31992R0088

20 . 1 . 92 Official Journal of the European Communities No L 13 / 39

COMMISSION REGULATION (EEC) No 88/92

of 16 January 1992

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 (9), as last amended by Regulation (EEC) No lation (EEC) No 2205/90 (2), and in particular Article 9 3137/91 (10), those rates are to be the agricultural 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 (3), as conversion of certain other agricultural amounts ; last amended by Regulation (EEC) No 87/92 (4), on the whereas the rates in question should be fixed to make it basis of the central rates and, for certain Member States, easier to use them, on the basis of the exchange rates referred to in Article 3 of Commission Regulation (EEC) No 3153/ 85 of 11 HAS ADOPTED THIS REGULATION : November 1985 laying down detailed rules for the calcu­ lation of monetary compensatory amounts (5), as last Article 1 amended by Regulation (EEC) No 3672/89 (6); The representative market rates referred to in Article 3 a Whereas, in accordance with Article 3 a 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 (8), 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 20 January defined as representative market rates, are to be used for 1992 .

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

Done at Brussels, 16 January 1992 . For the Commission Ray MAC SHARRY Member ofthe Commission

') OJ No L 164, 24. 6. 1985, p. 6 . J) OJ No L 201 , 31 . 7 . 1990, p. 9. J) OJ No L 153, 17. 6 . 1991 , p. 1 . 4) See page 1 of this Official Journal. 5) OJ No L 310, 21 . 11 . 1985 , p. 4 . 4) OJ No L 358 , 8 . 12 . 1989, p. 28 . O OJ No L 312, 18 . 11 . 1988 , p. 16. ') 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 . O OJ No L 164, 24 . 6. 1985 , p. 1 .

No L 13/ 40 Official Journal of the European Communities 20 . 1 . 92

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 59,5012 55,2545 48,5563 Dkr 0,509801 11,0040 10,2186 8,97989 DM 0,133650 2,88483 2,67893 2,35418 FF 0,448246 9,67535 8,98480 7,89563 F1 0,150590 3,25046 3,01847 2,65256 £ Irl 0,0498894 1,07686 0,878776 £ 0,0463287 0,928628 0,816056 Lit 2 158,49 2 004,44 1 761,45 Dr 15,1901 327,877 304,476 267,566 Esc 11,5059 248,353 230,628 202,670 Pta 8,47802 182,997 169,936 149,336