CELEX: 31992R1291
Language: en
Date: 1992-05-25 00:00:00
Title: Commission Regulation (EEC) No 1291/92 of 21 May 1992 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 and the agricultural conversion rates for the pigmeat sector in Greece

25 . 5 . 92                                Official Journal of the European Communities                            No L 143 /47
                                        COMMISSION REGULATION (EEC) No 1291 /92
                                                           of 21 May 1992
                  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 and the agricultural conversion rates for the pigmeat sector in
                                                                Greece
THE COMMISSION OF THE EUROPEAN                                        Member State ; whereas, pursuant to Article 6a of Regu­
COMMUNITIES ,                                                         lation (EEC) No 1677/ 85 and without prejudice to
                                                                      Article 7 (2) of Commission Regulation (EEC) No
Having regard to the Treaty establishing the European                 3578/88 of 17 November 1988 laying down detailed
Economic Community,                                                   rules for the application of the system for the automatic
Having regard to Council              Regulation (EEC) No             dismantlement of negative monetary compensatory
1677/ 85 of 11 June 1985 on            monetary compensatory          amounts (*), as last amended by Regulation (EEC) No
amounts in agriculture ('), as         last amended by Regu­          3137/91 (10), those rates are to be the agricultural
lation (EEC) No 2205/90               (2), and in particular          conversion rates applying to pigmeat ; whereas, pursuant
Articles 9 and 6a thereof,                                            to Article 2 (4) of Council Regulation (EEC) No
                                                                       1676/85 ("), as last amended by Regulation (EEC) No
Whereas the monetary compensatory amounts                             2205 /90, those rates are also to be used for the
introduced by Regulation (EEC) No 1677/85 were fixed                  conversion of certain other agricultural amounts ;
by Commission Regulation (EEC) No 1641 /91 (J), as                    whereas the rates in question should be fixed to make it
last amended by Regulation (EEC) No 1290/92 (4), on                   easier to use them,
the basis of the central rates and, for certain Member
States, on the basis of the exchange rates referred to in             HAS ADOPTED THIS REGULATION :
Article 3 of Commission Regulation (EEC) No 3153/ 85                                            Article 1
of 11 November 1985 laying down detailed rules for the
calculation of monetary compensatory amounts (5), as                  The representative market rates referred to in Article 3a
last amended by Regulation (EEC) No 3672/89 (');                      of Regulation (EEC) No 3152/85, to be applied for
Whereas, in accordance with Article 3a of Commission
                                                                      certain amounts in the context of the common agri­
                                                                      cultural policy and used to fix or, where appropriate, to
Regulation (EEC) No 3152/85 of 11 November 1985                       adjust the monetary compensatory amounts, are set out
laying down detailed rules for the application of Regu­               in the Annex hereto.
lation (EEC) No 1676/85 on the value of the unit of
account and the conversion rates to be applied for the                                          Article 2
purposes of the common agricultural policy (7), as last
amended by Regulation (EEC) No 3237/90 (*), the                       The agricultural conversion rates for the pigmeat sector
rates used to fix or, where appropriate, adjust the                   in Greece is fixed at ECU 1 = Dr 269,738 .
monetary compensatory amounts, from this time forth
defined as representative market rates, are to be used for                                      Article 3
the conversion into ecus of the amounts relating to world
market data and expressed in the national currency of a               This Regulation shall enter into force on 25 May 1992.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                  States .
                  Done at Brussels, 21 May 1992.
                                                                                        For the Commission
                                                                                        Ray MAC SHARRY
                                                                                    Member ofthe Commission
 ') OJ No L 164, 24. 6. 1985, p. 6.
 ') OJ No L 201 , 31 . 7. 1990, p. 9.
 >) OJ No L 153, 17. 6. 1991 , p. 1 .
'*) See page 1 of this Official Journal.
 s) OJ No L 310, 21 . 11 . 1985 , p. 4.
 *) OJ No L 358 , 8 . 12. 1989, p. 28 .                                O OJ No L 312, 18 . 11 . 1988, p. 16.
 ') OJ No L 310, 21 . 11 . 1985, p. 1 .                               (10) OJ No L 297, 29. 10. 1991 , p. 17.
 •) OJ No L 310, 9 . 11 . 1990, p. 18 .                               (") OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 143 /48                        Official Journal of the European Communities                              25 . 5 . 92
                                                            ANNEX
             Conversion rates used for the calculation of monetary compensatory amounts and to be applied for
                                          certain amounts in the agricultural sector
                                  100 Lit                  1 £                 1 £ Irl         1 ECU
               Bfrs/Lfrs          2,75661               60,2887              55,2545          48,5563
                 Dkr              0,509801              11,1497              10,2186           8,97989
                 DM               0,133650               2,92301              2,67893          2,35418
                  FF              0,448246               9,80341               8,98480         7,89563
                   F1             0,150590               3,29349               3,01847         2,65256
                 £ Irl            0,0498894              1,09111                 —
                                                                                               0,878776
                   £              0,0457235                —
                                                                              0,916497         0,805396
                  Lit               —
                                                     2 187,06             2 004,44         1 761,45
                  Dr             15,8238               346,076              317,178          278,728
                  Esc            11,1003               242,771              222,499          195,527
                  Pta             8,37861              183,245              167,944          147,585