CELEX: 31991R2411
Language: en
Date: 1991-08-12 00:00:00
Title: Commission Regulation (EEC) No 2411/91 of 8 August 1991 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

No L 224 /44                              Official Journal of the European Communities                              12 . 8 . 91
                                       COMMISSION REGULATION (EEC) No 2411 /91
                                                         of 8 August 1991
                 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
THE COMMISSION OF THE EUROPEAN                                      used to fix or, where appropriate, adjust the monetary
COMMUNITIES,                                                        compensatory amounts, from this time forth defined as
Having regard to the Treaty establishing the European
                                                                    representative market rates, are to be used for the
                                                                    conversion into ecus of the amounts relating to world
Economic Community,
                                                                    market data and expressed in the national currency of a
Having regard to Council Regulation (EEC) No                        Member State ; whereas, pursuant to Article 2 (4) of
1677/85 of 11 June 1985 on monetary compensatory                    Council Regulation (EEC) No 1676/85 (*), as last
amounts in agriculture ('), as last amended by Regulation           amended by Regulation (EEC) No 2205/90, those rates
(EEC) No 2205/90 (2), and in particular Article 9 (2)               are also to be used for the conversion of certain other
thereof,                                                            agricultural amounts ; whereas the rates in question
                                                                    should be fixed to make it easier to use them,
Whereas the monetary compensatory amounts
introduced by Regulation (EEC) No 1677/85 were fixed
by Commission Regulation (EEC) No 1641 /91 (3), as                  HAS ADOPTED THIS REGULATION :
last amended by Regulation (EEC) No 2410/91 (4), on
the basis of the central rates and, for certain Member
States, on the basis of the exchange rates referred to in                                    Article 1
Article 3 of Commission Regulation (EEC) No 3153/85                 The representative market rates referred to in Article 3a
of 1 1 November 1985 laying down detailed rules for the             of Regulation (EEC) No 3152/85, to be applied for
calculation of monetary compensatory amounts ('), as                certain amounts in the context of the common agri­
last amended by Regulation (EEC) No 3672/89 (*);                    cultural policy and used to fix or, where appropriate, to
Whereas, in accordance with Article 3a of Commission                adjust the monetary compensatory amounts, are set out
Regulation (EEC) No 3152/85 of 11 November 1985                     in the Annex hereto.
laying down detailed rules for the application of Regu­
lation (EEC) No 1676/ 85 on the value of the unit of                                         Article 2
account and the conversion rates to be applied for the
purposes of the common agricultural policy (7), as last             This Regulation shall enter into force on 12 August
amended by Regulation (EEC) No 3237/90 (s), the rates                1991 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                 Done at Brussels, 8 August 1991 .
                                                                                      For the Commission
                                                                                      Ray MAC SHARRY
                                                                                  Member ofthe Commission
o OJ No L 164, 24. 6. 1985, p. 6.
O OJ No L 201 , 31 . 7. 1990, p. 9.
(J) OJ No L 153, 17. 6. 1991 , p. 1 .
(*) See page 1 of this Official Journal.
(5) OJ  No L  310, 21 . 11 . 1985, p. 4.
(*) OJ  No L  358, 8 . 12 . 1989, p. 28 .
O   OJ  No L  310, 21 . 11 . 1985, p. 1 .
(») OJ  No L  310, 9. 11 . 1990, p. 18.                              O OJ No L 164, 24. 6. 1985 , p. 1 .
 ---pagebreak--- 12. 8 . 91                         Official Journal of the European Communities                                No L 224/45
                                                            ANNEX
           Representative market rates to be applied for certain amounts in the context of the common agricul­
                tural policy and, in particular, for the calculation of the monetary compensatory amounts
                                 100 Lit                   1 £                 1 £ Irl             1 ECU
             Bfrs/Lfrs           2,75661                60,5140               55,2545            48,5563
               Dkr               0,509801               11,1913               10,2186              8,97989
               DM                0,133650                2,93393               2,67893             2,35418
                FF               0,448246                9,84004               8,98480             7,89563
                 F1              0,150590                3,30579               3,01847             2,65256
               £ Irl             0,0498894               1,09519                 —     •
                                                                                                   0,878776
                 £               0,0455533                 —
                                                                               0,913086            0,802398
                Lit                —
                                                    2 195,23               2 004,44           1 761,45
                Dr              14,6910               322,502                294,472            258,775
                Esc             11,5315               253,144                231,142     ?      203,122
                Pta              8,37991               183,959               167,970            147,608