CELEX: 31997R1711
Language: en
Date: 1997-09-02 00:00:00
Title: COMMISSION REGULATION (EC) No 1711/97 of 2 September 1997 fixing, for August 1997, the specific agricultural conversion rate for the amount of the reimbursement of storage costs in the sugar sector

3 . 9 . 97              I EN I              Official Journal of the European Communities                                L 241 / 1
                                                                        I
                                                      (Acts whose publication is obligatory)
                                               COMMISSION REGULATION (EC) No 1711 /97
                                                             of 2 September 1997
                           fixing, for August 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,
                                                                            Whereas application of these provisions will lead to the
   Having regard to Council Regulation (EEC) No 1785/81
   of 30 June 1981 on the common organization of the
                                                                            fixing, for August 1997, of the specific agricultural
                                                                            conversion rate for the amount of the reimbursement of
   markets in the sugar sector ('), as last amended by Regula­              storage costs in the various national currencies as indi­
   tion (EC) No 1 599/96 (2),                                              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
                                                                           HAS ADOPTED THIS REGULATION :
   conversion rates to be applied for the purposes of the
   common agricultural policy ('), as last amended by Regu­
   lation (EC) No 1 50/95 (4),                                                                      Article 1
   Having regard to Commission Regulation (EEC)                            The specific agricultural conversion rate to be used to
   No 1713/93 of 30 July 1993 establishing special detailed                convert the amount of the reimbursement of storage costs
  rules for applying the agricultural conversion rate in the               referred to in Article 8 of Regulation (EEC) No 1785/81
  sugar sector (5), as last amended by Regulation (EC)                     into each of the national currencies for August 1997 shall
  No 59/97 (*), and in particular Article 1 (3) thereof,                   be as indicated in the Annex hereto .
  Whereas Article 1 (2) of Regulation (EEC) No 1713/93
                                                                                                    Article 2
  provides that the amount of the reimbursement of storage
  costs referred to in Article 8 of Regulation (EEC)                       This Regulation shall enter into force on 3 September
  No 1785/81 is to be converted into national currency                     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 August 1997.
                         This Regulation shall be binding in its entirety and directly applicable in all Member
                         States .
                         Done at Brussels, 2 September 1997.
                                                                                    For the Commission
                                                                                       Franz FISCHLER
                                                                                 Member of the Commission
(")    OJ    L 177, 1 . 7. 1981 , p. 4.
(2)    OJ    L 206, 16. 8 . 1996, p. 43.
0      OJ   L  387, 31 . 12. 1992, p. 1 .
(4)    OJ   L  22, 31 . 1 . 1995, p. 1 .
( 5)   OJ   L  159, 1 . 7. 1993, p. 94.
 6    OJ    L  14, 17. 1 . 1997, p. 25 .
 ---pagebreak--- L 241 /2   I EN I             Official Journal of the European Communities                        3 . 9 . 97
                                                      ANNEX
         to the Commission Regulation of 2 September 1 997 fixing, for August 1997, the specific
         agricultural conversion rate for the amount of the reimbursement of storage costs in the
                                                   sugar sector
                                            Agricultural conversion rates
                        ECU 1 =       40,9321          Belgian and Luxembourg francs
                                       7,54917         Danish kroner
                                       1,98243         German marks
                                     312,011           Greek drachmas
                                     167,139           Spanish pesetas
                                       6,68769         French francs
                                       0,759189        Irish punt
                                   1 973,93            Italian lire
                                       2,23273        Dutch guilders
                                      13,9485         Austrian schillings
                                     200,292          Portuguese escudos
                                       6,02811        Finnish marks
                                       8,88562        Swedish kroner
                                       0,711925       Pound sterling