CELEX: 31989R0029
Language: en
Date: 1989-01-07 00:00:00
Title: Commission Regulation (EEC) No 29/89 of 6 January 1989 altering the specific agricultural conversion rates applicable in the rice sector

7. 1 . 89                                  Official Journal of the European Communities                               No L 5/9
                                         COMMISSION REGULATION (EEC) No 29/89
                                                         of 6 January 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
Having regard to the Treaty establishing the European                detailed rules for the calculation of monetary compensa­
Economic Community,                                                  tory amounts ; whereas the spot market rate for the peseta,
                                                                     the pound sterling and the Italian lira 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 28 December 1988 to 3 January 1989 require the
the conversion rates to be applied for the purposes of the           specific agricultural conversion rate applicable for Spain,
common agricultural policy ('), as last amended by Regu­             the United Kingdom and Italy to be altered pursuant to
lation (EEC) No 1636/87 (2), and in particular Article 2 (4)         Article 9 (2) of Regulation (EEC) No 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
 1 889/87 (4), and in particular Article 9 (2) thereof,                                       Article 1
Whereas by Commission Regulation (EEC) No
3294/86 Q, as last amended by Regulation (EEC) No                    The Annex to Regulation (EEC) No 3294/86 is replaced
4053/88 (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 3770/87 (8) ;                    This Regulation shall enter intp force on 9 January 1989.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States.
                    Done at Brussels, 6 January 1989.
                                                                              For the Commission
                                                                               Ray MAC SHARRY
                                                                          Member of the Commission
(') OJ  No   L  164, 24. 6. 1985, p. 1 .
(2) OJ  No   L  153, 13. 6. 1987, p. 1 .
O   OJ  No   L  164, 24. 6. 1985, p. 6.
(«  OJ  No   L  182, 3. 7. 1987, p. 1 .
0   OJ  No   L 304,  30. 10. 1986, p. 25.
(6) OJ  No   L 356,  24. 12. 1988, p. 15.
0   OJ  No   L 310,  21 . 11 . 1985, p. 4.
(•) OJ  No   L 355,  17. 12. 1987, p. 16.
 ---pagebreak--- No L 5/ 10 Official Journal of the European Communities    7. 1 . 89
                                 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     148,507
                              = FF        7,85183
                              = £Irl      0,873900
                              = Lit   1 767,64
                              = F1        2,63785
                              =£          0,743928