CELEX: 31991R0109
Language: en
Date: 1991-01-21
Title: Commission Regulation (EEC) No 109/91 of 17 January 1991 fixing the market conversion 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

21 . 1 . 91                                  Official Journal of the European Communities                            No L 15 /47
                                           COMMISSION REGULATION (EEC) No 109/91
                                                           of 17 January 1991
                  fixing the market conversion 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 (10), 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 market conversion 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 (J), as last amended by Regulation (EEC) No                     should be fixed to make it easier to use them,
3219/90 (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 108/91 (*), on                     The market conversion rates referred to in Article 3a of
the basis of the central rates and, for certain Member                  Regulation (EEC) No 3152/85, to be applied for certain
States, on the basis of the exchange rates referred to in               amounts in the context of the common agricultural
Article 3 of Commission Regulation (EEC) No 3153 /85                   policy and used to fix or, where appropriate, to adjust
of 11 November 1985 laying down detailed rules for the                 the monetary compensatory amounts, shall be set out in
calculation of monetary compensatory amounts (7), as                   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 21 January
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, 17 January 1991 .
                                                                                         For the Commission
                                                                                          Ray MAC SHARRY
                                                                                      Member ofthe Commission
 1) OJ   No L 164,  24. 6. 1985, p. 6.
 2) OJ   No L 201 , 31 . 7. 1990, p. 9.
 J) OJ   No L 312,  18. 11 . 1988 , p. 16.
 4) OJ   No L 308 , 8 . 11 . 1990, p. 21 .
 ') OJ   No L 122,  14. 5. 1990, p. 1 .
 ') See 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.                                (I0) 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--- No L 15 /48                          Official Journal of the European Communities                               21 . 1 . 91
                                                              ANNEX
            Market conversion 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
                                   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               14,0215               308,082               281,051           ; 246,981
                Esc               11,9361               262,263               239,252              210,249
                Pta                8,47154              186,138               169,807              149,222