CELEX: 31992R2045
Language: en
Date: 1992-07-27 00:00:00
Title: Commission Regulation (EEC) No 2045/92 of 23 July 1992 fixing the representative market rates to be applied for certain amounts in the context of the common agricultural policy and, in particular, for the calculation of the monetary compensatory amounts

27. 7. 92                                    Official Journal of the European Communities                            No L 21 1 /39
                                          COMMISSION REGULATION (EEC) No 2045/92
                                                             of 23 July 1992
                   fixing the representative market rates to be applied for certain amounts in the context of
                   the common agricultural policy and, in particular, for the calculation of the monetary
                                                          compensatory amounts
THE COMMISSION OF THE EUROPEAN                                          defined as representative market rates, are to be used for
COMMUNITIES,                                                            the conversion into ecus of the amounts relating to world
                                                                        market data and expressed in the national currency of a
Having regard to the Treaty establishing the European                   Member State; whereas, pursuant to Article 6a of Regu­
Economic Community,                                                     lation (EEC) No 1677/85 and without prejudice to
                                                                        Article 7 (2) of Commission Regulation (EEC) No
Having regard to Council                Regulation (EEC) No             3578/88 of 17 November 1988 laying down detailed
1677/85 of 11 June' 1985 on              monetary compensatory          rules for the application of the system for the automatic
amounts in agriculture (*), as          last amended by Regu­           dismantlement of negative monetary compensatory
lation (EEC) No 2205/90                (*), and in particular           amounts ('), as last amended by Regulation (EEC) No
Articles 9 and 6a thereof,                                              3137/91 (,0), those rates are to be the agricultural
                                                                        conversion rates applying to pigmeat; whereas, pursuant
Whereas the monetary compensatory amounts                               to Article 2 (4) of Council Regulation (EEC) No
introduced by Regulation (EEC) No 1677/85 were fixed                     1676/85 ("), as last amended by Regulation (EEC) No
by Commission Regulation (EEC) No 1641 /91 (3), as                      2205 /90, those rates are also to be used for the
last amended by Regulation (EEC) No 2044/92 (4), on                     conversion of certain other agricultural amounts ;
the basis of the central rates and, for certain Member                  whereas the rates in question should be fixed to make it
States, on the basis of the exchange rates referred to in               easier to use them,
Article 3 of Commission Regulation (EEC) No 3153/ 85
of 11 November 1985 laying down detailed rules for the                  HAS ADOPTED THIS REGULATION :
calculation of monetary compensatory amounts ('), as
last amended by Regulation (EEC) No 3672/89 (*);                                                  Article 1
                                                                        The representative market rates referred to in Article 3a
Whereas, in accordance with Article 3a of Commission                    of Regulation (EEC) No 3152/85, to be applied for
Regulation (EEC) No 3152/85 of 11 November 1985                         certain amounts in the context of the common agri­
laying down detailed rules for the application of Regu­                 cultural policy and used to fix or, where appropriate, to
lation (EEC) No 1676/85 on the value of the unit of                     adjust the monetary compensatory amounts, are set out
account and the conversion rates to be applied for the                  in the Annex hereto.
purposes of the common agricultural policy (7), as last
amended by Regulation (EEC) No 3237/90 ('), the                                                   Article 2
rates used to fix or, where appropriate, adjust the
monetary compensatory amounts, from this time forth                     This Regulation shall enter into force on 27 July 1992.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States.
                   Done at Brussels, 23 July 1992 .
                                                                                          For the Commission
                                                                                          Ray MAC SHARRY
                                                                                       Member ofthe Commission
 ') OJ No L 164, 24. 6. 1985, p. 6.
 *) OJ No L 201 , 31 . 7. 1990, p. 9.
 >) OJ No L 153 , 17. 6. 1991 , p. 1 .
 4) See page 1 of this Official Journal.
 ') OJ  No L  310,  21 . 11 . 1985, p. 4.
 *) OJ  No L 358 ,  8 . 12. 1989, p. 28.                                 O OJ No L 312, 18 . 11 . 1988 , p. 16.
 0  OJ  No L 310,   21 . 11 . 1985, p. 1 .                              (10) OJ No L 297, 29. 10. 1991 , p. 17.
 ») OJ  No L  310,  9. 11 . 1990, p. 18.                                (") OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 21 1 /40                        Official Journal of the European Communities                              27. 7. 92
                                                             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          2,75661               59,4497              55,2545          48,5563
                  Dkr              0,509801              10,9945              10,2186           8,97989
                  DM               0,133650               2,88233               2,67893         2,35418
                   FF              0,448246               9,66698               8,98480         7,89563
                    F1             0,150590               3,24765               3,01847         2,65256
                  £ Irl            0,0498894              1,07593                 —
                                                                                                0,878776
                    £              0,0463688                —
                                                                                0,929433        0,816763
                   Lit               —
                                                      2 156,62             2 004,44         1 761,45
                   Dr             16,1971               349,311              324,661          285,304
                   Esc            11,2446               242,504              225,391          198,068
                   Pta             8,48716              183,036              170,120          149,497