31991R3447

2 . 12 . 91 Official Journal of the European Communities No L 329/41

COMMISSION REGULATION (EEC) No 3447/91 of 28 November 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 the conversion into ecus of the amounts relating to world COMMUNITIES, market data and expressed in the national currency of a Member State ; whereas, pursuant to Article 6a of Regu­ Having regard to the Treaty establishing the European lation (EEC) No 1677/85 and without prejudice to Economic Community, Article 7 (2) of Commission Regulation (EEC) No 3578/88 of 17 November 1988 laying down detailed Having regard to Council Regulation (EEC) No rules for the application of the system for the automatic 1677/85 of 11 June 1985 on monetary compensatory dismantlement of negative monetary compensatory amounts in agriculture (*), as last amended by Regu­ amounts ('), as last amended by Regulation (EEC) No lation (EEC) No 2205/90 (*), and in particular 3137/91 (10), those rates are to be the agricultural Article 9 thereof, ' conversion rates applying to pigmeat; whereas, pursuant to Article 2 (4) of Council Regulation (EEC) No Whereas the monetary compensatory amounts 1676/85 ("), as last amended by Regulation (EEC) No introduced by Regulation (EEC) No 1677/85 were fixed 2205/90, those rates are also to be used for the by Commission Regulation (EEC) No 1641 /91 (J), as conversion of certain other agricultural amounts ; last amended by Regulation (EEC) No 3446/91 (4), on whereas the rates in question should be fixed to make it the basis of the central rates and, for certain Member easier to use them, States, on the basis of the exchange rates referred to in Article 3 of Commission Regulation (EEC) No 3153/85 HAS ADOPTED THIS REGULATION : of 11 November 1985 laying down detailed rules for the calculation of monetary compensatory amounts ('), as Article 1 last amended by Regulation (EEC) No 3672/89 (*); The representative market rates referred to in Article 3a Whereas, in accordance with Article 3a of Commission of Regulation (EEC) No 3152/85, to be applied for Regulation (EEC) No 3152/85 of 11 November 1985 certain amounts in the context of the common agri­ laying down detailed rules for the application of Regu­ cultural policy and used to fix or, where appropriate, to lation (EEC) No 1676/85 on the value of the unit of adjust the monetary compensatory amounts, are set out account and the conversion rates to be applied for the in the Annex hereto. purposes of the common agricultural policy (7), as last amended by Regulation (EEC) No 3237/90 (*), the Article 2 rates used to fix or, where appropriate, adjust the monetary compensatory amounts, from this time forth This Regulation shall enter into force on 2 December defined as representative market rates, are to be used for 1991 .

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

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

C) OJ No L 164, 24. 6 . 1985, p. 6. (2) OJ No L 201 , 31 . 7. 1990, p. 9. C) OJ No L 153, 17. 6. 1991 , p. 1 . (4) See page 1 of this Official Journal. (') OJ No L 310, 21 . 11 . 1985, p. 4. 0) OJ No L 358 , 8 . 12 . 1989, p. 28 . O OJ No L 312, 18 . 11 . 1988 , p. 16. O OJ No L 310, 21 . 11 . 1985 , p. 1 . O OJ No L 297, 29. 10. 1991 , p. 17. (•) OJ No L 310, 9. 11 . 1990, p. 18 . (") OJ No L 164, 24. 6. 1985, p. 1 .

No L 329/42 Official Journal of the European Communities 2 . 12 . 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 59,5524 55,2545 48,5563 Dkr 0,509801 11,0135 10,2186 8,97989 DM 0,133650 2,88731 2,67893 2,35418 FF 0,448246 9,68368 8,98480 7,89563 F1 0,150590 3,25326 3,01847 2,65256 £ Irl 0,0498894 1,07778 — 0,878776 £ — 0,0462888 0,927829 0,815354 Lit — 2 160,35 2 004,44 1 761,45 Dr 15,0387 324,888 301,441 264,899 Esc 11,6786 252,299 234,090 205,713 Pta 8,37401 180,908 167,852 147,504