CELEX: 31987R1954
Language: en
Date: 1987-07-04 00:00:00
Title: Commission Regulation (EEC) No 1954/87 of 3 July 1987 altering the specific agricultural conversion rates applicable in the rice sector

No L 185/70                                Official Journal of the European Communities                                4. 7. 87
                                      COMMISSION REGULATION (EEC) No 1954/87
                                                           of 3 July 1987
                     altering the specific agricultural conversion rates applicable in the rice sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                           Whereas Regulation (EEC) No 3153/85, as amended by
                                                                      Regulation (EEC) No 1635/87 (8), lays detailed rules for
Having regard to the Treaty establishing the European                 the calculation of monetary compensatory amounts ;
Economic Community,                                                   whereas the spot market rates for the Greek drachma, the
                                                                      Spanish peseta, the Italian lire and the pound sterling
Having regard to Council Regulation (EEC) No 1676/85                  recorded in accordance with Regulation (EEC) No
of 11 June 1985 on the value of the unit of account and               3153/85 during the period 24 to 30 June , 1987, require
the conversion rates to be applied for the purposes of the            the specific agricultural conversion rates applicable for
common agricultural policy ('), as amended by Regulation              Greece, Spain, Italy and the United Kingdom to be
(EEC) No 1636/87 (2), and in particular Article 2 (4)                 altered pursuant to Article 9 (2) of Regulation (EEC) No
thereof,                                                               1677/85,
Having regard to Council Regulation (EEC) No 1677/85
of 11 June 1985 on monetary compensatory amounts in                   HAS ADOPTED THIS REGULATION :
agriculture (3), as last amended by Regulation (EEC) No
 1889/87 (4), and in particular Article 9 (2) thereof,                                          Article 1
Whereas by Commission Regulation (EEC) No                             The Annex to amended Regulation (EEC) No 3294/86 is
3294/86 (*), as last amended by Regulation (EEC) No                    replaced by the Annex hereto.
 1714/87 (<■), 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 Q ;                   This Regulation shall enter into force on 6 July 1987.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States .
                   Done at Brussels, 3 July 1987.
                                                                                For the Commission
                                                                                 Frans ANDRIESSEN
                                                                                    Vice-President
 (>) OJ No L 164, 24. 6. 1985, p. 1 .
 (2) OJ No L 153, 13 . 6. 1987, p. 1 .
 I3) OJ No L 164, 24. 6. 1985, p. 6.
 (4) OJ No    L 182, 3. 7. 1987, p. 1 .
 (*) OJ No    L 304, 30 . 10 . 1986, p. 25.
 («) OJ No    L 160, 20. 6. 1987, p. 21 .
 O   OJ No    L 310, 21 . 11 . 1985, p. 4.                              (8) OJ No L 154, 15. 6. 1987, p. 1 .
 ---pagebreak--- 4. 7. 87 Official Journal of the European Communities    No L 185/71
                              ANNEX
          Specific agricultural conversion rate for rice
                   (Regulation (EEC) No 3294/86)
                    1 ECU = Bfs       47,7950
                            = DM       2,31728
                            = Dkr      8,83910
                            = Dr     174,309
                            = Pta    160,376
                            = FF       7,77184
                            = £ Irl    0,864997
                            = Lit   1681,43
                            = F1       2,61097
                            =£         0,788131