CELEX: 31996R0581
Language: en
Date: 1996-04-01 00:00:00
Title: COMMISSION REGULATION (EC) No 581/96 of 1 April 1996 fixing, for March 1996, the specific agricultural conversion rate for the amount of the reimbursement of storage costs in the sugar sector

2. 4. 96              EN \              Official Journal of the European Communities                             No L 83/ 11
                                        COMMISSION REGULATION (EC) No 581/96
                                                         of 1 April 1996
                  fixing, for March 1996, the specific agricultural conversion rate for the amount
                                of the reimbursement of storage costs in the sugar sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                        conversion rates applicable during the month of storage;
                                                                   whereas that specific rate must be fixed each month for
 Having regard to the Treaty establishing the European             the previous month;
 Community,
 Having regard to Council Regulation (EEC) No 1785/81              Whereas application of these provisions will lead to the
 of 30 June 1981 on the common organization of the                 fixing, for March 1996, of the specific agricultural conver­
 markets in the sugar sector ('), as last amended by Regula­       sion rate for the amount of the reimbursement of storage
                                                                   costs in the various national currencies as indicated in the
 tion (EC) No 1 101 /95 (2),
                                                                   Annex to this Regulation,
 Having regard to Council Regulation (EEC) No 3813/92
 of 28 December 1992 on the unit of account and the
 conversion rates to be applied for the purposes of the            HAS ADOPTED THIS REGULATION:
 common agricultural policy (3), as last amended by Regu­
 lation (EC) No 150/95 (4),                                                                  Article 1
 Having regard to Commission Regulation (EEC)
 No 1713/93 of 30 July 1993 establishing special detailed          The specific agricultural conversion rate to be used to
 rules for applying the agricultural conversion rate in the        convert the amount of the reimbursement of storage costs
 sugar sector (*), as last amended by Regulation (EC)              referred to in Article 8 of Regulation (EEC) No 1785/81
 No 2926/94 C^, and in particular Article 1 (3) thereof,           into each of the national currencies for March 1996 shall
                                                                   be as indicated in the Annex hereto .
Whereas Article 1 (2) of Regulation (EEC) No 1713/93
 provides that the amount of the reimbursement of storage                                    Article 2
 costs referred to in Article 8 of Regulation (EEC)
 No 1785/81 is to be converted into national currency              This Regulation shall enter into force on 2 April 1996.
using a specific agricultural conversion rate equal to the
 average, calculated pro rata temporis, of the agricultural        It shall apply with effect from 1 March 1996.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                  Done at Brussels, 1 April 1996.
                                                                             For the Commission
                                                                               Franz FISCHLER
                                                                        Member of the Commission
(>) OJ  No  L 177, 1 . 7. 1981 , p. 4.
(2) OJ  No  L 110, 17. 5. 1995, p. 1 .
 3  OJ  No  L 387, 31 . 12. 1992, p. 1 .
(4) OJ  No  L 22, 31 . 1 . 1995, p. 1 .
Is) OJ No L 159, 1 . 7. 1993, p. 94.
(«) OJ No L 307, 1 . 12. 1994, p. 56.
 ---pagebreak--- No L 83/ 12   I EN I             Official Journal of the European Communities                        2. 4. 96
                                                         ANNEX
            to the Commission Regulation of 1 April 1996 fixing, for March 1996, the specific
            agricultural conversion rate for the amount of the reimbursement of storage costs in the
                                                      sugar sector
                                                Agricultural conversion rates
                           ECU 1 -       39,5239           Belgian and Luxembourg francs
                                          7,49997          Danish kroner
                                           1,9061 6        German marks
                                        311,761            Greek drachmas
                                        165,198            Spanish pesetas
                                          6,61023          French francs
                                          0,829498         Irish punt
                                      2 096,38             Italian lire
                                          2,14021          Dutch guilders
                                         13,4084          Austrian schillings
                                        198,202            Portuguese escudos
                                          5,88000          Finnish marks
                                          8,93762         Swedish kroner
                                          0,856563         Pound sterling