CELEX: 31987R0003
Language: en
Date: 1987-01-03 00:00:00
Title: Commission Regulation (EEC) No 3/87 of 2 January 1987 altering the specific agricultural conversion rates applicable in the rice sector

3 . 1 . 87                              Official Journal of the European Communities                              No L 1 /5
                                          COMMISSION REGULATION (EEC) No 3/87
                                                         of 2 January 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 detailed rules
   Having regard to the Treaty establishing the European             for the calculation of monetary compensatory amounts ;
   Economic Community,                                               whereas the spot market rates for the Greek drachma,
                                                                     recorded in accordance with Regulation (EEC) No
   Having regard to Council Regulation (EEC) No 1676/85              3153/85 during the period 24 to 30 December 1986,
  of 11 June 1985 on the value of the unit of account and            require the specific agricultural conversion rates 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 ('), and in particular Article 2        Regulation (EEC) No 1677/85,
  (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 (2), as last amended by Regulation (EEC) No
  2502/86 (3), and in particular Article 9 (2) thereof,                                       Article 1
  Whereas by Commission Regulation (EEC) No                          The Annex to Regulation (EEC) No 3294/86 is replaced
  3294/86 (4), as amended by Regulation (EEC) No                     by the Annex hereto.
  3970/86 (*), specific agricultural conversion rates to be
  applied in the rice sector were established ; whereas those                                 Article 2
  conversion rates must be altered pursuant to Articles 2­
 and 3 of Commission Regulation (EEC) No 3153/85 (*) ;               This Regulation shall enter into force on 5 January 1987.
                     This Regulation shall be binding in its entirety and directly applicable in all Member
                     States .
                     Done at Brussels, 2 January 1987.
                                                                              For the Commission
                                                                               Frans ANDRIESSEN
                                                                                  Vice-President
(■)   OJ   No L 164,  24. 6. 1985, p. 1 .
(2)   OJ   No L 164,  24. 6. 1985, p. 6.
 3    OJ   No L 219,  6. 8 . 1986, p. 8 .
0     OJ   No L 304, 30. 10. 1986, p. 25.
(*)   OJ   No L 365, 24. 12. 1986, p. 84.
fa OJ No L 310, 21 . 11 . 1985, p. 4.
 ---pagebreak--- No L 1 / 6 Official Journal of the European Communities    3 . 1 . 87
                                 ANNEX
            Specific agricultural conversion rate for rice
                     (Regulation (EEC) No 3294/86)
                     1 ECU = Bfs         47,3307
                              = Dkr       8,58155
                              = DM        2,31728
                              = FF        7,54539
                              = £ Irl     0,839794
                              = F1        2,61094
                              =£          0,795655
                              = Lit   1 588,19
                              = Dr      163,459
                              = Pta     155,127