CELEX: 31996R0400
Language: en
Date: 1996-03-05 00:00:00
Title: COMMISSION REGULATION (EC) No 400/96 of 5 March 1996 fixing, for February 1996, the specific agricultural conversion rate for the amount of the reimbursement of storage costs in the sugar sector

6 . 3 . 96          I EN I                Official Journal of the European Communities                             No L 55/3
                                          COMMISSION REGULATION (EC) No 400/96
                                                           of 5 March 1996
                    fixing, for February 1996, the specific agricultural conversion rate for the amount
                                  of the reimbursement of storage costs in the sugar sector
 THE COMMISSION OF THE EUROPEAN COMMUNITIES,                          conversion rates applicable during the month of storage;
 Having regard to the Treaty establishing the European                whereas that specific rate must be fixed each month for
 Community,                                                           the previous month;
 Having regard to Council Regulation (EEC) No 1785/81                 Whereas application of these provisions will lead to the
 of 30 June 1981 on the common organization of the                    fixing, for February 1996, of the specific agricultural
                                                                      conversion rate for the amount of the reimbursement of
 markets in the sugar sector ('), as last amended by Regula­
 tion (EC) No 1 101 /95 (2),                                          storage costs in the various national currencies as indi­
                                                                      cated in the Annex to this Regulation,
 Having regard to Council Regulation (EEC) No 3813/92
 of 28 December 1992 on the unit of account and the
 conversion rates to be applied for the purposes of the               HAS ADOPTED THIS REGULATION :
 common agricultural policy (3), as last amended by Regu­
 lation (EC) No 1 50/95 (4),                                                                   Article 1
 Having regard to Commission Regulation (EEC)
 No 1713/93 of 30 July 1993 establishing special detailed             The specific agricultural conversion rate to be used to
 rules for applying the agricultural conversion rate in the           convert the amount of the reimbursement of storage costs
 sugar sector (5), as last amended by Regulation (EC)                 referred to in Article 8 of Regulation (EEC) No 1785/81
 No 2926/94 (®), and in particular Article 1 (3) thereof,             into each of the national currencies for February 1996
                                                                      shall be as indicated in the Annex hereto .
 Whereas Article 1 (2) of Regulation (EEC) No 1713/93
 provides that the amount of the reimbursement of storage                                      Article 2
 costs referred to in Article 8 of Regulation (EEC)
 No 1785/81 is to be converted into national currency                 This Regulation shall enter into force on 6 March 1996.
 using a specific agricultural conversion rate equal to the
 average, calculated pro rata temporis, of the agricultural           It shall apply with effect from 1 February 1996.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States .
                   Done at Brussels, 5 March 1996 .
                                                                               For the Commission
                                                                                  Franz FISCHLER
                                                                           Member of the Commission
(')  OJ   No L 177, 1 . 7. 1981 , p. 4.
0    OJ   No L 110, 17. 5. 1995, p. 1 .
0    OJ   No L 387, 31 . 12. 1992, p. 1 .
(*)  OJ   No L 22, 31 . 1 . 1995, p. 1 .
Is) OJ No L 159, 1 . 7. 1993, p. 94.
 6 OJ No L 307, 1 . 12. 1994, p. 56.
 ---pagebreak--- No L 55/4   [JN                Official Journal of the European Communities                        6 . 3 . 96
                                                       ANNEX
          to the Commission Regulation of 5 March 1996 fixing, for February 1996, the specific
          agricultural conversion rate for the amount of the reimbursement of storage costs in the
                                                   sugar sector
                                             Agricultural conversion rates
                         ECU 1 =       39,5239          Belgian and Luxembourg francs
                                        7,49997         Danish kroner
                                        1,90616         German marks
                                      311,761           Greek drachmas
                                      165,198           Spanish pesetas
                                        6,61023         French francs
                                        0,829498        Irish punt
                                    2 096,38            Italian lire
                                        2,14021         Dutch guilders
                                       13,4084         Austrian schillings
                                      198,202          Portuguese escudos
                                        5,88000        Finnish marks
                                        8,93762        Swedish kroner
                                        0,856563       Pound sterling