31991R0550

t 11 . 3 . 91 Official Journal of the European Communities No L 64/ 51

COMMISSION REGULATION (EEC) No 550/91

of 7 March 1991

adjusting the agricultural conversion rates for the pigmeat sector in Portugal

THE COMMISSION OF THE EUROPEAN so as to avoid the creation of new monetary compensa­ COMMUNITIES, tory amounts ; Whereas the movement of the market rate for the Portu­ Having regard to the Treaty establishing the European Economic Community, guese escudo during the reference period 27 February to 5 March 1991 should, given the adjustment of the agri­ Having regard to Commission Regulation (EEC) No cultural conversion rate determined by Council Regula­ 3578 /88 of 17 November 1988 laying down detailed tion (EEC) No 1678/85 '(*), as last amended by Regula­ rules for the application of the system for the automatic tion (EEC) No 354/91 ('), entail, in accordance with Ar­ dismantlement of negative monetary compensatory ticle 2 of Commission Regulation (EEC) No 3153/ 85 (7), amounts ('), as last amended by Regulation (EEC) No as last amended by Regulation (EEC) No 3672/89 (*), 287/91 (z), and in particular Article 7 (1 ) thereof, an increase in the monetary difference applicable to Por­ tugal in the pigmeat sector with effect from 1 1 March Whereas Article 6a of Council Regulation (EEC) , No 1991 ; whereas in order to prevent this it is, necessary to 1677/85 of 11 June 1985 on monetary compensatory adjust the agricultural conversion rate so as to prevent amounts in agriculture (J), as last amended by Regulation the creation of these new monetary differences, having (EEC) No 2205/90 (4), lays down that the agricultural regard to the criteria in Article 7 of Regulation (EEC) conversion rates of a Member State should be adjusted No 3578 / 88 ,

HAS ADOPTED THIS REGULATION :

Article 1 In Annex X to Regulation (EEC) No 1678/85, the line relating to pigmeat is hereby replaced by the following :

Agricultural conversion rates Products ECU 1 - ECU 1 - Esc . . . Applicable until Esc . . . Applicable from

'Pigmeat 208,676 10 March 1991 205,122 11 March 1991 '

Article 2 This Regulation shall enter into force on 11 March 1991 .

This Regulation shall be binding in its entirety and directly applicable in all Member States . Done at Brussels, 7 March 1991 . For the Commission Ray MAC SHARRY Member ofthe Commission

0) OJ No L 312, 18 . 11 . 1988, p. 16. (5) OJ No L 164, 24 . 6. 1985, p. 11 . O OJ No L 35, 7. 2. 1991 , p. 10. 0) OJ No L 44, 18 . 2. 1991 , p. 48 . O OJ No L 164, 24. 6. 1985 , p. 6. O OJ No L 310, 21 . 11 . 1985, p. 4. (4) OJ No L 201 , 31 . 7. 1990, p. 9. (•) OJ No L 358 , 8 . 12 . 1989, p. 28 .