31987R3495

21 . 11 . 87 No L 330/27 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 3495/87 of 19 November 1987 amending Regulation (EEC) No 1956/87 fixing the monetary compensatory amounts in the agricultural sector and certain coefficients and rates required for their application

THE COMMISSION OF THE EUROPEAN COMMUNITIES, from 11 to 17 November 1987 for the peseta require in theory, pursuant to Article 9 (2) of Regulation (EEC) No Having regard to the Treaty establishing the European 1677/85, the monetary compensatory amounts applicable Economic Community, for Spain to be altered ; whereas, however, the monetary Having regard to Council Regulation (EEC) No 1677/85 gap for all sectors due to the variation in the peseta over of 11 June 1985 on monetary compensatory amounts in that period is within the neutral margin laid down for the agriculture ('), as last amended by Regulation (EEC) No fixation of the monetary compensatory amounts ; whereas, 1889/87 (2), and in particular Articles 9 (2) and 6a (2) however, the conversion rates for the peseta laid down thereof, pursuant to Article 10 of Regulation (EEC) No 1677/85 should be updated, Having regard to Council Regulation (EEC) No 1678/85 of 11 June 1985 fixing the conversion rates to be applied in agriculture (3), as last amended by Regulation (EEC) No HAS ADOPTED THIS REGULATION : 3395/87 (4),

Whereas the monetary compensatory amounts introduced Article 1 by Regulation (EEC) No 1677/85 were fixed by Commis­ sion Regulation (EEC) No 1956/87 (i), as last amended by Annex III to Regulation (EEC) No 1956/87 is hereby Regulation (EEC) No 3405/87 (6) ; replaced by the Annex hereto. Whereas Commission Regulation (EEC) No 3153/85 Q, as last amended by Regulation (EEC) No 2390/87 (8), lays Article 2 down the rules for calculating the monetary compensatory amounts ; whereas the spot market rates recorded This Regulation shall enter into force on 23 November pursuant to Regulation (EEC) No 3153/85 in the period 1987 .

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

Done at Brussels , 19 November 1987 .

For the Commission Frans ANDRIESSEN Vice-President

O OJ No L 164, 24. 6 . 1985 , p. 6 . (2) OJ No L 182, 3 . 7. 1987, p . 1 . (3) OJ No L 164, 24. 6. 1985, p . 11 . (4) OJ No L 323 , 13 . 11 . 1987, p . 10 . O OJ No L 186, 6 . 7. 1987, p . 3 . (6) OJ No L 325, 16 . 11 . 1987, p . 1 . O OJ No L 310, 21 . 11 . 1985, p . 4. (8) OJ No L 218 , 7. 8 . 1987, p. 22 .

No L 330/28 Official Journal of the European Communities 21 . 11 . 87

ANNEX

ANNEX III

Application of Article 10 of Regulation (EEC) No 1677/85

100 Lit = 2,83158 Bfrs/ Lfrs 1 £ (UK) = 61,8628 Bfrs/ Lfrs 1 £ (Irl) = 55,2545 Bfrs/Lfrs 0,523666 Dkr 11,4408 Dkr 10,2187 Dkr 0,137286 DM 2,99934 DM 2,67895 DM 0,460437 FF 10,0594 FF 8,98483 FF 0,154685 F1 3,37948 F1 3,01849 F1 0,0512461 £ (Irl) 1,11960 £ (Irl) 0,893178 £ (UK) 0,0457719 £ (UK) 2 184,74 Lit 1 951,37 Lit 10,7152 Dr 234,101 Dr 209,094 Dr 11,0060 Esc 240,454 Esc 214,768 Esc 9,18237 Pta 200,611 Pta 179,182 Pta'