31990R2445

No L 232 / 44 Official Journal of the European Communities 27 . 8 . 90

COMMISSION REGULATION (EEC) No 2445/90 of 23 August 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 purposes of the common agricultural policy (7), as last COMMUNITIES, amended by Regulation (EEC) No 2300/ 89 (8), the rates used to fix or, where appropriate, adjust the monetary Having regard to the Treaty establishing the European compensatory amounts are to be used for the conversion Economic Community, into ecus of the amounts relating to world market data Having regard to Council Regulation (EEC) No and expressed in the national currency of a Member 1677/ 85 of 11 June 1985 on monetary compensatory State ; whereas, pursuant to Article 2(4) of Council amounts in agriculture (*), as last amended by Regulation Regulation (EEC) No 1676/ 85 ('), as last amended by (EEC) No 2205 /90 (2), and in particular Article 9 (2) Regulation (EEC) No 2205/90, those rates are also to be thereof, used for the conversion of certain other agricultural amounts ; whereas the rates in question should be fixed Whereas the monetary compensatory amounts to make it easier to use them, introduced by Regulation (EEC) No 1677/ 85 are fixed by Commission Regulation (EEC) No 1207/90 (5), as last amended by Regulation (EEC) No 2444/90 (4), on HAS ADOPTED THIS REGULATION : the basis of the central rates and, for certain Member States, on the basis of the exchange rates referred to in Article 1 Article 3 of Commission Regulation (EEC) No 3153 / 85 of 11 November 1985 laying down detailed rules for the The conversion rates used to fix or, where appropriate, calculation of monetary compensatory amounts (s), as to adjust the monetary compensatory amounts, as referred to in Article 3a of Regulation (EEC) No last amended by Regulation (EEC) No 3672/89 (6); 3152 / 85 , shall be as set out in the Annex hereto. Whereas, in accordance with Article 3a of Commission Regulation (EEC) No 3152/ 85 of 11 November 1985 Article 2 laying down detailed rules for the application of Regu­ lation (EEC) No 1676/85 on the value of the unit of This Regulation shall enter into force on 27 August account and the conversion rates to be applied for the 1990 .

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

Done at Brussels, 23 August 1990.

For the Commission Ray MAC SHARRY Member ofthe Commission

0) OJ No L 164, 24. 6. 1985 , p. 6. O OJ; No L 201 , 31 . 7. 1990, p. 9. (5) OJ No L 122, 14. 5. 1990, p. 1 . (4) See page 1 of this. Official Journal . O OJ No L 310, 21 . 11 . 1985, p. 1 . (s) OJ No L 310, 21 . 11 . 1985, p. 4 . (') OJ No L 220, 29. 7. 1989, p. 8 . 0) OJ No L 358 , 8 . 12. 1989, p. 28 . O OJ No L 164, 24. 6. 1985 , p. 1 .

27 . 8 . 90 Official Journal of the European Communities No L 232 /45

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 61,3546 55,2545 48,2868 Dkr 0,509804 11,3468 10,2187 8,93008 DM 0,133651 2,97471 2,67895 2,34113 FF 0,448248 9,97676 8,98483 7,85183 F1 0,150591 3,35173 3,01849 2,63785 £ Irl 0,0498895 1,11040 0,873900 £ 0,0449290 0,900574 0,787012 Lit 2 225,72 2 004,43 1 751,67 Dr 13,1909 293,5W 264,402 231,061

Esc 11,7765 262,112 236,051 206,285 Pta 8,25070 183,638 165,379 144,525