Commission Regulation (EEC) No 269/91 of 1 February 1991 setting general implementing rules for the standard amounts used for financing expenditure in connection with public storage

COMMISSION REGULATION (EEC) No 269/91  of 1 February 1991  setting general implementing rules for the standard amounts used for financing expenditure in connection with public storage
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 1676/85 of 11 June 1985 on the value of the unit of account and the conversion rates to be applied for the purposes of the common agricultural policy (1), as last amended by Regulation (EEC) No 2205/90 (2),  and in particular Article 5 (3) thereof,
Having regard to Council Regulation (EEC) No 1883/78 of 2 August 1978 laying down general rules for the financing of interventions by the European Agricultural Guidance and Guarantee Fund (Guarantee Section) (3), as last amended by Regulation (EEC) No  787/89 (4), and in particular the second paragraph of Article 6 thereof,
Whereas Council Regulation (EEC) No 1678/85 (5), as last amended by Regulation (EEC) No 3609/90 (6) set the agricultural conversion rates to be used for the standard amounts mentioned in Article 6 of Regulation (EEC) No 1883/78; whereas the operative  event determining the rates applicable should be deemed to occur on the first day of the EAGGF Guarantee Section financial year;
Whereas, however, the Council's decision on the agricultural conversion rates for the 1991 financial year has been made after its commencement; whereas in consequence the operative event for the 1991 financial year must be specifically determined;
Whereas in view of the changes made in the method of determining the abovementioned standard amounts they should again be paid in full;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the EAGGF Committee,