31991R2921

7 . 10 . 91 Official Journal of the European Communities No L 279 / 41

COMMISSION REGULATION (EEC) No 2921 /91 of 4 October 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 COMMUNITIES, rates used to fix or, where appropriate, adjust the monetary compensatory amounts, from this time forth Having regard to the Treaty establishing the European defined as representative market rates, are to be used for Economic Community, the conversion into ecus of the amounts relating to world market data and expressed in the national currency of a Having regard to Council Regulation (EEC) No Member State ; whereas, pursuant to Article 2 (4) of 1677/85 of 11 June 1985 on monetary compensatory Council Regulation (EEC) No 1676/ 85 (*), as last amounts in agriculture (*), as last amended by Regu­ amended by Regulation (EEC) No 2205/90, those rates lation (EEC) No 2205/90 (2), and in particular are also to be used for the conversion of certain other Article 9 (2) thereof, 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 HAS ADOPTED THIS REGULATION : by Commission Regulation (EEC) No 1641 /91 (3), as last amended by Regulation (EEC) No 2920/91 (4), on Article 1 the basis of the central rates and, for certain Member States, on the basis of the exchange rates referred to in The representative market rates referred to in Article 3a Article 3 of Commission Regulation (EEC) No 3153/ 85 of Regulation (EEC) No 3152/ 85 , to be applied for of 11 November 1985 laying down detailed rules for the calculation of monetary compensatory amounts (5), as certain amounts in the context of the common agri­ last amended by Regulation (EEC) No 3672/89 (*); cultural policy and used to fix or, where appropriate, to adjust the monetary compensatory amounts, are set out Whereas, in accordance with Article 3 a of Commission in the Annex hereto. Regulation (EEC) No 3152/ 85 of 11 November 1985 laying down detailed rules for the application of Regu­ Article 2 lation (EEC) No 1676/ 85 on the value of the unit of account and the conversion rates to be applied for the This Regulation shall enter into force on 7 October purposes of the common agricultural policy (7), as last 1991 .

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

Done at Brussels, 4 October 1991 .

For the Commission Ray MAC SHARRY Member ofthe Commission

o OJ No L 164, 24. 6. 1985, p. 6. O OJ No L 201 , 31 . 7. 1990, p. 9. O OJ No L 153 , 17 . 6. 1991 , p. 1 . (4) See page 1 of this Official Journal. O 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 . (') JO No L 310, 21 . 11 . 1985, p. 1 . O OJ No L 164, 24 . 6. 1985, p. 1 .

No L 279/42 Official Journal of the European \Communities 7 . 10 . 91

ANNEX

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

100 lit 1 £ 1 £ Irl 1 ECU

Bfrs/Lfrs 2,75661 60,5140 . 55,2545 48,5563 Dkr 0,509801 11,1913 10,2186 8,97989 DM 0,133650 2,93393 2,67893 2,35418 FF 0,448246 9,84004 8,98480 7,89563 F1 0,150590 3,30579 3,01847 2,65256 £ Irl 0,0498894 1,09519 — 0,878776 £ 0,0455533 — 0,913086 0,802398 Lit — 2 195,23 2 004,44 1 761,45 Dr 14,7377 323,526 295,407 259,597 Esc 11,5315 253,144 231,142 203,122 Pta 8,42334 184,912 168,841 148,373