Commission Regulation (EEC) No 2847/92 of 29 September 1992 establishing the financial compensation for oranges and mandarins, reduced as a result of the monetary realignments of 13 to 17 September 1992

COMMISSION REGULATION (EEC) No 2847/92  of 29 September 1992  establishing the financial compensation for oranges and mandarins, reduced as a result of the monetary realignments of 13 to 17 September 1992
THE COMMISSION OF THE EUROPEAN  COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 1677/85 of 11 June 1985 on monetary compensatory amounts in agriculture (1), as last amended by Regulation (EEC) No 2205/90 (2), and in particular Article 6 (3) thereof,
Whereas Article 6 of Regulation (EEC) No 1677/85 provides that agricultural prices fixed in ecus must be reduced when the amendment of the agricultural conversion rate takes effect at the beginning of the marketing year following a monetary realignment,  as a result of the dismantlement of transferred monetary gaps; whereas, because of automatic dismantlement of the negative monetary gaps created by the realignments of 13 to 17 September 1992, it is necessary to divide the prices in ecus by the  coefficient reducing agricultural prices fixed at 1,002650 by Article 2 of Commission Regulation (EEC) No 2735/92 (3);
Whereas the financial compensation for oranges and mandarins for the 1992/93 marketing year were fixed by Council Regulation (EEC) No 1378/92 (4);
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Fruit and Vegetables,