CELEX: 31988R4024
Language: en
Date: 1988-12-23 00:00:00
Title: Commission Regulation (EEC) No 4024/88 of 22 December 1988 adjusting the agricultural conversion rates for the pigmeat sector in the United Kingdom

No L 355/ 14                          Official Journal of the European Communities                                     23. 12. 88
                                  COMMISSION REGULATION (EEC) No 4024/88
                                                     of 22 December 1988
               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 the movement of the market rate for the pound sterling during the reference period 14
           to 20 December 1988 should, given the adjustment of the agricultural conversion rate
           determined by Council Regulation (EEC) No 1 678/85 (4), as last amended by Regulation (EEC)
           No 4023/88 (*), 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
           26 December 1988 ; 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,
           HAS ADOPTED THIS REGULATION :
                                                            Article 1
           In Annex XI to amended 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                                0,706696    25 December 1988         0,707470     26 December 1988'
                                                             Article 2
           This Regulation shall enter into force on 26 December 1988 .
           (') OJ No  L  312,  18. 11 . 1988 , p. 16.
           (2) OJ No  L  164, 24. 6. 1985, p. 6.
           o   OJ No  L  182, 3. 7. 1987, p. 1 .
           0   OJ No  L  164, 24. 6. 1985, p. 11 .
           ¥) See page 12 of this Official Journal.
           (é) OJ No L 310, 21 . 11 . 1985, p. 4.
           f) OJ No L 307, 12. 11 . 1988, p. 28.
 ---pagebreak--- 23 . 12. 88                    Official Journal of the European Communities                        No L 355/ 15
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States.
                           I
            Done at Brussels, 22 December 1988 .
                                                                   For the Commission
                                                                    Frans ANDRIESSEN
                                                                       Vice-President
 /