CELEX: 31997R0222
Language: en
Date: 1997-02-05 00:00:00
Title: COMMISSION REGULATION (EC) No 222/97 of 5 February 1997 fixing, for January 1997, the specific agricultural conversion rate for the amount of the reimbursement of storage costs in the sugar sector

6. 2. 97            I EN   I             Official Journal of the European Communities                           No L 36/23
                                        COMMISSION REGULATION (EC) No 222/97
                                                        of 5 February 1997
                  fixing, for January 1997, 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;
                                                                    whereas that specific rate must be fixed each month for
Having regard to the Treaty establishing the European                the previous month;
Community,
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 January 1997, 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 1599/96 (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 59/97 (6), and in particular Article 1 (3) thereof,              into each of the national currencies for January 1997
                                                                    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 February 1997.
using a specific agricultural conversion rate equal to the
average, calculated pro rata temporis, of the agricultural          It shall apply with effect from 1 January 1997.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 5 February 1997.
                                                                             For the Commission
                                                                                Franz FISCHLER
                                                                         Member of the Commission
') OJ  No  L 177, 1 . 7. 1981 , p. 4.
2) OJ  No  L 206, 16. 8. 1996, p. 43.
3) OJ  No  L 387, 31 . 12. 1992, p. 1 .
<) OJ  No  L 22, 31 . 1 . 1995, p. 1 .
5) OJ  No L  159, 1 . 7. 1993, p. 94.
*) OJ  No  L 14, 17. 1 . 1997, p. 25.
 ---pagebreak--- No L 36/24   I EN 1             Official Journal of the European Communities                        6. 2. 97
                                                         ANNEX
           to the Commission Regulation of 5 February 1997 fixing, for January 97, the specific
           agricultural conversion rate for the amount of the reimbursement of storage costs in the
                                                      sugar sector
                                               Agricultural conversion rates
                          ECU 1 =       40,1551           Belgian and Luxembourg francs
                                         7,49997          Danish kroner
                                         1 ,94849         German marks
                                       311,761            Greek drachmas
                                       165,198            Spanish pesetas
                                         6,61023          French francs
                                         0,789378         Irish punt
                                     1 973,93             Italian lire
                                         2,18752         Dutch guilders
                                        13,7095          Austrian schillings
                                       198,202           Portuguese escudos
                                         6,02811         Finnish marks
                                         8,64446         Swedish kroner
                                         0,795105        Pound sterling