CELEX: 31991R0353
Language: en
Date: 1991-02-18 00:00:00
Title: Commission Regulation (EEC) No 353/91 of 14 February 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 44 / 46                                Official Journal of the European Communities                                 18 . 2 . 91
                                           COMMISSION REGULATION (EEC) No 353/91
                                                           of 14 February 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 1676/ 85 on the value of the unit of
COMMUNITIES ,                                                           account and the conversion rates to be applied for the
Having regard to the Treaty establishing the European                  purposes of the common agricultural policy (9), as last
Economic Community,                                                     amended by Regulation (EEC) No 3237/90 (I0), the
                                                                        rates used to fix or, where appropriate, adjust the
Having regard to Council Regulation (EEC) No                            monetary compensatory amounts, from this time forth
 1677/ 85 of 11 June 1985 on monetary compensatory                      defined as representative market rates, are to be used for
amounts in agriculture (*), as last amended by Regulation               the conversion into ecus of the amounts relating to world
(EEC) No 2205 /90 (2), and in particular Article 9 (2)                  market data and expressed in the national currency of a
thereof,                                                                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 (3), 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 352/91 (6), 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 (8);
                                                                                                  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 February
laying down detailed rules for the application of Regu­                 1991 .
                  This Regulation shall be binding in . its entirety and directly applicable in all Member
                   States .
                   Done at Brussels, 14 February 1991 .
                                                                                         For the Commission
                                                                                          Ray MAC SHARRY
                                                                                      Member ofthe Commission
0)  OJ  No L  164 , 24 . 6 . 1985 , p. 6 .
(2) OJ  No L 201 , 31 .  7 . 1990, p. 9 .
C)  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 .
(6) 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 .                                 (,0) 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--- 18 . 2.91                            Official Journal of the European Communities                               No L 44 /47
                                                              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 .
          I                        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               14,2371               312,821                285,374            250,780
                 Esc              11,7992 •             259,254                236,507            207,837
                 Pta               8,36209    -          183,733               167,613            147,294