CELEX: 31989R1595
Language: en
Date: 1989-06-09 00:00:00
Title: Commission Regulation (EEC) No 1595/89 of 8 June 1989 adjusting the agricultural conversion rates for the pigmeat sector in the United Kingdom

No L 157/8                             Official Journal of the European Communities                                  9 . 6. 89
                                  COMMISSION REGULATION (EEC) No 1595/89
                                                         of 8 June 1989
                adjusting the agricultural conversion rates for the pigmeat sector in the United
                                                             Kingdom
           THE COMMISSION OF THE EUROPEAN COMMUNITIES,
           Having regard to the Treaty establishing the European Economic Community,
           Having regard to Commission Regulation (EEC) No 3578/88 of 17 November 1988 laying down
           detailed rules for the application of the system for the automatic dismantlement of negative
           monetary compensatory amounts ('), and in particular Article 7 (1 ) thereof,
           Whereas Article 6a of Council Regulation (EEC) No 1677/85 of 11 June 1985 on monetary
           compensatory amounts in agriculture (2), as last amended by Regulation (EEC) No 1889/87 (3),
           lays down that the agricultural conversion rates of a Member State should be adjusted so as to
           avoid the creation of new monetary compensatory amounts ; whereas, however, such adaptation
           may not entail the creation of a difference of more than eight points between the monetary gaps
           for pigmeat and cereals ;
           Whereas the movement of the market rate for the pound sterling during the reference period 31
           May to 6 June 1989 should, given the adjustment of the agricultural conversion rate determined
           by Council Regulation (EEC) No 1678/85 (4), as last amended by Regulation (EEC) No
           1528/89 (*), entail, in accordance with Article 2 of Commission Regulation (EEC) No 3153/85 (*),
           as last amended by Regulation (EEC) No 3521 /88 Q, an increase in the monetary compensatory
           amounts applicable in the pigmeat sector in the United Kingdom effective from 12 June 1989 ;
           whereas in order to prevent this it is necessary to adjust the agricultural conversion rate so as to
           avoid the creation of these new monetary compensatory amounts ; whereas in the absence of any
           increase in the relevant compensatory amounts, a difference of more than eight points would
           develop between the monetary gaps for pigmeat and cereals ; whereas the agricultural conversion
           rate must therefore be adapted so as to limit the creation of these new compensatory amounts,
           allowing a difference of eight points between the monetary gaps,
           HAS ADOPTED THIS REGULATION :
                                                             Article 1
           In Annex XI to Regulation (EEC) No 1678/85, the line relating to pigmeat is hereby replaced by
           the following :
                                                                       Agricultural conversion rates
                         Products
                                                   ECU 1 -                              ECU 1 -
                                                      £ ...       Applicable until         £ ...     Applicable from
           'Pigmeat                                 0,723693      11 June 1989          0,731431     12 June 1989'
                                                             Article 2
           This Regulation shall enter into force on 12 June 1989.
            (') OJ No  L 312,  18. 11 . 1988, p. 16.
            0   OJ No  L 164,  24. 6. 1985, p. 6.
            0   OJ No  L 182,  3. 7. 1987, > 1 .
            0   OJ No  L 164,  24. 6. 1985, p. 11 .
            0   OJ No  L 150,  2. 6. 1989, p. 8.
            («) OJ No  L 310,  21 . 11 . 1985, p. 4.
            0   OJ No  L 307,  12. 11 . 1988, p. 28.
 ---pagebreak--- 9. 6 . 89                    Official Journal of the European Communities                        No L 157/9
          This Regulation shall be binding in its entirety and directly applicable in all Member
          States.
          Done at Brussels, 8 June 1989.
                                                                 For the Commission
                                                                  Ray MAC SHARRY
                                                             Member of the Commission