CELEX: 31991R1532
Language: en
Date: 1991-06-10 00:00:00
Title: Commission Regulation (EEC) No 1532/91 of 6 June 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 145 / 38                              Official Journal of the European Communities                                10 . 6. 91
                                        COMMISSION REGULATION (EEC) No 1532/91
                                                           of 6 June 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 (10), 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 (J), 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,
Whereas the monetary compensatory amounts                             HAS ADOPTED THIS REGULATION :
introduced by Regulation (EEC) No 1677/85 were fixed                                            Article 1
by Commission Regulation (EEC) No 1207/90 (5), as
last amended by Regulation (EEC) No 1531 /91 (4), 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, are set out
calculation of monetary compensatory amounts (7)> as                  in the Annex hereto.
last amended by Regulation (EEC) No 3672/89 (');
                                                                                                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 10 June 1991 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                  Done at Brussels, 6 June 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.
 5) OJ  No L  312, 18 . 11 . 1988 , p. 16.
 <) OJ  No L 35, 7. 2. 1991 , p. 10.
 *) OJ  No L  122, 14. 5. 1990, p. 1 .
 4) Sec page 1 of this Official Journal.                               O OJ No L 310, 21 . 11 .' 1985, p. 1 .
 ') OJ No L 310, 21 . 11 . 1985, p. 4.                                H OJ No L 310, 9. 11 . 1990, p. 18 .
    OT No L 358 . 8 . 12 . 1989. D . 28 .                             (") OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- 10. 6. 91                         Official Journal of the European Communities                                No L 145 /39
                                                           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                60,9372               55,2545            48,5563
              Dkr               0,509801               11,2696               10,2186              8,97989
              DM                0,133650                2,95445               2,67893             2,35418
               FF               0,448246                9,90886               8,98480             7,89563
                F1              0,150590                3,32891               3,01847             2,65256
              £ Irl             0,0498894               1,10285                 —
                                                                                                  0,878776
                £               0,0452369                 —
                                                                              0,906744            0,796825
               Lit                —
                                                   2 210,59               2 004,44           1 761,45
               Dr              14,6411                323,653               293,471            257,895
               Esc             11,6489               257,509                233,495            205,190
               Pta              8,27477               182,921               165,863            145,756