Commission Regulation (EC) No 624/1999 of 23 March 1999 amending Regulation (EEC) No 1713/93 establishing special detailed rules for applying the agricultural conversion rate in the sugar sector

COMMISSION REGULATION (EC) No 624/1999 of 23 March 1999 amending Regulation (EEC) No 1713/93 establishing special detailed rules for applying the agricultural conversion rate in the sugar sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Community,
Having regard to Council Regulation (EEC) No 1785/81 of 30 June 1981 on the common organisation of the markets in the sugar sector (1), as last amended by Commission Regulation (EC) No 1148/98 (2), and in particular Articles 8(5), 9(6) and 36(6) thereof,
Having regard to Council Regulation (EC) No 2799/98 of 15 December 1998 establishing agrimonetary arrangements for the euro (3), and in particular Article 9 thereof,
Whereas Regulation (EC) No 2799/98 establishes new agrimonetary arrangements as a result of the introduction of the euro; whereas the resulting application of certain operative events adopted by Regulation (EEC) No 1713/93 of 30 June 1993 establishing special detailed rules for applying the agricultural conversion rate in the sugar sector (4), as last amended by Regulation (EC) No 59/97 (5), has become unnecessarily complex because of the daily amendment of the exchange rates of non-participating Member States; whereas the application of the operative events should be simplified to permit the efficient administration of the system and compliance with the criteria set out in Article 3 of Regulation (EEC) No 2799/98;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Sugar,