31990R1208

No L 122 / 82 Official Journal of the European Communities 14 . 5 . 90

COMMISSION REGULATION (EEC) No 1208/90 of 11 May 1990 fixing the conversion rates used for the calculation of monetary compensatory amounts and to be applied for certain amounts in the agricultural sector

THE COMMISSION OF THE EUROPEAN amended by Regulation (EEC) No 2300/89 (7), the rates COMMUNITIES, used to fix or, where appropriate, adjust the monetary compensatory amounts are to be used for the conversion Having regard to the Treaty establishing the European into ecus of the amounts relating to world market data Economic Community, and expressed in the national currency of a Member State ; whereas, pursuant to Article 2 (4) of Council Having regard to Council Regulation (EEC) No Regulation (EEC) No 1676/ 85 (s), as last amended by 1677/ 85 of 11 June 1985 on monetary compensatory Regulation (EEC) No 1636/87 ('), those rates are also to amounts in agriculture ('), as last amended by Regulation (EEC) No 1889/ 87 (2), and in particular Article 12 be used for the conversion of certain other agricultural thereof, amounts ; whereas the rates in question should be fixed to make it easier to use them ; Whereas the monetary compensatory amounts Whereas the measures provided for in this Regulation introduced by Regulation (EEC) No 1677 / 85 are fixed are in accordance with the opinions of the relevant by Commission Regulation (EEC) No 1207 /90 (3) on the management committees, basis of the central rates and, for certain Member States, on the basis of the exchange rates referred to in Article 3 HAS ADOPTED THIS REGULATION : of Commission Regulation (EEC) No 3153/ 85 of 11 November 1985 laying down detailed rules for the calcu­ Article 1 lation of monetary compensatory amounts (4), as last amended by Regulation (EEC) No 3672 / 89 (5); The conversion rates used to fix or, where appropriate, to adjust the monetary compensatory amounts, as Whereas, in accordance with Article 3a of Commission referred to in Article 3a of Regulation (EEC) No Regulation (EEC) No 3152/ 85 of 11 November 1985 3152 / 85 , shall be as set out in the Annex hereto. laying down detailed rules for the application of Regu­ lation (EEC) No 1676/ 85 on the value of the unit of Article 2 account and the conversion rates to be applied for the purposes of the common agricultural policy (6), as last This Regulation shall enter into force on 14 May 1990.

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

Done at Brussels, 11 May 1990. For the Commission Ray MAC SHARRY Member of the Commission

0) OJ No L 164, 24. 6. 1985 , p. 6. O OJ No L 182 , 3 . 7 . 1987 , p. 1 , (J) See page 1 of this Official Journal. (4) OJ No: L 310, 21 . 11 . 1985 , p. 4. O OJ No L 220, 29. 7 . 1989, p. 8 . O OJ No L 358 , 8 . 12. 1989, p. 28 . (') OJ No L I 64, 24. 6 . 1985, p. 1 . (*) OJ No L 310, 21 . 11 . 1985 , p. 1 . O OJ No L 153 , 13 . 6 . 1987, p. 1 .

14 . 5 . 90 Official Journal of the European Communities No L 122 / 83

ANNEX

Conversion rates used for the calculation of monetary compensatory amounts and to be applied for certain amounts in the agricultural sector

100 Lit 1 £ 1 £ Irl 1 ECU

Bfrs /Lfrs 2,75662 56,8301 55,2545 48,2868 Dkr 0,509804 10,5101 10,2187 8,93008 DM 0,133651 2,75534 2,67895 2,34113 FF 0,448248 9,24103 8,98483 7,85183 F1 0,150591 3,10456 3,01849 2,63785 £ Irl 0,0498895 1,02852 — 0,873900 £ 0,0485060 — 0,972274 0,849670 Lit — 2 061,59 2 004,43 1 751,67 Dr 13,1643 271,394 263,869 230,595 Esc 11,8117 243,509 236,757 206,902 Pta 8,40815 173,341 168,535 147,283

COMMISSION NOTICE

Subject : Adjustment of agricultural conversion rates

The date referred to in the first subparagraph of Article 1 (2) of Commission Regulation (EEC) No 3152/ 85 (*), as last amended by Commission Regulation (EEC) No 2300/ 89 (2), and the second subparagraph of Article 6 (3) of Commission Regulation (EEC) No 3155 /85 (5), as last amended by Commission Regulation (EEC) No 3247/ 89 (4), is 27 April 1990.

C) OJ No L 310, 21 . 11 . 1985 , p. 1 . O OJ No L 220, 29. 7. 1989, p. 8 . C) OJ No L 310 , 21 . 11 . 1985 , p . 22 . (4) OJ No L 314, 28 . 10. 1989, p . 51 .