CELEX: 31989R0972
Language: en
Date: 1989-04-15 00:00:00
Title: Commission Regulation (EEC) No 972/89 of 14 April 1989 altering the specific agricultural conversion rates applicable in the rice sector

15. 4. 89                                 Official Journal of the European Communities                           No L 103/ 11
                                        COMMISSION REGULATION (EEC) No 972/89
                                                          of 14 April 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 Greek
                                                                     drachma, recorded in accordance with Regulation (EEC)
Having regard to Council Regulation (EEC) No 1676/85                 No 3153/85 during the period 5 to 11 April 1989 requires
of 11 June 1985 on the value of the unit of account and              the specific agricultural conversion rates applicable for
the conversion rates to be applied for the purposes of the           Greece to be altered pursuant to Article 9 (2) of Regula­
common agricultural policy ('), as last amended by Regu­             tion (EEC) No 1677/85,
lation (EEC) No 1636/87 (2), and in particular Article 2 (4)
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                            The Annex to Regulation (EEC) No 3294/86 is replaced
3294/86 (*), as last amended by Regulation (EEC) No                  by the Annex hereto.
561 /89 (6), specific agricultural conversion rates to be
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 f), as
last amended by Regulation (EEC) No 3521 /88 (8);                    This Regulation shall enter into force on 17 April 1989.
                    This Regulation shall be binding in its entirety and directly applicable in all Member
                    States.
                    Done at Brussels, 14 April 1989 .
                                                                              For the Commission
                                                                               Ray MAC SHARRY
                                                                          Member of the Commission
(') OJ  No   L 164, 24. 6. 1985, p. 1 .
0   OJ  No  L  153, 13. 6. 1987, p. 1 .
O   OJ  No  L  164, 24 , 6 . 1985, p. 6 .
(4) OJ  No  L  182, 3 . 7. 1987, p. 1 .
0   OJ  No  L  304, 30. 10. 1986, p. 25.
(6) OJ  No  L  61 , 4. 3. 1989, p. 22.
0   OJ  No  L  310, 21 . 11 . 1985, p. 4.
(8) OJ  No  L  307, 12. 11 . 1988, p. 28 .
 ---pagebreak--- No L 103/ 12 Official Journal of the European Communities    15. 4. 89
                                   ANNEX
              Specific agricultural conversion rate for rice
                       (Regulation (EEC) No 3294/86)
                      ECU 1   - Bfs        48,2869
                              - DM          2,34113
                              = Dkr         8,93007
                              = Dr        197,365
                              = Pta       144,806
                              = FF          7,85183
                              = £Irl        0,873900
                              — Lit     1 693,30
                              — F1          2,63785
                              —£            0,725026