CELEX: 31992R2481
Language: en
Date: 1992-08-31 00:00:00
Title: Commission Regulation (EEC) No 2481/92 of 26 August 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

31 . 8 . 92                                  Official Journal of the European Communities                           No L 253/ 39
                                            COMMISSION REGULATION (EEC) No 2481 /92
                                                             of 26 August 1992
                    firing 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
THE COMMISSION OF THE EUROPEAN                                          the conversion into ecus of the amounts relating to world
 COMMUNITIES,                                                           market data and expressed in the national currency of a
                                                                        Member State; whereas, pursuant to Article 6a of Regu­
 Having regard to the Treaty establishing the European                  lation (EEC) No 1677/85 and without prejudice to
 Economic Community,                                                    Article 7 (2) of Commission Regulation (EEC) No
 Having regard to Council Regulation (EEC) No                           3578 /88 of 17 November 1988 laying down detailed
 1677/85 of 11 June 1985 on monetary compensatory                       rules for the application of the system for the automatic
 amounts in agriculture (1), as last amended by Regu­                   dismantlement of negative monetary compensatory
 lation (EEC) No 2205/90 (*), and in particular                         amounts ('), as last amended by Regulation (EEC) No
Articles 9 and 6a thereof,                                              3137/91 (10), those rates are to be the agricultural
                                                                        conversion rates applying to pigmeat; whereas, pursuant
Whereas the monetary compensatory amounts                               to Article 2 (4) of Council Regulation (EEC) No
 introduced by Regulation (EEC) No 1677/85 were fixed                    1676/85 ("), as last amended by Regulation (EEC) No
                                                                        2205/90, those rates are also to be used for the
 by Commission Regulation (EEC) No 1641 /91 (3), as
 last amended by Regulation (EEC) No 2480/92 (4), on                    conversion of certain other agricultural amounts ;
 the basis of the central rates and, for certain Member                 whereas the rates in question should be fixed to make it
 States, on the basis of the exchange rates referred to in              easier to use them,
Article 3 of Commission Regulation (EEC) No 3153/85
 of 11 November 1985 laying down detailed rules for the                 HAS ADOPTED THIS REGULATION :
 calculation of monetary compensatory amounts (5), as                                             Article 1
 last amended by Regulation (EEC) No 3672/89 (4);
                                                                        The representative market rates referred to in Article 3a
Whereas, in accordance with Article 3a of Commission                    of Regulation (EEC) No 3152/85, to be applied for
 Regulation (EEC) No 3152/ 85 of 11 November 1985                       certain amounts in the context of the common agri­
 laying down detailed rules for the application of Regu­                cultural policy and used to fix or, where appropriate, to
 lation (EEC) No 1676/85 on the value of the unit of                    adjust the monetary compensatory amounts, are set out
 account and the conversion rates to be applied for the                 in the Annex hereto.
purposes of the common agricultural policy (7), as last
 amended by Regulation (EEC) No 3237/90 (*), the                                                  Article 2
 rates used to fix or, where appropriate, adjust the
 monetary compensatory amounts, from this time forth                    This Regulation shall enter into force on 31 August
defined as representative market rates, are to be used for              1992 .
                    This Regulation shall be binding in its entirety and directly applicable in all Member
                    States .
                    Done at Brussels, 26 August 1992.
                                                                                          For the Commission
                                                                                          Ray MAC SHARRY
                                                                                      Member ofthe Commission
o OJ No L 164, 24. 6. 1985, p. 6.
O OJ No L 201 , 31 . 7. 1990, p. 9.
(») OJ No L 153, 17. 6. 1991 , p. 1 .
(4) See page 1 of this Official Journal.
(') OJ    No L 310,  21 . 11 . 1985, p. 4.
(*)  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 .                             (,0) OJ No L 297, 29. 10. 1991 , p. 17.
(') OJ    No L 310,  9. 11 . 1990, p. 18.                               (") OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 253 /40                        Official Journal of the European Communities                              31 . 8 . 92
                                                           ANNEX
             Conversion rates used for the calculation of monetary compensatory amounts and to be applied for
                                          certain amounts in the agricultural sector
                                  100 Lit                 1 £                  1 £ Irl         1 ECU
               Bfrs/Lfrs          2,75661              58,8580               55,2545          48,5563
                 Dkr              0,509801             10,8851               10,2186           8,97989
                 DM               0,133650              2,85364               2,67893          2,35418
                  FF              0,448246              9,57077               8,98480          7,89563
                   F1             0,150590              3,21533               3,01847          2,65256
                 £ Irl            0,0498894             1,06522                  —
                                                                                               0,878776
                   £              0,0468349               —
                                                                              0,938775         0,824973
                  Lit               —
                                                    2 135,16              2 004,44         1 761,45
                  Dr             16,3547              349,198               327,818          288,079
                  Esc            11,5483              246,575               231,479          203,418
                  Pta             8,47660             180,989               169,908          149,311