31990R1995

No L 183 / 36 Official Journal of the European Communities 16 . 7 . 90

COMMISSION REGULATION (EEC) No 1995/90 of 12 July 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 laying down detailed rules for the application of Regu­ COMMUNITIES, lation (EEC) No 1676/85 on the value of the unit of account and the conversion rates to be applied for the Having regard to the Treaty establishing the European purposes of the common agricultural policy ('), as last Economic Community, amended by Regulation (EEC) No 2300/ 89 (l0), the Having regard to Council Regulation (EEC) No rates used to fix or, where appropriate, adjust the 1677/85 of 11 June 1985 on monetary compensatory monetary compensatory amounts are to be used for the amounts in agriculture (l), as last amended by Regulation conversion into ecus of the amounts relating to world (EEC) No 1889/87 (2), and in particular Article 12 market data and expressed in the national currency of a thereof, Member State ; whereas* pursuant to Article 2 (4) of Council Regulation (EEC) No 1676/85 ("), as last Having regard to Commission Regulation (EEC) No amended by Regulation (EEC) No 1636/ 87 (12), those 3578 /88 of 17 November 1988 laying down detailed rates are also to be used for the conversion of certain rules for the application of the system for the automatic other agricultural amounts ; whereas the rates in question dismantlement of negative monetary compensatory should be fixed to make it easier to use them ; amounts (J), as last amended by Regulation (EEC) No 1848 /90 O , Whereas the measures provided for in this Regulation are in accordance with the opinion of the relevant Whereas the monetary compensatory amounts management committees, introduced by Regulation (EEC) No 1677/ 85 are fixed HAS ADOPTED THIS REGULATION : by Commission Regulation (EEC) No 1207/90 (s), as last amended by Regulation (EEC) No 1994/90 ('), on Article 1 the basis of the central rates and, for certain Member States, on the basis of the exchange rates referred to in The conversion rates used to fix or, where appropriate, Article 3 of Commission Regulation (EEC) No 3153/ 85 to adjust the monetary compensatory amounts, as of 11 November 1985 laying down detailed rules for the referred to in Article 3a of Regulation (EEC) No calculation of monetary compensatory amounts (7), as 3152 / 85, shall be as set out in the Annex hereto. last amended by Regulation (EEC) No 3672/89 (*); Article 2 Whereas, in accordance with Article 3a of Commission Regulation (EEC) No 3152/85 of 11 November 1985 This Regulation shall enter into force on 16 July 1990.

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

Done at Brussels, 12 July 1990. For the Commission Ray MAC SHARRY Member ofthe Commission

') OJ No L 164, 24. 6. 1985, p . 6. ') OJ No L 182, 3. 7. 1987, p. 1 . J) OJ No L 312, 18 . 11 . 1988 , p. 16. 4) OJ No L 168 , 30. 6. 1990, p. 34. s) OJ No L 122 , 14. 5. 1990, p, 1 . O OJ No L 310, 21 . 11 ; 1985, p. 1 . ') See page 1 of this Official Journal. (,0) OJ No L 220, 29. 7. 1989, p. 8 . 7) OJ No L 310, 21 . 11 . 1985 , p . 4. (") OJ No L 164, 24. 6. 1985, p. 1 . ») OJ No L 358 , 8 . 12. 1989, p. 28 . (li) OJ No L 153, 13. 6. 1987, p. 1 .

16 . 7 . 90 Official Journal of the European Communities No L 183 / 37

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 60,8591 55,2545 48,2868 Dkr 0,509804 11,2552 10,2187 8,93008 DM 0,133651 = 2,95069 2,67895 2,34113 FF 0,448248 9,89620 8,98483 7,85183 F1 0,150591 3,32466 3,01849 2,63785 £ Irl 0,0498895 1,10144 ' — 0,873900 £ 0,0452950 — 0,907906 0,793419 Lit — 2207,75 2 004,43 1 751,67 Dr 13,1259 289,786 263,099 229,922 Esc 11,7765 259,995 236,051 206,285 Pta 8,24145 181,951 165,194 144,363