31989R1926

No L 187/26 Official Journal of the European Communities 1 . 7. 89

COMMISSION REGULATION (EEC) No 1926/89 of 30 June 1989 fixing the monetary coefficient applicable on imports of dried grapes

THE COMMISSION OF THE EUROPEAN COMMUNITIES, charges to be imposed where that price is not observed ; whereas the import prices as set out in Annex II of that Having regard to the Treaty establishing the European Regulation are calculated as specific percentages of the Economic Community, minimum import price ; whereas as a result the monetary coefficient should apply both to the minimum import Having regard to Council Regulation (EEC) No 426/86 of prices and the import prices, 24 February 1986 on the common organization of the market in products processed from fruit and vegetables ('), as last amended by Regulation (EEC) No 1125/89 (2), and HAS ADOPTED THIS REGULATION : in particular Article 9 (6) thereof, Article 1 Having regard to Commission Regulation (EEC) No 2237/85 of 30 July 1985 laying down detailed rules for After having converted the minimum import prices and the application of the minimum import price system for the import prices as set out in Annexes I and II of Regu­ dried grapes (3), and in particular Article 4 thereof, lation (EEC) No 2303/88 into one of the following Whereas Article 4(1 ) of Regulation (EEC) No 2237/85 national currencies by applying the agricultural conver­ provides that the Commission shall fix a monetary coeffi­ sion rate, the resulting amount shall be multiplied by the cient equal to the real monetary gap between the agricul­ following coefficient : tural conversion rate for the currency of a Member State — for the Greek drachma : 1,270 and the central rate, or, where applicable, the market rate — for the pound sterling : 1,074 when that gap is equal to or more than 2,5 percentage points ; — for the French franc : 1,050 — for the Irish pound : 1,051 Whereas Article 4(2) of Regulation (EEC) No 2237/85 — for the Italian lira : 1,025 provides that the monetary coefficient shall be fixed before the commencement of the marketing year and, — for the Spanish peseta : 0,943 . 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 3 July 1989. as amended by Regulation (EEC) No 3519/88 {% fixes the minimum import price applicable to dried grapes during It shall remain applicable during the period of validity of the marketing year 1988/89 as well as the countervailing Regulation (EEC) No 2237/85.

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

Done at Brussels, 30 June 1989. For the Commission Ray MAC SHARRY Member of the Commission

(') OJ No L 49, 27. 2. 1986, p. 1 . 0 OJ No L 118, 29. 4. 1989, p. 29. (3) OJ No L 209, 6. 8 . 1985, p. 24. (4) OJ No L 201 , 27. 7. 1988, p. 43. Is) OJ No L 307, 12. 11 . 1988, p. 26.