31989R0029
7. 1 . 89 Official Journal of the European Communities No L 5/9
COMMISSION REGULATION (EEC) No 29/89 of 6 January 1989 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 peseta, Economic Community, the pound sterling and the Italian lira recorded in accor Having regard to Council Regulation (EEC) No 1676/85 dance with Regulation (EEC) No 3153/85 during the of 11 June 1985 on the value of the unit of account and period 28 December 1988 to 3 January 1989 require the the conversion rates to be applied for the purposes of the specific agricultural conversion rate applicable for Spain, common agricultural policy ('), as last amended by Regu the United Kingdom and Italy to be altered pursuant to lation (EEC) No 1636/87 (2), and in particular Article 2 (4) Article 9 (2) of Regulation (EEC) No 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 1 889/87 (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 Q, as last amended by Regulation (EEC) No by the Annex hereto. 4053/88 (6), 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 Q, as last amended by Regulation (EEC) No 3770/87 (8) ; This Regulation shall enter intp force on 9 January 1989.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 6 January 1989 . For the Commission Ray MAC SHARRY Member of the Commission
(') OJ No L 164, 24. 6. 1985, p. 1 . (2) OJ No L 153, 13. 6. 1987, p. 1 . O 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. (6) OJ No L 356, 24. 12. 1988, p. 15. 0 OJ No L 310, 21 . 11 . 1985, p. 4. (•) OJ No L 355, 17. 12. 1987, p. 16.
No L 5/ 10 Official Journal of the European Communities 7. 1 . 89
ANNEX
Specific agricultural conversion rate for rice
1 ECU = Bfs 48,2869 = DM 2,34113 - Dkr 8,93007 = Dr 192,844 = Pta 148,507 = FF 7,85183 = £Irl 0,873900 = Lit 1 767,64 = F1 2,63785 = £ 0,743928