CELEX: 31990R2151
Language: en
Date: 1990-07-30 00:00:00
Title: Commission Regulation (EEC) No 2151/90 of 26 July 1990 fixing the conversion rates used for the calculation of monetary compensatory amounts and to be applied for certain amounts in the agricultural sector

No L 200 /42                                 Official Journal of the European Communities                                30 . 7 . 90
                                           COMMISSION REGULATION (EEC) No 2151 /90
                                                             of 26 July 1990
                   fixing the conversion rates used for the calculation of monetary compensatory amounts
                                     and to be applied for certain amounts in the agricultural sector
THE COMMISSION OF THE EUROPEAN                                          Whereas, in accordance with Article 3a of Commission
COMMUNITIES,                                                            Regulation (EEC) No 3152/85 of 11 November 1985
                                                                        laying down detailed rules for the application of Regu­
Having regard to the Treaty establishing the European                   lation (EEC) No 1676/ 85 on the value of the unit of
Economic Community,                                                     account and the conversion rates to be applied for the
                                                                        purposes of the common agricultural policy ('), as last
Having regard to Council Regulation (EEC) No                            amended by Regulation (EEC) No 2300/89 (10), the
1677/ 85 of 11 June 1985 on monetary compensatory                       rates used to fix or, where appropriate, adjust the
amounts in agriculture (l), as last amended by Regulation               monetary compensatory amounts are to be used for the
(EEC) No 1889/ 87 (2), and in particular Article 9 (2)                  conversion into ecus of the amounts relating to world
thereof,
                                                                        market data and expressed in the national currency of a
Having regard to Commission Regulation (EEC) No                         Member State ; whereas, pursuant to Article 2 (4) of
3578 / 88 of 17 November 1988 laying down detailed                      Council Regulation (EEC) No 1676/ 85 ("), as last
rules for the application of the system for the automatic               amended by Regulation (EEC) No 1636 / 87 ("), those
                                                                        rates are also to be used for the conversion of certain
dismantlement of negative monetary compensatory
amounts (J), as last amended by Regulation (EEC) No                     other agricultural amounts ; whereas the rates in question
1848 /90 (4),                                                           should be fixed to make it easier to use them,
                                                                        HAS ADOPTED THIS REGULATION :
Whereas the monetary compensatory amounts
introduced by Regulation (EEC) No 1677/ 85 are fixed                                                 Article 1
by Commission Regulation (EEC) No 1207/90 (s), as
last amended by Regulation (EEC) No 2150/90 ('), on                     The conversion rates used to fix or, where appropriate,
the basis of the central rates and, for certain Member                  to adjust the monetary compensatory amounts, as
States, on the basis of the exchange rates referred to in               referred to in Article 3a of Regulation (EEC) No
Article 3 of Commission Regulation (EEC) No 3153 / 85                   3152/ 85, shall be as set out in the Annex hereto.
of 11 November 1985 laying down detailed rules for the                                               Article 2
calculation of monetary compensatory amounts (7), as
last amended by Regulation (EEC) No 3672/ 89 (8);                       This Regulation shall enter into force on 30 July 1990 .
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States .
                   Done at Brussels, 26 July 1990.
                                                                                           For the Commission
                                                                                           Ray MAC SHARRY
                                                                                      Member ofthe Commission
 ') OJ  No L  164 ,  24. 6 . 1985 , p. 6 .
 >) OJ  No L  182,   3. 7. 1987, p. 1 .
 J) OJ  No L  312 ,  18 . 11 . 1988 , p. 16.
 4) OJ  Nò L  168 ,  30 . 6 . 1990 , p. 34.
 5) OJ  No L  122,   14. 5 . 1990 , p. 1 .                               O   OJ No L 310,  21 . 11 . 1985 , p . 1 .
 ') See page 1 of this Official Journal.                                H    OJ No L 220,  29.  7 . 1989, p. 8 .
 0 OJ No L 310, 21 . 11 . 1985, p. 4 .                                  (")  OJ No L 164,  24.  6 . 1985 , p. 1 .
 •) OJ No L 358 , 8 . 12. 1989, p. 28 .                                 (")  OJ No L 153 , 13 . 6 . 1987, p. 1 .
 ---pagebreak--- 30. 7. 90                        Official Journal of the European Communities                              No L 200/43
                                                        ANNEX
          Conversion rates used for the calculation of monetary compensatory amounts and to be applied for
                                       certain amounts in the agricultural sector
                               100 Lit                 1 £                  1 £ Irl         1 ECU
            Bfrs/Lfrs          2,75662              61,2298               55,2545          48,2868
              Dkr              0,509804             11,3237               10,2187           8,93008
              DM               0,133651              2,96866               2,67895          2,34113
               FF              0,448248              9,95647                8,98483         7,85183
                F1             0,150591              3,34491               3,01849          2,63785
              £ Irl            0,0498895             1,10814                  —
                                                                                            0,873900
                £              0,0450210               —
                                                                           0,902410         0,788616
               Lit               —
                                                 2 221,20              2 004,43         1 751,67
               Dr             13,1259              291,551               263,099          229,922
               Esc            11,7765              261,579               236,051          206,285
               Pta             8,21576             182,488               164,679          143,913