CELEX: 31987R0380
Language: en
Date: 1987-02-07 00:00:00
Title: Commission Regulation (EEC) No 380/87 of 6 February 1987 altering the specific agricultural conversion rates applicable in the rice sector

7. 2. 87                               Official Journal of the European Communities                             No L 36/9
                                    COMMISSION REGULATION (EEC) No 380/87
                                                     of 6 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 Greek drachma, the
                                                                 Spanish peseta, the Italian lire and the pound sterling,
Having regard to the Treaty establishing the European            recorded in accordance with Regulation (EEC) No
Economic Community,
                                                                 3153/85 during the period 28 January to 3 February 1987,
Having regard to Council Regulation (EEC) No 1676/85             require the specific agricultural conversion rates appli­
of 11 June 1985 on the value of the unit of account and          cable for Greece, Spain, Italy and the United Kingdom to
the conversion rates to be applied for the purposes of the       be altered pursuant to Article 9 (2) of Regulation (EEC)
common agricultural policy ('), and in particular Article 2      No 1677/85,
(4) thereof,
Having regard to Council Regulation (EEC) No 1677/85
of 11 June 1985 on monetary compensatory amounts in              HAS ADOPTED THIS REGULATION :
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
202/87 (*), 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
and 3 of Commission Regulation (EEC) No 3153/85 (*) ;                                     Article 2
Whereas Regulation (EEC) No 3153/85 lays detailed rules
for the calculation of monetary compensatory amounts ;           This Regulation shall enter into force on 9 February 1987.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                   States.
                   Done at Brussels, 6 February 1987.
                                                                          For the Commission
                                                                           Frans ANDRIESSEN
                                                                              Vice-President
 [') OJ No L 164, 24. 6. 1985, p. 1 .
 H OJ No L 164, 24. 6. 1985, p. 6.
 P) OJ No L 13, 15. 1 . 1987, p. 12.
(4) OJ No L 304, 30. 10. 1986, p. 25.
0 OJ No L 22, 24. 1 . 1987, p. 10.
 ¥) OJ No L 310, 21 . 11 . 1985, p. 4.
 ---pagebreak--- No L 36/ 10 Official Journal of the European Communities    7. 2. 87
                                  ANNEX
             Specific agricultural conversion rate (or rice
                      (Regulation (EEC) No 3294/86)
                       1 ECU = Bfs        47,7950
                               = DM        2,31728
                               = Dkr       8,83910
                               = Dr      169,876
                               = Pta     165,187
                               = FF        7,77184
                               = £ Irl     0,864997
                               = Lit   1 650,35
                               = F1        2,61097
                               =£          0,842053