CELEX: 31988R0657
Language: en
Date: 1988-03-12 00:00:00
Title: Commission Regulation (EEC) No 657/88 of 11 March 1988 altering the specific agricultural conversion rates applicable in the rice sector

12. 3. 88                                  Official Journal of the European Communities                              No L 67/9
                                       COMMISSION REGULATION (EEC) No 657/88
                                                         of 11 March 1988
                     altering die specific agricultural conversion rates applicable in the rice sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                          Whereas Regulation (EEC) No 3153/85 lays down
                                                                     detailed rules for the calculation of monetary compensa­
Having regard to the Treaty establishing the European                tory amounts ; whereas the spot market rate for the pound
Economic Community,
                                                                     sterling recorded in accordance with Regulation (EEC) No
Having regard to Council Regulation (EEC) No 1676/85                 3153/85 during the period 2 to 8 March 1988, requires
of 11 June 1985 on the value of the unit of account and              the specific agricultural conversion rate applicable for the
the conversion rates to be applied for the purposes of the           United Kingdom to be altered pursuant to Article .9 (2) of
common agricultural policy ('), as last amended by Regu­             Regulation (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 V
Whereas by Commission Regulation (EEC) No                            The Annex to Regulation (EEC) No 3294/86 is replaced
3294/86 (s), as last amended by Regulation (EEC) No                  by the Annex hereto.
607/88 (% 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 Q as
last amended by Regulation (EEC) No 3770/87 (8) ;                    This Regulation shall enter into force on 14 March 1988.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States.
                   Done at Brussels, 11 March 1988 .
                                                                               For the Commission
                                                                                Frans ANDRIESSEN
                                                                                   Vice-President
(') OJ No L 164, 24. 6. 1985, p. 1 .
(2) OJ No L 153, 13. 6. 1987, p. 1 .
(j OJ No L 164, 24. 6. 1985, p. 6.
(j OJ No L 182, 3. 7. 1987, p. 1 .
0   OJ No   L  304, 30.  10. 1986, p. 25 .
(«) OJ  No  L  60, 5. 3.  1988, p. 9.
f)  OJ No   L  310, 21 . 11 . 1985, p. 4.
(*) OJ No   L  355, 17.  12. 1987, p. 16.
 ---pagebreak--- No L 67/ 10 Official Journal of the European Communities      12. 3 . 88
                                  ANNEX
             Specific agricultural conversion rate for rice
                      (Regulation (EEC) No 3294/86)
                       1 ECU - Bfs        48,2869
                               = DM        2,34113
                               = Dkr       8,93007
                               - Dr      186,735
                               - Pta     156,526
                               = FF        7,85183
                               = £Irl      0,873900
                               — Lit   I 704,94
                               - F1        2,63785
                               =£          0,772286
                                                            r