CELEX: 31990R3830
Language: en
Date: 1990-12-31
Title: Commission Regulation (EEC) No 3830/90 of 28 December 1990 fixing the market conversion 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

31 . 12 . 90                             Official Journal of the European Communities                          No L 369/ 51
                                      COMMISSION REGULATION (EEC) No 3830/90
                                                      of 28 December 1990
                 firing the market conversion 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
THE COMMISSION OF THE EUROPEAN                                      purposes of the common agricultural policy (7), as last
COMMUNITIES,                                                        amended by Regulation (EEC) No 3237/90 ('), the rates
                                                                    used to fix or, where appropriate, adjust the monetary
                                                                    compensatory amounts, from this time forth defined as
Having regard to the Treaty establishing the European               market conversion rates, are to be used for the
Economic Community,                                                 conversion into ecus of the amounts relating to world
                                                                    market data and expressed in the national currency of a
                                                                    Member State; whereas, pursuant to Article 2 (4) of
Having regard to Council Regulation (EEC) No                        Council Regulation (EEC) No 1676/85 ('), as last
 1677/85 of 11 June 1985 on monetary compensatory                   amended by Regulation (EEC) No 2205/90, those rates
 amounts in agriculture ('), as last amended by Regulation          are also to be used for the conversion of certain other
 (EEC) No 2205/90 (2), and in particular Article 12                 agricultural amounts ; whereas the rates in question
thereof,                                                            should be fixed to make it easier to use them ;
                                                                    Whereas the measures provided for in this Regulation
Whereas the monetary compensatory amounts                           are in accordance with the opinion of the relevant
introduced by Regulation (EEC) No 1677/85 are fixed                 Management Committees,
by Commission Regulation (EEC) No 1207/90 (J), as
 last amended by Regulation (EEC) No 3829/90 (4), on                HAS ADOPTED THIS REGULATION :
the basis of the central rates and, for certain Member
 States, on the basis of the exchange rates referred to in                                   Article 1
Article 3 of Commission Regulation (EEC) No 3153/85
of 11 November 1985 laying down detailed rules for the             The market conversion rates referred to in Article 3a of
calculation of monetary compensatory amounts (s), as                Regulation (EEC) No 3152/85, to be applied for certain
last amended by Regulation (EEC) No 3672/89 (');                    amounts in the context of the common agricultural
                                                                    policy and used to fix or, where appropriate, to adjust
                                                                    the monetary compensatory amounts, shall be set out in
Whereas, in accordance with Article 3a of Commission                the Annex hereto.
Regulation (EEC) No 3152/ 85 of 11 November 1985
laying down detailed rules for the application of Regu­                                      Article 2
lation (EEC) No 1676/85 on the value of the unit of
account and the conversion rates to be applied for the             This Regulation shall enter into force on 1 January 1991 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States.
                 Done at Brussels, 28 December 1990.
                                                                                     For the Commission
                                                                                     Ray MAC SHARRY
                                                                                  Member ofthe Commission
(') OJ No L 164, 24. 6. 1985, p. 6.
O   OJ No L 201 , 31 . 7. 1990, p. 9.
C)  OJ No L 122, 14. 5. 1990, p. 1 .
(4) Sec page 1 of this Official Journal.                           O OJ No L 310, 21 . 11 . 1985, p. 1 .
(') OJ No L 310, 21 . 11 . 1985, p. 4.                             (•) OJ No L 310, 9. 11 . 1990, p. 18.
(*) OJ No L 358, 8 . 12. 1989, p. 28 .                             O OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 369/52                         Official Journal of the European Communities                                31 . 12 . 90
                                                             ANNEX
            Market conversion rates to be applied for certain amounts in the context of the common agricultural
                    policy and, in particular, for the calculation of die monetary compensatory amounts
                                  100 Ut                    1 £                1 £ Irl             1 ECU
             Bfrs/Lfrs            2,75661               59,7595               55,2545             48,5563
                Dkr               0,509801              11,0518               10,2186              8,97989
                DM                0,133650                2,89735              2,67893             2,35418
                 FF               0,448246                9,71736              8,98480             7,89563
                 Fl               0,150590                3,26458              3,01847             2,65256
                £ Irl             0,0498894               1,08153                                  0,878776
                 £                0,0461284                                    0,924613            0,812528
                 Ut                                  2 167,86              2 004,44            1 761,45
                 Dr              13,8325               299,870               277,264             243,653
                Esc              11,7991               255,789               236,506             207,836
                Pta               8,47154              183,652               169,807             149,222