Commission Regulation (EEC) No 1953/87 of 3 July 1987 amending Regulation (EEC) No 1678/85 as regards the agricultural conversion rates for the pigmeat sector in the United Kingdom

COMMISSION  REGULATION (EEC) No 1953/87
of 3 July 1987
amending Regulation (EEC) No 1678/85 as regards the agricultural conversion rates for the pigmeat sector in the United Kingdom
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 1889/87 (2), and in particular Article 12 thereof,
Whereas Article 6a of Regulation (EEC) No 1677/85 lays down that the agricultural conversion rates of a Member State should, in accordance with the procedure provided for in Article 12 of that Regulation, be adjusted so as to avoid the creation of new monetary compensatory amounts;
Whereas the trend in the market rate of the pound sterling would normally lead to an increase in the compensatory amounts applicable to the United Kingdom in the pigmeat sector with effect from 1 July 1987 in the light of the change in the agricultural conversion rate determined by Council Regulation (EEC) No 1678/85 (3), in the version as amended by Regulation (EEC) No 1890/87 (4); whereas, in order to avoid this consequence, the agricultural conversion rate should be adjusted so as to avoid the creation of such new monetary compensatory amounts;
Whereas the new agri-monetary arrangements take effect on 1 July 1987; whereas the delay in the Council's decision should not be allowed to get in the way of the management of the market concerned; whereas, therefore, this measure should have retroactive effect as from 1 July 1987;
Whereas the measures provided for in this Regulation are in accordance with the oppinion of the Management Committee for Pigmeat,