31991R0707

23 . 3 . 91 No L 77/29 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 707/91 of 21 March 1991 adjusting the agricultural conversion rates for the pigmeat sector in Portugal

THE COMMISSION OF THE EUROPEAN COMMUNITIES, conversion rates of a Member State should be adjusted so as to avoid the creation of new monetary compensatory amounts ; Having regard to the Treaty establishing the European Economic Community, Whereas the movement of the market rate for the Portu­ guese escudo during the reference period 13 to 19 March 1991 should, given the adjustment of the agricultural Having regard to Commission Regulation (EEC) No conversion rate determined by Council Regulation (EEC) 3578/88 of 17 November 1988 laying down detailed rules No 1678/85 (*), as last amended by Regulation (EEC) No for the application of the system for the automatic 611 /91 (6), entail, in accordance with Article 2 of dismantlement of negative monetary compensatory Commission Regulation (EEC) No 3153/85 (*), as last amounts ('), as last amended by Regulation (EEC) No amended by Regulation (EEC) No 3672/89 (8), an increase 287/91 (2), and in particular Article 7 ( 1 ) thereof, in the monetary differences applicable to Portugal in the pigmeat sector with effect from 25 March 1991 ; whereas Whereas Article 6a of Council Regulation (EEC) No in order to prevent this it is necessary to adjust the agri­ 1677/85 of 11 June 1985 on monetary compensatory cultural conversion rate so as to prevent the creation of amounts in agriculture (3), as last amended by Regulation new monetary differences, having regard to the criteria in (EEC) No 2205/90 (4), lays down that the agricultural Article 7 of Regulation (EEC) No 3578 /88 ,

HAS ADOPTED THIS REGULATION :

Article1¶

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 204,267 24 March 1991 204,550 25 March 1991 '

Article2¶

This Regulation shall enter into force on 25 March 1991 .

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

Done at Brussels, 21 March 1991 .

For the Commission Ray MAC SHARRY Member of the Commission

(') OJ No L 312, 18 . 11 . 1988, p. 16. 0 OJ No L 164, 24. 6. 1985, p. 11 . (2 OJ No L 35, 7. 2. 1991 , p. 10. (6) OJ No L 70, 18 . 3. 1991 , p. 43 . (3) OJ No L 164, 24. 6. 1985, p. 6. 0 OJ No L 310, 21 . 11 . 1985, p. 4. O OJ No L 201 , 31 . 7. 1990, p. 9 . (8) OJ No L 358 , 8 . 12. 1989, p. 28 .