31988R2732

1 . 9 . 88 Official Journal of the European Communities No L 241 / 117

COMMISSION REGULATION (EEC) No 2732/88 of 31 August 1988 fixing the monetary coefficient applicable on imports of dried grapes

THE COMMISSION OF THE EUROPEAN COMMUNITIES, grapes during the marketing year 1988/89 as well as the Having regard to the Treaty establishing the European countervailing charges to be imposed where that price is Economic Community, not observed ; whereas the import prices as set out in Annex II of that Regulation are calculated as specific percentages of the minimum import , price ; whereas as a Having regard to Council Regulation (EEC) No 426/86 of result the monetary coefficient should apply both to the 24 February 1986 on the common organization of the minimum import prices and the import prices, market in products processed from fruit and vegetables ('), as last amended by Regulation (EEC) No 2247/88 (2), and in particular Article 9(6) thereof, HAS ADOPTED THIS REGULATION : Having regard to Commission Regulation (EEC) No 2237/85 of 30 July 1985 laying down detailed rules for Article 1 the application of the minimum import price system for dried grapes (3), and in particular Article 4 thereof, After having converted the minimum import prices and the import prices as set out in Annexes I and II of Regu­ Whereas Article 4(1 ) of Regulation (EEC) No 2237/85 lation (EEC) No 2303/88 into one of the following provides that the Commission shall fix a monetary coeffi­ national currencies by applying the agricultural conver­ cient equal to the real monetary gap between the agricul­ sion rate, the resulting amount shall be multiplied by the tural conversion rate for the currency of a Member State following coefficient : and the central fate, or, where applicable, the market rate for the Greek drachma : 1,261 when that gap is equal to or more than 2,5 percentage points ; fof the pound sterling : 1,122 for the French franc : 1.050 Whereas Article 4(2) of Regulation (EEC) No 2237/85 provides that the monetary coefficient shall be fixed for the Irish pound : 1.051 for the Italian lira : before the commencement of the marketing year and, 1,060 subsequently, on the first Monday of the months of November, January, March, May and July ; Article. 2 Whereas Commission Regulation (EEC) No 2303/88 (4) This Regulation shall enter into force on 1 September fixes the minimum import price applicable to dried 1988 .

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

Done at Brussels, 31 August 1988 .

For the Commission Frans ANDRIESSEN Vice-President

(') OJ/ No L 49, 27. 2. 1986, p. 1 . (2) OJ No L 198, 26. 7. 1988, p. 21 . (3) OJ No L 209, 6. 8 . 1985, p. 24. (4) OJ No L 201 , 27. 7. 1988, p. 43.