CELEX: 31991R3390
Language: en
Date: 1991-11-25 00:00:00
Title: Commission Regulation (EEC) No 3390/91 of 21 November 1991 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

25 . 11 . 91                              Official Journal of the European Communities                           No L 323 /41
                                       COMMISSION REGULATION (EEC) No 3390/91
                                                       of 21 November 1991
                 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
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 (*), as        last amended by Regu­          dismantlement of negative monetary compensatory
lation (EEC) No 2205/90             (2), and in particular           amounts (*), as last amended by Regulation (EEC) No
Article 9 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 (J), as
last amended by Regulation (EEC) No 3389/91 (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 (s), as                                           Article 1
last amended by Regulation (EEC) No 3672/89 (6);
                                                                     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 25 November
defined as representative market rates, are to be used for           1991 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 21 November 1991 .
                                                                                       For the Commission
                                                                                       Ray MAC SHARRY
                                                                                    Member ofthe Commission
C)  oj No L 164, 24. 6. 1985, p. 6.
O   OJ No L 201 , 31 . 7. 1990, p. 9.
(5) OJ No L 153, 17. 6. 1991 , p. 1 .
(4) See page 1 of this Official Journal.
O   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 .                              H 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 323 /42                         Official Journal of the European Communities                                25 . 11 . 91
                                                              ANNEX
             Representative market rates to be applied for certain amounts in the context of the common agricul­
                  tural policy and, in particular, tor the calculation of the monetary compensatory amounts
                                   100 Lit                   1 £                 1 £ Irl             1 ECU
               Bfrs/Lfrs           2,75661                60,2533               55,2545             48,5563
                 Dkr               0,509801               11,1431               10,2186              8,97989
                 DM                0,133650                2,92129               2,67893             2,35418
                  FF               0,448246                9,79765               8,98480             7,89563
                   F1              0,150590                3,29155               3,01847             2,65256
                 £ Irl             0,0498894               1,09047                 —
                                                                                                     0,878776
                   £               0,0457504                 —
                                                                                 0,917037            0,805870
                  Lit                —
                                                      2 185,77               2 004,44            1 761,45
                  Dr              15,0387                328,712               301,441             264,899
                  Esc             11,5610                252,698               231,734             203,642
                  Pta              8,37401               183,037               167,852             147,504