CELEX: 31991R3161
Language: en
Date: 1991-11-01 00:00:00
Title: Commission Regulation (EEC) No 3161/91 of 30 October 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

1 . 11 . 91                              Official Journal of the European Communities                           No L 302 /43
                                      COMMISSION REGULATION (EEC) No 3161/91
                                                       of 30 October 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                                      lation (EEC) No 1677/85 and without prejudice to
COMMUNITIES,                                                       Article 7 (2) of Commission Regulation (EEC) No
Having regard to the Treaty establishing the European               3578/88 of 17 November 1988 laying down detailed
Economic Community,                                                 rules for the application of the system for the automatic
                                                                    dismantlement of negative monetary compensatory
Having regard to Council Regulation (EEC) No                        amounts (9), as last amended by Regulation (EEC) No
1677/ 85 of 11 June 1985 on monetary compensatory                   3137/91 (10), those rates are to be the agricultural
amounts in agriculture (*), as last amended by Regu­                conversion rates applying to pigmeat; whereas, pursuant
lation (EEC) No 2205/90 (2), and in particular                      to Article 2 (4) of Council Regulation (EEC) No
Article 12 thereof,                                                 1676/85 ("), as last amended by Regulation (EEC) No
Whereas the monetary compensatory amounts                           2205 /90, those rates are also to be used for the
introduced by Regulation (EEC) No 1677/ 85 were fixed               conversion of certain other agricultural amounts ;
by Commission Regulation (EEC) No 1641 /91 (3), as                  whereas the rates in question should be fixed to make it
last amended by Regulation (EEC) No 3160/91 (4), on                 easier to use them ;
the basis of the central rates and, for certain Member
                                                                    Whereas the measures provided for in this Regulation
States, on the basis of the exchange rates referred to in           are in accordance with the opinion of the Management
Article 3 of Commission Regulation (EEC) No 3153/85                 Committee for Oils and Fats,
of 11 November 1985 laying down detailed rules for the
calculation of monetary compensatory amounts (5), as
last amended by Regulation (EEC) No 3672/89 (');                    HAS ADOPTED THIS REGULATION :
Whereas, in accordance with Article 3a of Commission                                          Article 1
Regulation (EEC) No 3152/ 85 of 11 November 1985
laying down detailed rules for the application of Regu­             The representative market rates referred to in Article 3a
lation (EEC) No 1676/ 85 on the value of the unit of                of Regulation (EEC) No 3152/85, to be applied for
account and the conversion rates to be applied for the              certain amounts in the context of the common agri­
purposes of the common agricultural policy (7), as last             cultural policy and used to fix or, where appropriate, to
amended by Regulation (EEC) No 3237/90 (®), the                     adjust the monetary compensatory amounts, are set out
rates used to fix or, where appropriate, adjust the                 in the Annex hereto.
monetary compensatory amounts, from this time forth
defined as representative market rates, are to be used for                                    Article 2
the conversion into ecus of the amounts relating to world
market data and expressed in the national currency of a             This Regulation shall enter into force on 1 November
Member State ; whereas, pursuant to Article 6a of Regu­             1991 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                  States .
                 Done at Brussels, 30 October 1991 .
                                                                                      For the Commission
                                                                                      Ray MAC SHARRY
                                                                                   Member ofthe Commission
(1) OJ No L 164, 24. 6. 1985, p. 6.
(2) OJ No L 201 , 31 . 7. 1990, p. 9.
(J) 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.
O   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 302 /44                          Official Journal of the European Communities                               1 . 11 . 91
                                                             ANNEX
             Representative market rates to be applied 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               60,2533               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               14,8797               325,236               298,253             262,098
                  Esc              11,5315               252,053               231,142             203,122
                  Pta               8,37401              183,037               167,852             147,504