31987R3177
No L 301 /36 Official Journal of the European Communities 24. 10 . 87
COMMISSION REGULATION (EEC) No 3177/87 of 23 October 1987 altering the specific agricultural conversion rates applicable in the rice sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES, Whereas Regulation (EEC) No 3153/85 lays down detailed rules for the calculation of monetary compensa Having regard to the Treaty establishing the European tory amounts ; whereas the spot market rates for the Economic Community, Spanish peseta and pound sterling recorded in accordance Having regard to Council Regulation (EEC) No 1676/85 with Regulation (EEC) No 31 53/85 during the period 14 of 11 June 1985 on the value of the unit of account and to 21 October 1987, require the specific agricultural the conversion rates to be applied for the purposes of the conversion rates applicable for Spain to be altered common agricultural policy ('), as last amended by Regu pursuant to Article 9 (2) of Regulation (EEC) No 1677/85, lation (EEC) No 1636/87 (2), and in particular Article 2 (4) thereof, HAS ADOPTED THIS REGULATION : Having regard to Council Regulation (EEC) No 1677/85 of 11 June 1985 on monetary compensatory amounts in agriculture (3), as last amended by Regulation (EEC) No Article 1 1889/87 (4), and in particular Article 9 (2) thereof, The Annex to Regulation (EEC) No 3294/86 is replaced Whereas by Commission Regulation (EEC) No by the Annex hereto. 3294/86 as last amended by Regulation (EEC) No 3102/87 (*), specific agricultural conversion rates to be applied in the rice sector were established ; whereas those Article 2 conversion rates must be altered pursuant to Articles 2 and 3 of Commission Regulation (EEC) No 3153/85 Q as This Regulation shall enter into force on 26 October last amended by Regulation (EEC) No 1955/87 (8) ; 1987.
This Regulation shall be binding in its entirety and directly applicable in all Member States . ^
Done at Brussels, 23 October 1987.
For the Commission Frans ANDRIESSEN Vice-President
(') OJ No L 164, 24. 6. 1985, p. 1 . 0 OJ No L 153, 13 . 6. 1987, p. 1 . (3) OJ No L 164, 24. 6. 1985, p. 6. (j OJ No L 182, 3. 7. 1987, p. 1 . 0 OJ No L 304, 30 . 10 . 1986, p. 25 . («) OJ No L 294, 17. 10. 1987, p. 11 . 0 OJ No L 310, 21 . 11 . 1985, p. 4. 8) OJ No L 186, 6. 7. 1987, p. 1 .
24. 10 . 87 Official Journal of the European Communities No L 301 /37
ANNEX
Specific agricultural conversion rate (or rice
1 ECU = Bfs 48,2869 = DM 2,34113 = Dkr 8,93007 = Dr 179,676 = Pta 153,288 = FF 7,85183 = £ Irl 0,873900 = Lit 1 690,42 = F1 2,63785 = £ 0,781472