CELEX: 31988R3776
Language: en
Date: 1988-12-03 00:00:00
Title: Commission Regulation (EEC) No 3776/88 of 2 December 1988 altering the specific agricultural conversion rates applicable in the rice sector

3. 12. 88                                Official Journal of the European Communities                           No L 332/ 11
                                      COMMISSION REGULATION (EEC) No 3776/88
                                                      of 2 December 1988
                     altering the specific agricultural conversion rates applicable in the rice sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                        Whereas Regulation (EEC) No 3153/85 lays down
Having regard to the Treaty establishing the European              detailed rules for the calculation of monetary compensa­
Economic Community,                                                tory amounts ; whereas the spot market rate for the
                                                                   Spanish peseta recorded in accordance with Regulation
Having regard to Council Regulation (EEC) No 1676/85               (EEC) No 3153/85 during the period 23 to 29 November
of 11 June 1985 on the value of the unit of account and             1988, requires the specific agricultural conversion rate
the conversion rates to be applied for the purposes of the         applicable for Spain to be altered pursuant to Article 9 (2)
common agricultural policy ('), as last amended by Regu­           of Regulation (EEC) No 1677/85,
lation (EEC) No 1636/87 (2), and in particular Article 2 (4)
thereof,
                                                                    HAS ADOPTED THIS REGULATION :
Having regard to Council Regulation (EEC) No 1677/85
of 11 June 1985 on monetary compensatory amounts in
agriculture (3), as last amended by Regulation (EEC) No                                     Article 1
1889/87 (4), and in particular Article 9 (2) thereof,
Whereas by Commission Regulation (EEC) No                          The Annex to Regulation (EEC) No 3294/86 is replaced
3294/86 (*), as last amended by Regulation (EEC) No                 by the Annex hereto.
3682/88 (6), specific agricultural conversion rates to be
applied in the rice sector were established ; whereas those                                 Article 2
conversion rates must be altered pursuant to Articles 2
and 3 of Commission Regulation (EEC) No 3153/85 Q, as               This Regulation shall enter into force on 5 December
last amended by Regulation (EEC) No 3770/87 (8) ;                   1988 .
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States .
                   Done at Brussels, 2 December 1988 .
                                                                            For the Commission
                                                                             Frans ANDRIESSEN
                                                                                Vice-President
(') OJ No L 164, 24. 6. 1985, p. 1 .
0   OJ  No L   153, 13. 6. 1987, p. 1 .
0   OJ  No L   164, 24. 6. 1985, p. 6.
(4) OJ  No L   182, 3. 7. 1987, p. 1 .
(0  OJ  No L   304, 30. 10. 1986, p. 25.
(«) OJ No L 321 , 26. 11 . 1988, p. 11 .
f) OJ No L 310, 21 . 11 . 1985, p. 4.
(«) OJ No L 355, 17. 12. 1987, p. 16.
 ---pagebreak--- No L 332/ 12 Official Journal of the European Communities    3 . 12. 88
                                   ANNEX
              Specific agricultural conversion rate for rice
                       (Regulation (EEC) No 3294/86)
                        1 ECU = Bfs        48,2869
                                = DM        2,34113
                                = Dkr       8,93007
                                = Dr      192,844
                                = Pta     152,208
                                =» FF       7,85183
                                = £Irl      0,873900
                                = Lit   1 725,91
                                = F1        2,63785
                                =£          0,736198
                                                         \