CELEX: 31996R0014
Language: en
Date: 1996-01-04
Title: COMMISSION REGULATION (EC) No 14/96 of 4 January 1996 fixing, for December 1995, the specific agricultural conversion rate for the amount of the reimbursement of storage costs in the sugar sector

No L 3/ 8           I EN                 Official Journal of the European Communities                               5. 1 . 96
                                        COMMISSION REGULATION (EC) No 14/96
                                                       of 4 January 1996
                  fixing, for December 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,                        conversion rates applicable during the month of storage ;
                                                                   whereas that specific rate must be fixed each month for
 Having regard to the Treaty establishing the European             the previous month ;
Community,
Having regard to Council Regulation (EEC) No 1785/81               Whereas application of these provisions will lead to the
of 30 June 1981 on the common organization of the                  fixing, for December 1995, of the specific agricultural
                                                                   conversion rate for the amount of the reimbursement of
markets in the sugar sector ('), as last amended by Regula­
tion (EC) No 1 101 /95 0,                                          storage costs in the various national currencies as indi­
                                                                   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
conversion rates to be applied for the purposes of the             HAS ADOPTED THIS REGULATION :
common agricultural policy (3), as last amended by Regu­
lation (EC) No 1 50/95 (4),                                                                 Article 1
 Having regard to Commission Regulation (EEC)
 No 1713/93 of 30 July 1993 establishing special detailed          The specific agricultural conversion rate to be used to
rules for applying the agricultural conversion rate in the         convert the amount of the reimbursement of storage costs
sugar sector (*), as last amended by Regulation (EC)               referred to in Article 8 of Regulation (EEC) No 1785/81
                                                                   into each of the national currencies for December 1995
 No 2926/94 (% and in particular Article 1 (3) thereof,
                                                                   shall be as indicated in the Annex hereto.
Whereas Article 1 (2) of Regulation (EEC) No 1713/93
provides that the amount of the reimbursement of storage                                    Article 2
costs referred to in Article 8 of Regulation (EEC)
 No 1785/81 is to be converted into national currency              This Regulation shall enter into force on 5 January 1996.
using a specific agricultural conversion rate equal to the
average, calculated pro rata temporis, of the agricultural         It shall apply with effect from 1 December 1995.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                  Done at Brussels, 4 January 1996.
                                                                            For the Commission
                                                                               Franz FISCHLER
                                                                        Member of the Commission
(') OJ No  L 177, 1 . 7. 1981 , p. 4.
 2  OJ No  L 110 , 17. 5. 1995, p. 1 .
(3) OJ No  L 387, 31 . 12. 1992, p. 1 .
(<) OJ No  L 22, 31 . 1 . 1995, p. 1 .
Is) OJ No L 159, 1 . 7. 1993, p. 94.
 «) OJ No L 307, 1 . 12. 1994, p. 56.
 ---pagebreak--- 5. 1 . 96   I EN I             Official Journal of the European Communities                        No L 3/9
                                                       ANNEX
          to the Commission Regulation of 4 January 1996 fixing, for December 1995, the specific
          agricultural conversion rate for the amount of the reimbursement of storage costs in the
                                                    sugar sector
                                              Agricultural conversion rates
                         ECU 1 =        39,5239          Belgian and Luxembourg francs
                                         7,49997         Danish kroner
                                         1,90616         German marks
                                      310,328            Greek drachmas
                                       165,198           Spanish pesetas
                                         6,61023         French francs
                                         0,829498        Irish punt
                                    2 164,34             Italian lire
                                         2,14021         Dutch guilders
                                        13,4084         Austrian schillings
                                      198,202            Portuguese escudos
                                         5,88000         Finnish marks
                                         9,24240         Swedish kroner
                                         0,856563        Pound sterling