31987R4020
No L 378/38 31 . 12. 87 Official Journal of the European Communities
COMMISSION REGULATION (EEC) No 4020/87 of 30 December 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 rate for the Greek Economic Community, drachma recorded in accordance with Regulation (EEC) No 3153/85 during the period 23 to 29 December 1987, Having regard to Council Regulation (EEC) No 1676/85 of 11 June 1985 on the value of the unit of account and requires the specific agricultural conversion rate appli the conversion rates to be applied for the purposes of the cable for Greece to be altered pursuant to Article 9 (2) of common agricultural policy ('), as last amended by Regu 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,
Whereas by Commission Regulation (EEC) No The Annex to Regulation (EEC) No 3294/86 is replaced 3294/86 (*), as last amended by Regulation (EEC) No by the Annex hereto. 3490/87 (*), 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 last amended by Regulation (EEC) No 1955/87 (8) ; This Regulation shall enter into force on 4 January 1988 .
This Regulation shall be binding in its entirety and directly applicable in all Member States .
Done at Brussels, 30 December 1987. For the Commission Frans ANDRIESSEN Vice-President
(■) OJ No L 164, 24. 6. 1985, p. 1 . (2) OJ No L 153, 13. 6. 1987, p. 1 . (3) OJ No L 164, 24. 6. 1985, p. 6. («) OJ No L 182, 3 . 7. 1987, p. 1 . 0 OJ No L 304, 30. 10. 1986, p. 25. («) OJ No L 330, 21 . 11 . 1987, p. 18 . 0 OJ No L 310, 21 . 11 . 1985, p. 4. (8) OJ No L 186, 6. 7. 1987, p, 1 .
31 . 12. 87 Official Journal of the European Communities No L 378/39
ANNEX
Specific agricultural conversion rate for rice
1 ECU = Bfs 48,2869 = DM 2,34113 = Dkr 8,93007 = Dr 184,681 = Pta 156,526 = FF 7,85183 = £Irl 0,873900 = Lit 1 704,94 = F1 2,63785 = £ 0,787378