31991R1132

6 . 5 . 91 Official Journal of the European Communities No L 113 /45

COMMISSION REGULATION (EEC) No 1132/91 of 2 May 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 to Portugal and an adaptation of the agricultural COMMUNITIES, conversion rate for Portugal in the pigmeat sector in accordance with Article 6a of Regulation (EEC) No 1677/85 ; whereas, however, Commission Regulation (EEC) No 1040/91 of 25 April 1991 on monetary Having regard to the Treaty establishing the European compensatory amounts applicable depending on the Economic Community, trend in the escudo (') temporarily suspends the application of the compensatory amount in question pending confirmation of the trend in the escudo ;

Having regard to Council Regulation (EEC) No 1677/85 of 11 June 1985 on monetary compensatory Whereas, in accordance with Article 3a of Commission amounts in agriculture (*), as last amended by Regulation Regulation (EEC) No 3152/85 of 11 November 1985 (EEC) No 2205/90 (2), and in particular Article 9 (2) laying down detailed rules for the application of Regu­ thereof, lation (EEC) No 1676/85 on the value of the unit of account and the conversion rates to be applied for the purposes of the common agricultural policy (10), as last amended by Regulation (EEC) No 3237/90 ("), the rates used to fix or, where appropriate, adjust the Having regard to Commission Regulation (EEC) No monetary compensatory .amounts, from this time forth 3578 /88 of 17 November 1988 laying down detailed defined as representative market rates, are to be used for rules for the application of the system for the automatic the conversion into ecus of the amounts relating to world dismantlement of negative monetary compensatory market data and expressed in the national currency of a amounts ('), as last amended by Regulation (EEC) No Member State ; whereas, pursuant to Article 2 (4) of 287/91 (4), and in particular Article 7 thereof, Council Regulation (EEC) No 1676/85 ("), as last amended by Regulation (EEC) No 2205/90, those rates 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 (5), as last amended by Regulation (EEC) No 1131 /91 (*), on the basis of the central rates and, for certain Member HAS ADOPTED THIS REGULATION : States, on the basis of the exchange rates referred to in Article 3 of Commission Regulation (EEC) No 3153/85 of 11 November 1985 laying down detailed rules for the calculation of monetary compensatory amounts (7)> as Article 1 last amended by Regulation (EEC) No 3672/89 ('); The representative market rates referred to in Article 3a of Regulation (EEC) No 3152/85, to be applied for certain amounts in the context of the common agri­ cultural policy and used to fix or, where appropriate, to Whereas the spot market rates recorded in accordance adjust the monetary compensatory amounts, shall be set with Regulation (EEC) No 3153/85 in the period 24 to out in the Annex hereto. 30 April 1991 for the Portuguese escudo lead, pursuant to Article 9 (2) of Regulation (EEC) No 1677/85, to a change in the compensatory amounts applicable Article 2 This Regulation shall enter into force on 6 May 1991 . o OJ No L 164, 24. 6. 1985, p. 6. O OJ No L 201 , 31 . 7. 1990, p. 9. O OJ No L 312, 18 . 11 . 1988 , p. 16. (4) OJ No L 35, 7. 2. 1991 , p. 10. O OJ No L 122, 14. 5. 1990, p. 1 . O OJ No L 106, 26. 4. 1991 , p. 31 . (*) See page 1 of this Official Journal. H OJ No L 310, 21 . 11 . 1985, p. 1 . O OJ No L 310, 21 . 11 . 1985 , p. 4. (M) OJ No L 310, 9. 11 . 1990, p. 18 . (•) OJ No L 358 , 8 . 12. 1989, p. 28 . (") OJ No L 164, 24. 6. 1985, p. 1 .

No L 113 / 46 Official Journal of the European Communities 6 . 5 . 91

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

Done at Brussels, 2 May 1991 . For the Commission Ray MAC SHARRY Member ofthe Commission

ANNEX

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

100 Lit 1 £ 1 £ Irl 1 ECU

Bfrs/ Lfrs 2,75661 60,9390 55,2545 48,5563 Dkr 0,509801 11,2699 10,2186 8,97989 DM 0,133650 2,95454 2,67893 2,35418 FF 0,448246 9,90915 8,98480 7,89563 F1 0,150590 3,32901 3,01847 2,65256 £ Irl 0,0498894 1,10288 0,878776 £ 0,0452356 0,906718 0,796802 Lit 2 210,65 2 004,44 1 761,45 Dr 14,4866 320,248 290,374 255,174 Esc 11,5348 256,287 231,207 204,210 Pta 8,26223 182,649 165,611 145,535