEC) No                          to Article 2 (4) of Council Regulation (EEC) No
1677/85 of 11 June 1985 on monetary compensatory                       1676/85 (ll), as last amended by Regulation (EEC) No
amounts in agriculture ('), as last amended by Regu­                  2205/90, those rates are also to be used for the
lation (EEC) No 2205 /90 (2), and in particular                       conversion of certain other agricultural amounts ;
Article 9 (2) thereof,                                                whereas the rates in question should be fixed to make it
                                                                      easier to use them,
                                                                      HAS ADOPTED THIS REGULATION :
Whereas the monetary compensatory amounts
introduced by Regulation (EEC) No 1677/85 were fixed
by Commission Regulation (EEC) No 1641 /91 (3), as
last amended by Regulation (EEC) No 3225/92 (4), on                                             Article 1
the basis of the central rates and, for certain Member
States, on the basis of the exchange rates referred to in             The representative market rates referred to in Article 3a
Article 3 of Commission Regulation (EEC) No 3153/ 85                  of Regulation (EEC) No 3152/85, to be applied for
of 11 November 1985 laying down detailed rules for the                certain amounts in the context of the common agri­
calculation of monetary compensatory amounts (*), as                  cultural policy and used to fix or, where appropriate, to
last amended by Regulation (EEC) No 3672/89 (6);                      adjust the monetary compensatory amounts, are set out
                                                                      in the Annex hereto.
                                                                                                Article 2
Whereas, in accordance with "Article 3a of Commission
Regulation (EEC) No 3152/85 of 11 November 1985                       The agricultural conversion rates for the pigmeat sector
                                                                      is fixed :
laying down detailed rules for the application of Regu­
lation (EEC) No 1676/85 on the value of the unit of                   — in the United Kingdom at ECU 1 = £ 0,874575
account and the conversion rates to be applied for the                     (pound sterling).
purposes of the common agricultural policy (7)> as last
amended by Regulation (EEC) No 3237/90 (8), the
rates used to fix or, where appropriate, adjust the                                             Article 3
O OJ No L 164, 24. 6. 1985, p. 6.
                                                                      This Regulation shall enter into force on 9 November
                                                                      1992 .
(') OJ No L 201 , 31 . 7. 1990, p. 9.
(s) OJ No L 153, 17 . 6. 1991 , p. 1 .
(4) See page 1 of this Official Journal.
(5) OJ   No L 310,  21 . 11 . 1985, p. 4.
C)  OJ   No L 358,  8 . 12. 1989, p. 28 .                              O OJ No L 312, 18 . 11 . 1988 , p. 16.
O   OJ   No L 310,  21 . 11 . 1985, p. 1 .                            H OJ No L 297, 29. 10. 1991 , p. 17.
(8) OJ   No L 310,  9. 11 . 1990, p. 18 .                             O OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 323 /48                          Official Journal of the European Communities                              9 . 11 . 92
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 5 November 1992.
                                                                                        For the Commission
                                                                                        Ray MAC SHARRY
                                                                                     Member ofthe Commission
                                                             ANNEX
               Conversion rates used for the calculation of monetary compensatory amounts and to be applied for
                                            certain amounts in the agricultural sector
             I                      100 Lit                 1 £               ' 1 £ Irl             1 ECU.
                 Bfrs /Lfrs         2,48893              51,5417               55,2545             48,5563
                    Dkr       '     0,460297              9,53200              10,2186              8,97989
                    DM              0,120672              2,49892               2,67893             2,35418
                    FF              0,404719              8,38108               8,98480             7,89563
                     F1             0,135967              2,81565               3,01847             2,65256
                   £ Irl            0,0450449             0,932806                —                 0,878776
                     £              0,0482897               —                   1,07203             0,942078
                    Lit               —               2 070,84             2 220,01             1 950,89
                  " Dr             15,1141              312,989              335,535              294,860
                    Esc            10,4037              215,443              230,962              202,964
                    Pta             8,28448             171,558              183,916              161,621