CELEX: 31991R0829
Language: en
Date: 1991-04-08 00:00:00
Title: Commission Regulation (EEC) No 829/91 of 4 April 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

- 8 . 4. 91                                Official Journal of the European Communities                             No L 87 /49
                                         COMMISSION REGULATION (EEC) No 829/91
                                                           of 4 April 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 (l0), 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 (*), 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 828 /91 ('), 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 3 a of Commission
  Regulation (EEC) No 3152/85 of 11 November 1985                     This Regulation shall enter into force on 8 April 1991 .
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States.
                   Done at Brussels, 4 April 1991 .
                                                                                        For the Commission
                                                                                        Ray MAC SHARRY
                                                                                    Member ofthe Commission
  (') 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.
  O   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 .
  O   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 .                              (") OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 87 / 50                         Official Journal of the European Communities                                8 . 4. 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                61,2270               55,2545             48,5563
                 Dkr               0,509801               11,3232               10,2186              8,97989
                 DM                0,133650                2,96850               2,67893             2,35418
                  FF               0,448246                9,95598               8,98480             7,89563
                   F1              0,150590                3,34474               3,01847             2,65256
                 £ Irl             0,0498894               1,10809                                   0,878776
                   £               0,0450228                                     0,902453            0,793054
                  Lit                                 2 221,10               2 004,44            1 761,45
                  Dr              14,4866                321,761               290,374             255,174
                  Esc             11,7497                260,972               235,515             206,965
                  Pta              8,36209               185,730               167,613             147,294