CELEX: 31990R2632
Language: en
Date: 1990-09-17 00:00:00
Title: Commission Regulation (EEC) No 2632/90 of 13 September 1990 fixing the market conversion 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 253 / 36                            Official Journal of the European Communities                              17 . 9. 90
                                       COMMISSION REGULATION (EEC) No 2632/90
                                                      of 13 September 1990
                 fixing the market conversion 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                                     amended by Regulation (EEC) No 2300/89 (•), the rates
COMMUNITIES,                                                       used to fix or, where appropriate, adjust the monetary
                                                                   compensatory amounts, from this time forth defined as
Having regard to the Treaty establishing the European              market conversion rates, are to be used for the
Economic Community,                                                conversion into ecus of the amounts relating to world
Having regard to Council Regulation (EEC) No                       market data and expressed in the national currency of a
1677/ 85 of 11 June 1985 on monetary compensatory                  Member State ; whereas, pursuant to Article 2 (4) of
amounts in agriculture ('), as last amended by Regulation          Council Regulation (EEC) No 1676/ 85 (*), as last
(EEC) No 2205/90 O, and in particular Article 9(2)                 amended by Regulation (EEC) No 2205/90, those rates
thereof,                                                           are also to be used for the conversion of certain other
                                                                   agricultural amounts ; whereas the rates in question
Whereas the monetary compensatory amounts                          should be fixed to make it easier to use them ,
introduced by Regulation (EEC) No 1677/85 are fixed
by Commission Regulation (EEC) No 1207/90 (J), as                  HAS ADOPTED THIS REGULATION :
last amended by Regulation (EEC) No 2631 /90 (4), on
the basis of the central rates and, for certain Member                                      Article 1
States, on the basis of the exchange rates referred to in
Article 3 of Commission Regulation (EEC) No 3153/85                The market conversion rates referred to in Article 3a of
of 11 November 1985 laying down detailed rules for the             Regulation (EEC) No 3152/85, to be applied for certain
calculation of monetary compensatory amounts (s), as               amounts in the context of the common agricultural
last amended by Regulation (EEC) No 3672/ 89 (*);                  policy and used to fix or, where appropriate, to adjust
                                                                   the monetary compensatory amounts , shall be set out in
Whereas, in accordance with Article 3a of Commission               the Annex hereto.
Regulation (EEC) No 3152/85 of 11 November 1985
laying down detailed rules for the application of Regu­                                     Article 2
lation (EEC) No 1676/85 on the value of the unit of
account and the conversion rates to be applied for the             This Regulation shall enter into force on 17 September
purposes of the common agricultural policy (7), as last            1990 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 13 September 1990.
                                                                                    For the Commission
                                                                                    Ray MAC SHARRY
                                                                                 Member ofthe Commission
O-OJ No L 164 , 24. 6. 1985 , p. 6.
C) OJ No L 201 , 31 . 7 . 1990, p. 9.
o OJ No L 122 , 14 . 5 . 1990, p. 1 .
(4) See page 1 of this Official Journal.
(s) OJ No L 310, 21 . 11 . 1985, p. 4.
(•) OJ No L 358 , 8 . 12 . 1989, p. 28 .                           (•) OJ No L 220, 29. 7. 1989, p, 8 .
(') OJ No L 310, 21 . 11 . 1985, p. 1 .                            O OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- 17. 9 . 90                          Official Journal of the European Communities                               No L 253/ 37
                                                              ANNEX
           Market conversion 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
                                  Lit 100                    £ 1               £ Irl 1             ECU 1
            Bfrs/ Lfrs            2,75662               60,4406               55,2545             48,2868
               Dkr                0,509804              11,1778               10,2187              8,93008
               DM                 0,133651                 2,93039             2,67895             2,34113
                FF                0,448248                 9,82814             8,98483             7,85183
                Fl                0,150591                 3,30180             3,01849             2,63785
               £ Irl              0,0498895                1,09386               —
                                                                                                   0,873900
                £                 0,0456090              '   —                 0,914193            0,798913
                Lit                 —
                                                     2 192,57              2 004,43            1 751,67
                Dr               13,3516               292,743               267,623             233,876
               Esc               11,9713               262,478               239,955             209,697
               Pta                8,43098              184,855               168,993             147,683