COUNCIL  REGULATION (EEC) No 3756/89
of 11 December 1989
amending Regulation (EEC) No 1678/85 fixing the conversion rates to be applied in agriculture
THE COUNCIL 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 1636/87 (2), and in particular Article 2 (3) thereof,
Having regard to the proposal from the Commission,
Having regard to the opinion of the Monetary Committee,
Whereas the agricultural conversion rates currently applicable were fixed by Regulation (EEC) No 1678/85 (3), as last amended by Regulation (EEC) No 3575/89 (4);
Whereas, as a result of the transition by stages to which the products referred to in Article 259 of the Act of Accession of Spain and Portugal are subject, no agricultural conversion rate is fixed for those products; whereas, however, certain provisions of the common agricultural policy have been extended to cover several of the products in question in Portugal, in particular by Council Regulation (EEC) No 1423/88 of 24 May 1988 on the granting of aid for certain varieties of rice of the indica type or profile in Portugal (5) and by Council Decision 89/144/EEC of 20 February 1989 extending certain provisions on the supply of milk and milk products at a reduced price to cover Portugal (6); whereas a conversion rate corresponding to actual economic circumstances must be fixed for these cases;
Whereas, in the case of Spain, the first phase of the specific transitional arrangements for fresh fruit and vegetables referred to in Article 131 of the Act of Accession ends on 31 December 1989; whereas an agricultural conversion rate corresponding to actual economic circumstances must be fixed for the products in question with effect from 1 January 1990, taking account of the rate applicable to processed fruit and vegetables,
Regulation (EEC) No 1678/85 is hereby amended as follows:
1. The following Article shall be inserted:
'Article 2b
1. For the purposes of applying Regulation (EEC) No 1423/88 (*) in the case of aid for rice sown during the 1987/88 marketing year, amounts fixed in ecus shall be expressed in Portuguese escudos using the conversion rate
ECU 1 = Esc 190,666.
2. For the purposes of applying Decision 89/144/EEC (**) concerning the supply of milk and milk products to pupils in educational establishments, amounts fixed in ecus shall be expressed in Portuguese escudos using the following conversion rates:
- for products distributed in the period 1 January 1989 to 30 April 1989:
ECU 1 = Esc 190,623,
- for products distributed in the period 1 May 1989 to the end of the 1989/90 milk year:
ECU 1 = Esc 192,002.
3. Without prejudice to paragraphs 1 and 2, throughout the remaining duration of the first stage of the transitional period provided for in Article 259 of the Act of Accession of Spain and Portugal, amounts fixed in ecus for the purposes of the common agricultural policy and applicable to products listed in that Article shall be converted into escudos, with effect from the date of commencement of the marketing year for the product concerned, using the agricultural conversion rate applicable on that date to the products covered by Regulation (EEC) No 3033/80 (***), as amended by Regulation (EEC) No 3743/87 (), and by Regulation (EEC) No 3035/80 (), as last amended by Regulation (EEC) No 3209/88 (*).
Where an adjustment in that rate takes effect during the remainder of the current marketing year for the products covered by Regulations (EEC) No 3033/80 and (EEC) No 3035/80, the new rate shall be valid with effect from the date of its entry into force for the conversion concerned.
(*) OJ No L 131, 27. 5. 1988, p. 1.
(**) OJ No L 53, 25. 2. 1989, p. 54.
(***) OJ No L 323, 29. 11. 1980, p. 1.
() OJ No L 352, 15. 12. 1987, p. 29.
() OJ No L 323, 29. 11. 1980, p. 27.
(*) OJ No L 286, 20. 10. 1988, p. 6.'
2. Annex V shall be replaced by the Annex hereto.
This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities.
(b) (3), which appears in point 1 of Article 1, shall apply with effect from 1 July 1989.
This Regulation shall be binding in its entirety and directly applicable in all Member States.