CELEX: 31991R0610
Language: en
Date: 1991-03-18
Title: Commission Regulation (EEC) No 610/91 of 14 March 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

18 . 3 . 91                               Official Journal of the European Communities                            No L 70/41
                                          COMMISSION REGULATION (EEC) No 610/91
                                                          of 14 March 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                                       laying down detailed rules for the application of Regu­
 COMMUNITIES,                                                         lation (EEC) No 1676/85 on the value of the unit of
                                                                      account and the conversion rates to be applied for the
 Having regard to the Treaty establishing the European                purposes of the common agricultural policy ('), as last
 Economic Community,                                                  amended by Regulation (EEC) No 3237/90 (10), the
 Having regard to Council Regulation (EEC) No                         rates used to fix or, where appropriate, adjust the
 1677/85 of 11 June 1985 on monetary compensatory                     monetary compensatory amounts, from this time forth
 amounts in agriculture ('), as last amended by Regulation            defined as representative market rates, are to be used for
 (EEC) No 2205/90 (2), and in particular Article 9 (2)                the conversion into ecus of the amounts relating to world
 thereof,                                                             market data and expressed in the national currency of a
                                                                      Member State ; whereas, pursuant to Article 2 (4) of
 Having regard to Commission Regulation (EEC) No                      Council Regulation (EEC) No 1676/85 ("), as last
 3578/88 of 17 November 1988 laying down detailed                     amended by Regulation (EEC) No 2205/90, those rates
rules for the application of the system for the automatic             are also to be used for the conversion of certain other
dismantlement of negative monetary compensatory                       agricultural amounts ; whereas the rates in question
 amounts (J), as last amended by Regulation (EEC) No                  should be fixed to make it easier to use them,
287/91 (4), and in particular Article 7 thereof,
                                                                      HAS ADOPTED THIS REGULATION :
Whereas the monetary compensatory amounts
introduced by Regulation (EEC) No 1677/85 were fixed                                            Article 1
by Commission Regulation (EEC) No 1207/90 (s), as
last amended by Regulation (EEC) No 609/91 (4), on                    The representative market rates referred to in Article 3a
the basis of the central rates and, for certain Member                of Regulation (EEC) No 3152/85, to be applied for
States, on the basis of the exchange rates referred to in             certain amounts in the context of the common agri­
Article 3 of Commission Regulation (EEC) No 3153/85                   cultural policy and used to fix or, where appropriate, to
of 11 November 1985 laying down detailed rules for the                adjust the monetary compensatory amounts, shall be set
calculation of monetary compensatory amounts (7), as                  out in the Annex hereto .
last amended by Regulation (EEC) No 3672/89 (');
                                                                                                Article 2
Whereas, in accordance with Article 3a of Commission
Regulation (EEC) No 3152/85 of 11 November 1985                       This Regulation shall enter into force on 18 March 1991 .
                    This Regulation shall be binding in its entirety and directly applicable in all Member
                     States.
                    Done at Brussels, 14 March 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.
O     OJ   No L 312, 18 . 11 . 1988, p. 16.
(4)   OJ   No L 35, 7. 2 . 1991 , p. 10.
(*) OJ     No L 122, 14. 5 . 1990, p. 1 .
(*) See page 1 of this Official Journal.                               O OJ No L 310, 21 . 11 . 1985, p. 1 .
(7) OJ No L 310, 21 . 11 . 1985, p. 4.                                H OJ No L 310, 9. 11 . 1990, p. 18 .
(■) OJ No L 358 , 8 . 12 . 1989, p. 28 .                              O OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 70/42                          Official Journal of the European Communities                               18 . 3 . 91
                                                             ANNEX
           Representative market rates to be implied for certain amounts in the context of the common agricul­
                 tural policy and, in particular, for the calculation of the monetary compensatory amounts
                                  100 Lit                   1 £                 1 £ Irl             1 ECU
             Bfrs/Lfrs            2,75661                60,5688               55,2545            48,5563
               Dkr                0,509801               11,2015               10,2186              8,97989
               DM                 0,133650                2,93659               2,67893             2,35418
                FF                0,448246                9,84895               8,98480             7,89563
                 F1               0,150590                3,30878               3,01847             2,65256
               £ Irl              0,0498894               1,09618                 —
                                                                                                    0,878776
                  £               0,0455121                 —
                                                                                0,912260            0,801672
                Lit                 —
                                                     2 197,22               2 004,44           1 761,45
                Dr               14,3462               315,219                287,561            252,702
                Esc              11,5965               254,801                232,445            204,267
                Pta               8,36209               183,733               167,613            147,294