31987R1348

No L 127/ 12 Official Journal of the European Communities 16 . 5 . 87

COMMISSION REGULATION (EEC) No 1348/87

of 15 May 1987 altering the specific agricultural conversion rates applicable in the rice sector

THE COMMISSION OF THE EUROPEAN COMMUNITIES, the calculation of monetary compensatory amounts ; whereas the spot market rates for the Italian lire and Having regard to the Treaty establishing the European Greek drachma recorded in accordance with Regulation Economic Community, (EEC) No 3153/85 during the period 6 to 12 May 1987, Having regard to Council Regulation (EEC) No 1676/85 require the specific agricultural conversion rates appli­ of 11 June 1985 on the value of the unit of account and cable for Italy and Greece to be altered pursuant to the conversion rates to be applied for the purposes of the Article 9 (2) of Regulation (EEC) No 1677/85, common agricultural policy ('), and in particular Article 2 (4) thereof, Having regard to Council Regulation (EEC) No 1677/85 HAS ADOPTED THIS REGULATION : of 11 June 1985 on monetary compensatory amounts in agriculture (2), as last amended by Regulation (EEC) No 90 /87 (3), and in particular Article 9 (2) thereof, Article 1 Whereas by Commission Regulation (EEC) No 3294/86 (4), as last amended by Regulation (EEC) No The Annex to amended Regulation (EEC) No 3294/86 is 1288/87 (^ specific agricultural conversion rates to be replaced by the Annex hereto. applied in the rice sector were established ; whereas those conversion rates must be altered pursuant to Articles 2 and 3 of Commission Regulation (EEC) No 3153/ 85 (6) ; Article 2

Whereas Regulation (EEC) No 3153/85, as amended by Regulation (EEC) No 1283/ 87 Q, lays detailed rules for This Regulation shall enter into force on 18 May 1987.

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels , 15 May 1987 .

For the Commission

Frans ANDRIESSEN Vice-President

O OJ No L 164, 24. 6 . 1985 , p . 1 . (2) OJ No L 164, 24. 6. 1985, p . 6 . (3) OJ No L 13 , 15. 1 . 1987, p . 12. (4) OJ No L 304, 30 . 10 . 1986, p . 25 . 0 OJ No L 121 , 9 . 5. 1987, p. 9 . («) OJ No L 310 , 21 . 11 . 1985, p . 4. 0 OJ No L 122, 11 . 5. 1987, p . 1 .

16. 5. 87 Official Journal of the European Communities No L 127/ 13

ANNEX

Specific agricultural conversion rate for rice

(Regulation (EEC) No 3294/86)

1 ECU = Bfs 47,7950 = DM 2,31728 = Dkr 8,83910 = Dr 172,676 = Pta 163,292 = FF 7,77184 = £ Irl 0,864997 = Lit 1 672,10 = F1 2,61097 = £ 0,778727