CELEX: 31991R3710
Language: en
Date: 1991-12-23 00:00:00
Title: Commission Regulation (EEC) No 3710/91 of 19 December 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

No L 355 / 46                                 Official Journal of the European Communities                               23 . 12 . 91
                                          COMMISSION REGULATION (EEC) No 3710/91
                                                           of 19 December 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
                                                                         3578/88 of 17 November 1988 laying down detailed
Having regard to Council Regulation (EEC) No                             rules for the application of the system for the automatic
1677/ 85 of 11 June 1985 on monetary compensatory
amounts in agriculture (*), as last amended by Regu­                     dismantlement of negative monetary compensatory
lation (EEC) No 2205/90 (2), and in particular Article 9                 amounts ('), as last amended by Regulation (EEC) No
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 (n), 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 3709/91 (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
                                                                         easier to use them,
States, on the basis of the exchange rates referred to in
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 (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 (8), 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 23 December
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, 19 December 1991 .
                                                                                            For the Commission
                                                                                            Ray MAC SHARRY
                                                                                        Member ofthe Commission
(') OJ No L 164, 24. 6. 1985, p. 6.
(2) OJ No L 201 , 31 . 7 . 1990, p. 9 .
0 OJ No L 153, 17. 6. 1991 , p. 1 .
(') 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--- 23 . 12 . 91                           Official Journal of the European Communities                                No L 355 / 47
                                                                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
             I                       100 Lit                   1 £                 1 £ Irl             1 ECU
                 Bfrs/Lfrs           2,75661                59,6729               55,2545             48,5563
                   Dkr               0,509801               11,0358               10,2186              8,97989
                   DM                0,133650                2,89315               2,67893             2,35418
                    FF               0,448246                9,70327               8,98480             7,89563
                     F1              0,150590                3,25984               3,01847             2,65256
                   £ Irl             0,0498894               1,07996                 —
                                                                                                       0,878776
                     £               0,0461954                 —
                                                                                   0,925956            0,813708
                    Lit                —
                                                        2 164,72               2 004,44            1 761,45
                    Dr              15,1901                328,823               304,476             267,566
                    Esc             11,6786                252,809               234,090             205,713
                    Pta              8,47802               183,525               169,936             149,336