31989R0071
14. 1 . 89 Official Journal of the European Communities No L 11 /9
COMMISSION REGULATION (EEC) No 71/89 of 13 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 Economic Community, Spanish peseta, recorded in accordance with Regulation (EEC) No 3153/85 during the period 4 to 10 January Having regard to Council Regulation (EEC) No 1676/85 1989 requires the specific agricultural conversion rate of 11 June 1985 on the value of the unit of account and applicable for Spain, to be altered pursuant to Article 9 (2) the conversion rates to be applied for the purposes of the of Regulation (EEC) No 1677/85 ; . common agricultural policy ('), as last amended by Regu Whereas there is a mistake in the conversion rate for the lation (EEC) No 1636/87 (2), and in particular Article 2 (4) thereof, pound sterling and the Italian lira for the preceding period ; whereas account should be taken of that situation, Having regard to Council Regulation (EEC) No 1677/85 of 11 June 1985 on monetary compensatory amounts in HAS ADOPTED THIS REGULATION : 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 (*), as last amended by Regulation (EEC) No by the Annex hereto. 29/89 («% 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 (*), as This Regulation shall enter into force on 16 January last amended by Regulation (EEC) No 3770/87 (8) ; 1989 .
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 13 January 1989 . For the Commission Ray MAC SHARRY Member of the Commission
(') OJ No L 164, 24. 6. 1985, p. 1 . (l) OJ No L 153, 13. 6. 1987, p. 1 . 0 OJ No L 164, 24. 6. 1985, p. 6. (4) OJ No L 182, 3. 7. 1987, p. 1 . 0 OJ No L 304, 30. 10. 1986, p. 25. (j OJ No L 5, 7. 1 . 1989, p. 9. f) OJ No L 310, 21 . 11 . 1985, p. 4. M OJ No L 355, 17. 12. 1987, p. 16.
No L 11 / 10 Official Journal of the European Communities 14. 1 . 89
ANNEX
Specific agricultural conversion rate for rice
1 ECU = Bfs 48,2869 = DM 234113 - Dkr 8,93007 = Dr 192,844 = Pta 146,502 = FF 7,85183 = £Irl 0,873900 - Lit 1 711,47 = F1 2,63785 =£ 0,724351