CELEX: 31992R1508
Language: en
Date: 1992-06-15 00:00:00
Title: Commission Regulation (EEC) No 1508/92 of 11 June 1992 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 and the agricultural conversion rates for the pigmeat sector in Greece

15 . 6 . 92                                  Official Journal of the European Communities                            No L 161 /47
                                            COMMISSION REGULATION (EEC) No 1508/92
                                                              of 11 June 1992
                    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 and the agricultural conversion rates for the pigmeat sector in
                                                                   Greece
THE COMMISSION OF THE EUROPEAN                                           Member State; whereas, pursuant to Article 6a of Regu­
COMMUNITIES,                                                             lation (EEC) No 1677/85 and without prejudice to
Having regard to the Treaty establishing the European                    Article 7 (2) of Commission Regulation (EEC) No
Economic Community,                                                      3578/88 of 17 November 1988 laying down detailed
                                                                         rules for the application of the system for the automatic
Having regard to Council                 Regulation (EEC) No             dismantlement of negative monetary compensatory
1677/85 of 11 June 1985 on                monetary compensatory          amounts ('), as last amended by Regulation (EEC) No
amounts in agriculture ('), as           last amended by Regu­           3137/91 (10), those rates are to be the agricultural
lation (EEC) No 2205/90                 (2), and in particular           conversion rates applying to pigmeat; whereas, pursuant
Articles 9 and 6a thereof,                                               to Article 2 (4) of Council Regulation (EEC) No
                                                                         1676/85 ("), as last amended by Regulation (EEC) No
Whereas the monetary compensatory amounts                                2205 /90, those rates are also to be used for the
introduced by Regulation (EEC) No 1677/85 were fixed                     conversion of certain other agricultural amounts;
by Commission Regulation (EEC) No 1641 /91 (J), as                       whereas the rates in question should be fixed to make it
last amended by Regulation (EEC) No 1507/92 (4), on                      easier to use them,
the basis of the central rates and, for certain Member
States, on the basis of the exchange rates referred to in                HAS ADOPTED THIS REGULATION :
Article 3 of Commission Regulation (EEC) No 3153/85
of 11 November 1985 laying down detailed rules for the                                            Article 1
calculation of monetary compensatory amounts (5), as
last amended by Regulation (EEC) No 3672/89 (6);                         The representative market rates referred to in Article 3a
                                                                         of Regulation (EEC) No 3152/85, to be applied for
Whereas, in accordance with Article 3a of Commission                     certain amounts in the context of the common agri­
Regulation (EEC) No 3152/ 85 of 11 November 1985                         cultural policy and used to fix or, where appropriate, to
laying down detailed rules for the application of Regu­                  adjust the monetary compensatory amounts, are set out
lation (EEC) No 1676/ 85 on the value of the unit of                     in the Annex hereto.
account and the conversion rates to be applied for the
purposes of the common agricultural policy (7), as last                                           Article 2
amended by Regulation (EEC) No 3237/90 ('), the                          The agricultural conversion rates for the pigmeat sector
rates used to fix or, where appropriate, adjust the                      in Greece is fixed at ECU 1 = Dr 269,738 .
monetary compensatory amounts, from this time forth
defined as representative market rates, are to be used for                                        Article 3
the conversion into ecus of the amounts relating to world
market data and expressed in the national currency of a                  This Regulation shall enter into force on 15 June 1992 .
                    This Regulation shall be binding in its entirety and directly applicable in all Member
                    States.
                    Done at Brussels, 11 June 1992.
                                                                                           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.
O OJ No L 153, 17 . 6. 1991 , p. 1 .
(*) See page 1 of this Official Journal.
(s)  OJ   No L 310,  21 . 11 . 1985, p. 4 .
O    OJ   No L 358,  8 . 12. 1989, p. 28 .                                O OJ No L 312, 18. 11 . 1988, p. 16.
O    OJ   No L 310,  21 . 11 . 1985, p. 1 .                              H OJ No L 297, 29. 10. 1991 , p. 17.
(•)  OJ   No L 310,  9. 11 . 1990, p. 18 .                               (") OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 161 /48                         Official Journal of the European Communities                              15 . 6. 92
                                                            ANNEX
              Conversion rates used for the calculation of monetary compensatory amounts and to be applied for
                                           certain amounts in the agricultural sector
             I                     100 Lit                 1 £                  1 £ Irl         1 ECU
                Bfrs/Lfrs          2,75661              60,2887               55,2545          48,5563
                  Dkr              0,509801             11,1497               10,2186           8,97989
                  DM               0,133650              2,92301               2,67893          2,35418
                   FF              0,448246              9,80341                8,98480         7,89563
                    F1             0,150590              3,29349                3,01847         2,65256
                  £ Irl            0,0498894             1,09111                  —
                                                                                                0,878776
                    £              0,0457235               —
                                                                               0,916497         0,805396
                   Lit               —
                                                     2 187,06              2 004,44         1 761,45
                   Dr             16,0731              351,529               322,175          283,120
                   Esc            11,1057              242,889               222,607          195,622
                   Pta             8,34500             182,510               167,270          146,993