CELEX: 31991R1041
Language: en
Date: 1991-04-26 00:00:00
Title: Commission Regulation (EEC) No 1041/91 of 25 April 1991 fixing the representative market rates to be applid for certain amounts in the context of the common agricultural policy and, in particular, for the calculation of the monetary compensatory amounts

No L 106/32                                  Official Journal of the European Communities                                26. 4. 91
                                           COMMISSION REGULATION (EEC) No 1041 /91
                                                             of 25 April 1991
                     fixing the representative market rates to be applid 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 COMMUNITIES,                            depending on the trend in the escudo (9) temporarily
                                                                        suspends the application of the compensatory amount in
                                                                        question pending confirmation of the trend in the
                                                                        escudo ;
 Having regard to the Treaty establishing the European
 Economic Community,
                                                                        Whereas, in accordance with Article 3a of Commission
                                                                         Regulation (EEC) No 3152/85 of 11 November 1985
                                                                         laying down detailed rules for the application of Regula­
 Having regard to Council Regulation (EEC) No 1677/85                   tion (EEC) No 1676/85 on the value of the unit of
 of 11 June 1985 on monetary compensatory amounts in                    account and the conversion rates to be applied for the
 agriculture ('), as last amended by Regulation (EEC) No                 purposes of the common agricultural policy (10), as last
 2205/90 (2), and in particular Article 9 (2) thereof,                  amended by Regulation (EEC) No 3237/90 ("), the rates
                                                                        used to fix or, where appropriate, adjust the monetary
                                                                        compensatory amounts, from this time forth defined as
                                                                        representative market rates, are to be used for the conver­
 Having regard to Commission Regulation (EEC) No                        sion into ecus of the amounts relating to world market
 3578/88 of 17 November 1988 laying down detailed rules                 data and expressed in the national currency of a Member
 for the application of the system for the automatic                    State ; whereas, pursuant to Article 2 (4) of Council Regu­
 dismantlement of negative monetary compensatory                        lation (EEC) No 1676/85 (12), as last amended by Regula­
 amounts (3), as last amended by Regulation (EEC) No                     tion (EEC) No 2205/90, those rates are also to be used for
 287/91 (4), and in particular Article 7 thereof,                       the conversion of certain other 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 Commis­
 sion Regulation (EEC) No 1207/90 (5), as last amended by
Regulation (EEC) No 950/91 (6), on the basis of the
central rates and, for certain Member States, on the basis
                                                                         HAS ADOPTED THIS REGULATION :
of the exchange rates referred to in Article 3 of Commis­
sion Regulation (EEC) No 3153/85 of 11 November 1985
 laying down detailed rules for the calculation of monetary
 compensatory amounts (7), as last amended by Regulation
(EEC) No 3672/89 («);                                                                               Article 1
                                                                        The representative market rates referred to in Article 3a of
Whereas the spot market rates recorded in accordance
                                                                        Regulation (EEC) No 3152/85, to be applied for certain
with Regulation (EEC) No 3153/85 in the period 17 to 23
April 1991 for the Portuguese escudo lead, pursuant to                  amounts in the context of the common agricultural policy
Article 9 (2) of Regulation (EEC) No 1677/85, to a change
                                                                        and used to fix or, where appropriate, to adjust the mone­
                                                                        tary compensatory amounts, shall be set out in the Annex
in the compensatory amounts applicable to Portugal and                  hereto.
an adaptation of the agricultural conversion rate for
Portugal in the pigmeat sector in accordance with Article
6a of Regulation (EEC) No 1677/85 ; whereas, however,
Commission Regulation (EEC) No 1040/91 of 25 April
 1991 on monetary compensatory amounts applicable                                                   Article 2
(') OJ  No  L   164, 24.   6 . 1985, p. 6.
(2) OJ  No  L   201 , 31 . 7. 1990, p. 9.                               This Regulation shall enter into force on 29 April 1991 .
(J) OJ  No  L   312, 18 .  11 . 1988 , p. 16.
(") OJ  No  L   35, 7. 2.   1991 , p. 10 .
(j OJ No L 122, 14. 5. 1990, p. 1 .                                     (*) See page 31 of this Official Journal.
(6) OJ No L 101 , 27. 4. 1991 , p. 1 .                                  H OJ    No L 310,  21 . 11 . 1985, p. 1 .
0 OJ No L 310, 21 . 11 . 1985, p. 4.                                    (") OJ  No L 310,  9. 11 . 1990, p. 18 .
(8) OJ No L 358 , 8 . 12. 1989, p. 28 .                                 (u) OJ  No L 164,  24. 6. 1985, p. 1 .
 ---pagebreak--- 26. 4. 91                     Official Journal of the European Communities                       No L 106/33
          This Regulation shall be binding in its entirety and directly applicable in all Member
          States.
          Done at Brussels, 25 April 1991 .
                                                                 For the Commission
                                                                  Ray MAC SHARRY
                                                             Member of the Commission
                                                    ANNEX
          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
                             100 Lit               ] £             1 £ Irl             1 ECU
             Bfrs/Lfrs      2,75661              61,2270  .       55,2545             48,5563
               Dkr          0,509801             11,3232          10,2186               8,97989
               DM           0,133650              2,96850           2,67893             2,35418
                FF          0,448246              9,95598           8,98480             7,89563
                 F1         0,150590              3,34474           3,01847             2,65256
               £ Irl        0,0498894             1,10809                               0,878776
                  £         0,0450228                               0,902453            0,793054
                Lit                           2 221,10         2 004,44            1 761,45
                Dr         14,4866              321,761          290,374             255,174
                Esc        11,5933              257,498          232,380             204,210
                Pta         8,27375             183,768          165,842             145,738