CELEX: 31991R0951
Language: en
Date: 1991-04-22 00:00:00
Title: Commission Regulation (EEC) No 951/91 of 18 April 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

22. 4 . 91                                   Official Journal of the European Communities                           No L 101 /41
                                           COMMISSION REGULATION (EEC) No 951/91
                                                            of 18 April 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                                          laying down detailed rules for the application of Regu­
COMMUNITIES,                                                            lation (EEC) No 1676/85 on the value of the unit of
                                                                        account and the conversion rates to be applied for the
Having regard to the Treaty establishing the European                   purposes of the common agricultural policy (*), as last
Economic Community,                                                     amended by Regulation (EEC) No 3237/90 (10), the
Having regard to Council Regulation (EEC) No                            rates used to fix or, where appropriate, adjust the
1677/85 of 11 June 1985 on monetary compensatory                        monetary compensatory amounts, from this time forth
amounts in agriculture (*), as last amended by Regulation               defined as representative market rates, are to be used for
(EEC) No 2205/90 (2), and in particular Article 9 (2)                   the conversion into ecus of the amounts relating to world
thereof,                                                                market data and expressed in the national currency of a
                                                                        Member State ; whereas, pursuant to Article 2 (4) of
Having regard to Commission Regulation (EEC) No                         Council Regulation (EEC) No 1676/ 85 ("), as last
3578 /88 of 17 November 1988 laying down detailed,                      amended by Regulation (EEC) No 2205/90, those rates
rules for the application of the system for the automatic               are also to be used for the conversion of certain other
dismantlement of negative monetary compensatory                         agricultural amounts ; whereas the rates in question
amounts (J), as last amended by Regulation (EEC) No                     should be fixed to make it easier to use them,
287/91 (4), and in particular Article 7 thereof,
                                                                        HAS ADOPTED THIS REGULATION :
Whereas the monetary compensatory amounts
introduced by Regulation (EEC) No 1677/85 were fixed                                                Article 1
by Commission Regulation (EEC) No 1207/90 (s), as
last amended by Regulation (EEC) No 950/91 ('), on                      The representative market rates referred to in Article 3a
the basis of the central rates and, for certain Member                  of Regulation (EEC) No 3152/85, to be applied for
States, on the basis of the exchange rates referred to in               certain amounts in the context of the common agri­
Article 3 of Commission Regulation (EEC) No 3153/ 85                    cultural policy and used to fix or, where appropriate, to
of 11 November 1985 laying down detailed rules for the                  adjust the monetary compensatory amounts, shall be set
calculation of monetary compensatory amounts (7), as                    out in the Annex hereto.
last amended J>y Regulation (EEC) No 3672/89 (*);
                                                                                                    Article 2
Whereas, in accordance with Article 3a of Commission
Regulation (EEC) No 3152/85 of 11 November 1985                         This Regulation shall enter into force on 22 April 1991 .
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States .
                   Done at Brussels, 18 April 1991 .
                                                                                          For the Commission
                                                                                          Ray MAC SHARRY
                                                                                       Member ofthe Commission
 ') OJ  No L  164, 24 .   6. 1985 , p. 6 .
 2) OJ  No L 201 , 31 .   7. 1990, p. 9 .
 J) OJ  No L  312, 18 .   11 . 1988, p. 16.
 4) OJ  No L  35 , 7. 2 .  1991 , p. 10 .
 s) OJ  No L  122, 14 .   5 . 1990, p. 1 .
 *) See page 1 of this Official Journal.                                 (') OJ No L 310, 21 . 11 . 1985, p. 1 .
 7) OJ No L 310, 21 . 11 . 1985, p. 4.                                  H OJ No L 310, 9. 11 . 1990, p. 18 .
 •) OJ No L 358, 8. 12. 1989, p. 28.                                    (,l) OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak--- No L 101 /42                         Official Journal of the European Communities                                22 . 4. 91
                                                              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 the monetary compensatory amounts
                                   100 Lit                   1 £                 1 £ Irl             I ECU
               Bfrs/Lfrs           2,75661                61,2270               55,2545            48,5563
                 Dkr               0,509801               11,3232               10,2186              8,97989
                 DM                0,133650                2,96850               2,67893             2,35418
                  FF               0,448246                9,95598               8,98480             7,89563
                   F1              0,150590                3,34474               3,01847             2,65256
                 £ Irl             0,0498894               1,10809                 —
                                                                                                     0,878776
                   £               0,0450228                 —
                                                                                 0,902453            0,793054
                  Lit                —
                                                      2 221,10               2 004,44           1 761,45
                  Dr              14,4866               321,761                290,374            255,174
                  Esc             11,7497               260,972                235,515            206,965
                  Pta              8,27375               183,768               165,842            145,738