CELEX: 31991R2565
Language: en
Date: 1991-08-31
Title: Commission Regulation (EEC) No 2565/91 of 28 August 1991 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

No L 244/ 46                               Official Journal of the European Communities                              31 . 8 . 91
                                         COMMISSION REGULATION (EEC) No 2565/91
                                                          of 28 August 1991
                  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                                       used to fix or, where appropriate, adjust the monetary
COMMUNITIES,                                                         compensatory amounts, from this time forth defined as
                                                                     representative market rates, are to be used for the
Having regard to the Treaty establishing the European                conversion into ecus of the amounts relating to world
Economic Community,                                                  market data and expressed in the national currency of a
                                                                     Member State; whereas, pursuant to Article 2 (4) of
Having regard to Council Regulation (EEC) No                         Council Regulation (EEC) No 1676/ 85 ('), as last
1677/ 85 of 11 June 1985 on monetary, compensatory                   amended by Regulation (EEC) No 2205/90, those rates
                                                                     are also to be used for the conversion of certain other
amounts in agriculture ('), as last amended by Regulation
(EEC) No 2205/90 (2), and in particular Article 9 (1 )               agricultural amounts; whereas the rates in question
thereof,                                                             should be fixed to make it easier to use them ;
                                                                     Whereas the measures provided for in this Regulation
Whereas the monetary compensatory amounts                            are in accordance with the opinion of the relevant
introduced by Regulation (EEC) No 1677/85 were fixed                 management committees,
by Commission Regulation (EEC) No 1641 /91 ('), as
last amended by Regulation (EEC) No 2564/91 (4), on
                                                                     HAS ADOPTED THIS REGULATION :
the basis of the central rates and, for certain Member
States, on the basis of the exchange rates referred to in
Article 3 of Commission Regulation (EEC) No 3153/85                                           Article 1
of 11 November 1985 laying down detailed rules for the               The representative market rates referred to in Article 3a
calculation of monetary compensatory amounts (*), as                 of Regulation (EEC) No 3152/85, to be applied for
last amended by Regulation (EEC) No 3672/89 (');                     certain amounts in the context of the common agri­
                                                                     cultural policy and used to fix or, where appropriate, to
Whereas, in accordance with Article 3a of Commission                 adjust the monetary compensatory amounts, are set out
Regulation (EEC) No 3152/85 of 11 November 1985                      in the Annex hereto.
laying down detailed rules for the application of Regu­
lation (EEC) No 1676/85 on the value of the unit of                                           Article 2
account and the conversion rates to be applied for the
purposes of the common agricultural policy (7), as last              This Regulation shall enter into force on 1 September
amended by Regulation (EEC) No 3237/90 (*), the rates                1991 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                  Done at Brussels, 28 August 1991 .
                                                                                       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.
 7) OJ  No L  310,  21 . 11 . 1985, p. 1 .
O   OJ  No L 310,   9. 11 . 1990, p. 18 .                            O OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- 31 . 8 . 91                            Official Journal of the European Communities                                No L 244/47
                                                                ANNEX
              Representative^ market rates to be applied for certain amounts in the context of the common agricul­
                    tural policy and, in particular, for the calculation of die monetary compensatory amounts
            I                        100 Lit                   1 £                 1 £ Irl             1 ECU
                Bfrs/Lfrs            2,75661                60,5140               55,2545            48,5563
                  Dkr                0,509801               11,1913               10,2186              8,97989
                  DM                 0,133650                2,93393               2,67893             2,35418
                   FF                0,448246                9,84004               8,98480             7,89563
                    H                0,150590                3,30579               3,01847             2,65256
                  £ Irl              0,0498894               1,09519                 —
                                                                                                       0,878776
                     £               0,0455533                 —
                                                                                   0,913086            0,802398
                   Lit                 —
                                                        2 195,23               2 004,44           1761,45
                   Dr               14,7377               323,526                295,407            259,597
                   Esc              11,5315               253,144                231,142            203,122
                   Pta               8,32167               182,680               166,802            146,582