CELEX: 31987R4020
Language: en
Date: 1987-12-31 00:00:00
Title: Commission Regulation (EEC) No 4020/87 of 30 December 1987 altering the specific agricultural conversion rates applicable in the rice sector

No L 378/38                                Official Journal of the European Communities                              31 . 12. 87
                                      COMMISSION REGULATION (EEC) No 4020/87
                                                       of 30 December 1987
                     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
                                                                      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 Greek
Economic Community,                                                   drachma recorded in accordance with Regulation (EEC)
Having regard to Council Regulation (EEC) No 1676/85                  No 3153/85 during the period 23 to 29 December 1987,
of 11 June 1985 on the value of the unit of account and               requires the specific agricultural conversion rate appli­
the conversion rates to be applied for the purposes of the            cable for Greece 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                                        Article 1
1889/87 (4), and in particular Article 9 (2) thereof,
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.
3490/87 (*), 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 1955/87 (8) ;                     This Regulation shall enter into force on 4 January 1988.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States.
                   Done at Brussels, 30 December 1987.
                                                                                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 .
 (3) OJ No  L   164, 24. 6. 1985, p. 6.
 («) OJ No  L   182, 3. 7. 1987, p. 1 .
 0   OJ No  L   304, 30. 10. 1986, p. 25.
 («) OJ No  L   330, 21 . 11 . 1987, p. 18 .
 0   OJ No  L   310, 21 . 11 . 1985, p. 4.
 (8) OJ No  L   186, 6. 7. 1987, p, 1 .
 ---pagebreak--- 31 . 12. 87 Official Journal of the European Communities    No L 378/39
                                  ANNEX
             Specific agricultural conversion rate for rice
                       (Regulation (EEC) No 3294/86)
                       1 ECU = Bfs         48,2869
                                = DM        2,34113
                                = Dkr       8,93007
                                = Dr      184,681
                                = Pta     156,526
                                = FF        7,85183
                                = £Irl      0,873900
                                = Lit   1 704,94
                                = F1        2,63785
                                =£          0,787378