CELEX: 31989R1716
Language: en
Date: 1989-06-17 00:00:00
Title: Commission Regulation (EEC) No 1716/89 of 16 June 1989 altering the specific agricultural conversion rates applicable in the rice sector

17. 6. 89                                 Official Journal of the European Communities                           No L 168/ 11
                                       COMMISSION REGULATION (EEC) No 1716/89
                                                         of 16 June 1989
                      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
                                                                    detailed rules for the calculation of monetary compensa­
Having regard to the Treaty establishing the European               tory amounts ; whereas the spot market rate for the
Economic Community,                                                 Spanish peseta and the Greek drachma, recorded in accor­
Having regard to Council Regulation (EEC) No 1676/85                dance with Regulation (EEC) No 3153/85 during the
of 11 June 1985 on the value of the unit of account and              period 7 to 13 June 1989 requires the specific agricultural
the conversion rates to be applied for the purposes of the           conversion rates applicable for Spain and Greece to be
common agricultural policy ('), as last amended by Regu­             altered pursuant to Article 9 (2) of Regulation (EEC) No
lation (EEC) No 1636/87 (2), and in particular Article 2 (4)         1677/85,
thereof,
Having regard to Council Regulation (EEC) No 1677/85                 HAS ADOPTED THIS REGULATION :
of 11 June 1985 on monetary compensatory amounts in
agriculture (3), as last amended by Regulation (EEC) No
1889/87 (4), and in particular Article 9 (2) thereof,                                        Article 1
Whereas by Commission Regulation (EEC) No
3294/86 (*), as last amended by Regulation (EEC) No                 The Annex to Regulation (EEC) No 3294/86 is replaced
1 621 /89 (6), specific agricultural conversion rates to be          by the Annex hereto.
applied in the rice sector were established ; whereas those
conversion rates must be altered pursuant to Articles 2                                      Article 2
and 3 of Commission Regulation (EEC) No 3153/85 Q, as
last amended by Regulation (EEC) No 3521 /88 (8);                    This Regulation shall enter into force on 19 June 1989.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                    States.
                    Done at Brussels, 16 June 1989.
                                                                              For the Commission
                                                                               Ray MAC SHARRY
                                                                           Member of the Commission
O   OJ  No   L 164,  24. 6. 1985, p. 1 .
(2) OJ  No   L  153, 13. 6, 1987, p. 1 .
(3) OJ  No   L 164,  24. 6. 1985, p. 6.
(4) OJ  No   L  182, 3. 7. 1987, p. 1 .
0 OJ No      L 304, 30. 10. 1986, p. 25.
(«) OJ No    L 159, 10, 6. 1989, p. 17.
0 OJ No      L 310, 21 . 11 . 1985, p. 4.
(8) OJ No L 307, 12. 11 . 1988 , p. 28 .
 ---pagebreak--- No L 168/ 12 Official Journal of the European Communities    17. 6. 89
                                   ANNEX
              Specific agricultural conversion rate for rice
                       (Regulation (EEC) No 3294/86)
                      ECU 1 = Bfs          48,2869
                              = DM          2,34113
                              = Dkr         8,93007
                              = Dr        199,394
                              = Pta       150,049
                              = FF          7,85183
                              = £Irl        0,873900
                              = Lit     1 693,30
                              = F1          2,63785
                              =£            0,745954