CELEX: 31988R4053
Language: en
Date: 1988-12-24 00:00:00
Title: Commission Regulation (EEC) No 4053/88 of 23 December 1988 altering the specific agricultural conversion rates applicable in the rice sector

24. 12. 88                                 Official Journal of the European Communities                          No L 356/ 15
                                       COMMISSION REGULATION (EEC) No 4053/88
                                                       of 23 December 1988
                     altering the specific agricultural conversion rates applicable in the rice sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                          Whereas Regulation (EEC) No 3153/85 lays down
Having regard to the Treaty establishing the European
                                                                     detailed rules for the calculation of monetary compensa­
                                                                     tory amounts ; whereas the spot market rate for the peseta
Economic Community,
                                                                     recorded in accordance with Regulation (EEC) No
Having regard to Council Regulation (EEC) No 1676/85                 3153/85 during the period 14 to 20 December 1988
of 11 June 1985 on the value of the unit of account and              requires the specific agricultural conversion rate appli­
the conversion rates to be applied for the purposes of the           cable for Spain to be altered pursuant to Article 9 (2) of
common agricultural policy ('), as last amended by Regu­             Regulation (EEC) No 1677/85,
lation (EEC) No 1636/87 (2), and in particular Article 2 (4)
thereof,
                                                                     HAS ADOPTED THIS REGULATION :
Having regard to Council Regulation (EEC) No 1677/85
of 11 June 1985 on monetary compensatory amounts in
agriculture (3), as last amended by Regulation (EEC) No                                       Article 1
1889/87 (4), and in particular Article 9 (2) thereof,
Whereas by Commission Regulation (EEC) No                            The Annex to Regulation (EEC) No 3294/86 is replaced
3294/86(0, as last amended by Regulation (EEC) No                    by the Annex hereto.
3843/88 (*), • specific agricultural conversion rates to be
applied in the rice sector were established ; whereas those                                   Article 2
conversion rates must be altered pursuant to Articles 2
and 3 of Commission Regulation (EEC) No 3153/85 Q, as                This Regulation shall enter into force on 26 December
last amended by Regulation (EEC) No 3770/87 (8) ;                    1988 .
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States.
                   Done at Brussels, 23 December 1988.
                                                                              For the Commission
                                                                               Frans ANDRIESSEN
                                                                                  Vice-President
                                  i
(') OJ  No L    164, 24. 6. 1985, p. 1 .
0   OJ  No L    153, 13. 6. 1987, p. 1 .
(3) OJ  No L    164, 24. 6. 1985, p; 6.
O   OJ  No L    182, 3. 7. 1987, p. 1 .
0   OJ  No L    304, 30. 10. 1986, p. 25.
(«) OJ  No L    340, 10. 12. 1988, p. 12.
O   OJ  No  L   310, 21 . 11 . 1985, p. 4.
(8) OJ  No  L   355, 17. 12. 1987, p. 16.
 ---pagebreak--- No L 356/ 16 Official Journal of the European Communities    24. 12. 88
                                   ANNEX
              Specific agricultural conversion rate for rice
                       (Regulation (EEC) No 3294/86)
                       1 ECU = Bfs         48,2869
                                = DM        2,34113
                                = Dkr       8,93007
                                = Dr      192,844
                                = Pta     150,512
                                = FF        7,85183
                                = £Irl      0,873900
                                = Lit   1 725,91
                                « F1        2,63785
                                =£          0,723075