31990R2151

No L 200 / 42 Official Journal of the European Communities 30 . 7 . 90

COMMISSION REGULATION ( EEC) No 2151 /90 of 26 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 Whereas , in accordance with Article 3a of Commission COMMUNITIES, Regulation (EEC) No 3152 / 85 of 11 November 1985 laying down detailed rules for the application of Regu­ Having regard to the Treaty establishing the European lation (EEC) No 1676/ 85 on the value of the unit of Economic Community, account and the conversion rates to be applied for the purposes of the common agricultural policy ('), as last Having regard to Council Regulation (EEC) No amended by Regulation (EEC) No 2300 / 89 (10), the 1677/ 85 of 11 June 1985 on monetary compensatory rates used to fix or, where appropriate, adjust the amounts in agriculture (l), as last amended by Regulation monetary compensatory amounts are to be used for the (EEC) No 1889/ 87 (2), and in particular Article 9 (2) conversion into ecus of the amounts relating to world thereof, market data and expressed in the national currency of a Member State ; whereas, pursuant to Article 2 (4) of Having regard to Commission Regulation (EEC) No Council Regulation (EEC) No 1676/ 85 ("), as last 3578 / 88 of 17 November 1988 laying down detailed amended by Regulation (EEC) No 1636 / 87 ("), those rules for the application of the system for the automatic rates are also to be used for the conversion of certain dismantlement of negative monetary compensatory other agricultural amounts ; whereas the rates in question amounts (J), as last amended by Regulation (EEC) No should be fixed to make it easier to use them, 1848 /90 (4), HAS ADOPTED THIS REGULATION : Whereas the monetary compensatory amounts introduced by Regulation (EEC) No 1677/ 85 are fixed Article 1 by Commission Regulation (EEC) No 1207/90 (s), as last amended by Regulation (EEC) No 2150/90 ('), on The conversion rates used to fix or, where appropriate, the basis of the central rates and , for certain Member to adjust the monetary compensatory amounts, as States, on the basis of the exchange rates referred to in referred to in Article 3a of Regulation (EEC) No Article 3 of Commission Regulation (EEC) No 3153 / 85 3152/ 85 , shall be as set out in the Annex hereto. of 11 November 1985 laying down detailed rules for the Article 2 calculation of monetary compensatory amounts (7), as last amended by Regulation (EEC) No 3672/ 89 (8); This Regulation shall enter into force on 30 July 1990 .

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

Done at Brussels, 26 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 Nò L 168 , 30 . 6 . 1990 , p. 34. 5) 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. H OJ No L 220, 29. 7 . 1989, p. 8 . 0 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 . (") OJ No L 153 , 13 . 6 . 1987, p. 1 .

30 . 7 . 90 Official Journal of the European Communities No L 200/ 43

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 61,2298 55,2545 48,2868 Dkr 0,509804 11,3237 10,2187 8,93008 DM 0,133651 2,96866 2,67895 2,34113 FF 0,448248 9,95647 8,98483 7,85183 F1 0,150591 3,34491 3,01849 2,63785 £ Irl 0,0498895 1,10814 — 0,873900 £ 0,0450210 — 0,902410 0,788616 Lit — 2 221,20 2 004,43 1 751,67 Dr 13,1259 291,551 263,099 229,922 Esc 11,7765 261,579 236,051 206,285 Pta 8,21576 182,488 164,679 143,913