31988R0713

19 . 3 . 88 Official Journal of the European Communities No L 74/29

COMMISSION REGULATION (EEC) No 713/88 of 18 March 1988 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 pound Economic Community, sterling and the Italian lira recorded in accordance with Having regard to Council Regulation (EEC) No 1676/85 Regulation (EEC) No 3153/85 during the period 9 to 15 of 11 June 1985 on the value of the unit of account and March 1988, requires the specific agricultural conversion the conversion rates to be applied for the purposes of the rate applicable for the United Kingdom and Italy to be common agricultural policy ('), as last amended by Regu­ altered pursuant to Article 9 (2) of Regulation (EEC) No lation (EEC) No 1636/87 (2), and in particular Article 2 (4) 1677/85, thereof,

Having regard to Council Regulation (EEC) No 1677/85 HAS ADOPTED THIS REGULATION : of 11 June 1985 on monetary compensatory amounts in agriculture (3), as last amended by Regulation (EEC) No 1889/87 (4), and in particular Article 9 (2) thereof, Article 1

Whereas by Commission Regulation (EEC) No The Annex to Regulation (EEC) No 3294/86 is replaced 3294/86 0, as last amended by Regulation (EEC) No by the Annex hereto. 657/88 (*), specific agricultural conversion rates to be applied in the rice sector were established ; whereas those conversion rates must be altered pursuant to Articles 2 Article 2 and 3 of Commission Regulation (EEC) No 3153/85 0 as last amended by Regulation (EEC) No 3770/87 (8); This Regulation shall enter into force on 21 March 1988 .

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

Done at Brussels, 18 March 1988 .

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 . 0 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 67, 12. 3. 1988, p. 9. 0 OJ No L 310, 21 . 11 . 1985, p. 4. («) OJ No L 355, 17. 12. 1987, p. 16.

No L 74/30 Official Journal of the European Communities 19 . 3 . 88

ANNEX

Specific agricultural conversion rate for rice

(Regulation (EEC) No 3294/86)

1 ECU - Bfs 48,2869 - DM 234113 = Dkr 8,93007 - Dr 186,735 - Pta 156,526 - FF 7,85183 - £Irl 0,873900 - Lit 1 725,91 704,94 = F1 2,63785 =£ 0,756539