CELEX: 31973R0560
Language: en
Date: 1973-02-26 00:00:00
Title: Regulation (EEC) No 560/73 of the Council of 26 February 1973 amending Regulation (EEC) No 222/73 on the exchange rates to be applied in agriculture for the currencies of the new Member States

28 . 2. 73                               Official Journal of the European Communities                            No L 55/5
                                             i'l
                                      REGULATION (EEC) No 560/73 OF THE COUNCIL
                                                         of 26 February 1973
                  amending Regulation (EEC) No 222/73 on the exchange rates to be applied in
                                      agriculture for the currencies of the new Member States
  THE COUNCIL OF THE EUROPEAN                                         whereas the abovementioned relationship between
  COMMUNITIES,                                                        the currencies of the Member States concerned and
                                                                      the US dollar is therefore no longer accurate ;
  Having regard to Council Regulation No 129 (*)
  on the value of the unit of account and the
 exchange rates to be applied for the purposes of the                 Whereas, in view of the present situation and of the
 common agricultural policy, as amended by Regula­                    fact that it is not essential to specify the relation­
 tion ( EEC ) No 653/68 (2), and in particular Article 3              ship between those Member State currencies and the
  ( 1 ) thereof ;                                                     US dollar, mention of chat relationship should be
                                                                      deleted ;
 Having regard to the proposal from the Commis­
 sion ;
                                                                      HAS ADOPTED THIS REGULATION :
 Having regard to the Opinion of the Monetary
 Committee ;
                                                                                              Article 1
 Whereas Regulation ( EEC) No 222/73 (3) fixed the
 exchange rates to be applied in agriculture for the                  With effect from 13 February 1973 , the expression
 currencies of the new Member States ; whereas, for                   '= 2-3499 US dollars ' in Artiale 1 (2) of Regulation
 the pound sterling and the Irish pound a representa­                 (EEC) No 222/73 shall be deleted.
 tive rate was fixed in terms of the relationship be­
 tween these two currencies and the US dollar on the                                          Article 2
 one hand and the unit of account on the other ;
                                                                      This Regulation shall enter into force on the day of
 Whereas on 12 February 1973 the American govern­                     its publication in the Official Journal of the Euro­
 ment announced a devaluation of the dollar ;                         pean Communities.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States .
                  Done at Brussels, 26 February 1973 .
                                                                                 For the Council
                                                                                   The President
                                                                                    E. GLINNE
(*) OJ No 106, 30. 10. 1962, p . 2553 /62 .
( 2) OJ No L 123 , 31 . 5 . 1968 , p. 4 .
(3) OJ No L 27, 1 . 2 . 1973 , p. 4 .