31991R0474

4 . 3 . 91 Official Journal of the European Communities No L 57 / 49

COMMISSION REGULATION (EEC) No 474/91 of 28 February 1991 fixing the representative market rates to be applied for certain amounts in the context of the common agricultural policy and, in particular, for the calculation of the monetary compensatory amounts

THE COMMISSION OF THE EUROPEAN amended by Regulation (EEC) No 3237/90 (*), the rates COMMUNITIES, used to fix or, where appropriate, adjust the monetary compensatory amounts, from this time forth defined as Having regard to the Treaty establishing the European representative market rates, are to be used for the Economic Community, conversion into ecus of the amounts relating to world Having regard to Council Regulation (EEC) No market data and expressed in the national currency of a 1677/85 of 11 June 1985 on monetary compensatory Member State ; whereas, pursuant to Article 2 (4) of amounts in agriculture ('), as last amended by Regulation Council Regulation (EEC) No 1676/85 ('), as last (EEC) No 2205/90 (2), and in particular Article 9 (2) amended by Regulation (EEC) No 2205 /90, those rates thereof, are also to be used for the conversion of certain other agricultural amounts ; whereas the rates in question Whereas the monetary compensatory amounts should be fixed to make it easier to use them, introduced by Regulation (EEC) No 1677/ 85 were fixed by Commission Regulation (EEC) No 1207/90 (J), as last amended by Regulation (EEC) No 473/91 (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 The representative market rates referred to in Article 3a of 11 November 1985 laying down detailed rules for the calculation of monetary compensatory amounts (5), as of Regulation (EEC) No 3152/ 85, to be applied for certain amounts in the context of the common agri­ last amended by Regulation (EEC) No 3672/ 89 (6); cultural policy and used to fix or, where appropriate, to Whereas, in accordance with Article 3a of Commission adjust the monetary compensatory amounts, shall be set Regulation (EEC) No 3152/85 of 11 November 1985 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 (7), as last This Regulation shall enter into force on 4 March 1991 .

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

Done at Brussels, 28 February 1991 . For the Commission Ray MAC SHARRY Member ofthe Commission

l) OJ No L 164, 24. 6 . 1985, p. 6. J) OJ No L 201 , 31 . 7 . 1990, p. 9. J) OJ No L 122 , 14. 5 . 1990, p. 1 . 4) See page 1 of this Official Journal. s) OJ No L 310, 21 . 11 . 1985, p. 4. *) OJ No L 358 , 8 . 12 . 1989, p. 28 . (•) OJ No L 310, 9. 11 . 1990, p. 18 . 7) OJ No L 310, 21 . 11 . 1985, p. 1 . (') OJ No L 164, 24. 6. 1985, p. 1 .

No L 57 / 50 Official Journal of the European Communities 4 . 3 . 91

ANNEX

Representative market rates to be applied for certain amounts in the context of the common agricul­ tural policy and, in particular, for the calculation of the monetary compensatory amounts

100 Lit 1 £ 1 £ Irl 1 ECU

Bfrs /Lfrs 2,75661 60,5688 55,2545 48,5563 Dkr 0,509801 11,2015 10,2186 8,97989 DM 0,133650 2,93659 2,67893 2,35418 FF 0,448246 9,84895 8,98480 7,89563 F1 0,150590 3,30878 3,01847 2,65256 £ Irl 1,09618 — 0,878776 0,0498894 £ — 0,801672 0,0455121 0,912260 Lit — 2 197,22 2 004,44 1 761,45 Dr 14,3005 314,215 286,645 251,897 Esc 11,7992 259,254 236,507 207,837 Pta 8,36209 183,733 167,613 147,294