31988R3439

5. 11 . 88 Official Journal of the European Communities No L 302/ 11

COMMISSION REGULATION (EEC) No 3439/88 of 4 November 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 countervailing charges to be imposed where that price is Having regard to the Treaty establishing the European not observed ; whereas the import prices as set out in Economic Community, 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 Article 1 2237/85 of 30 July 1985 laying down detailed rules for the application of the minimum import price system for After having converted the minimum import prices and dried grapes (3), and in particular Article 4 thereof, 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 sion rate, the resulting amount shall be multiplied by the cient equal to the real monetary gap between the agricul­ tural conversion rate for the currency of a Member State following coefficient : and the central rate, or, where applicable, the market rate > — for the Greek drachma : 1,261 when that gap is equal to or more than 2,5 percentage — for the pound sterling : 1,122 points ; — for the French franc : 1,050 Whereas Article 4(2) of Regulation (EEC) No 2237/85 — for the Irish pound : 1,051 provides that the monetary coefficient shall be fixed — for the Italian lira : 1,060 before the commencement of the marketing year and, 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 7 November 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, 4 November 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 . 0 OJ No L 209, 6. 8 . 1985, p. 24. (<) OJ No L 201 , 27. 7. 1988, p. 43.