31992R2304

No L 226 /38 Official Journal of the European Communities 10 . 8 . 92

COMMISSION REGULATION (EEC) No 2304/92

of 6 August 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 ('), as last amended by Regulation (EEC) No lation (EEC) No 2205/90 (2), and in particular 3137/91 (l0), those rates are to be the agricultural Articles 9 and 6a 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 (}), as conversion of certain other agricultural amounts ; last amended by Regulation (EEC) No 2303/92 (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 (s), as Article 1 last amended by Regulation (EEC) No 3672/ 89 (6); 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 10 August 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, 6 August 1992. For the Commission Ray MAC SHARRY Member ofthe Commission

o ÓJ No L 164, 24. 6. 1985, p. 6. O OJ No L 201 , 31 . 7 . 1990, p. 9. (3) 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. 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 . (,0) OJ No L 297, 29. 10 . 1991 , p. 17. O OJ No L 310, 9 . 11 . 1990, p. 18 . (") OJ No L 164, 24. 6 . 1985 , p. 1 .

10 . 8 . 92 Official Journal of the European Communities No L 226/39

ANNEX

Conversion rates used for the calculation of monetary compensatory amounts and to be applied for certain amounts in the agricultural sector

100 Lit 1 £ 1 £ Irl 1 ECU

Bfrs/Lfrs 2,75661 59,4497 55,2545 48,5563 Dkr 0,509801 10,9945 10,2186 8,97989 DM 0,133650 2,88233 2,67893 2,35418 FF 0,448246 9,66698 8,98480 7,89563 F1 0,150590 3,24765 3,01847 2,65256 £ Irl 0,0498894 1,07593 — 0,878776 £ 0,0463688 — 0,929433 0,816763 Lit — 2 156,62 2 004,44 1 761,45 Dr 16,1971 349,311 324,661 285,304 Esc 11,2446 242,504 225,391 198,068 Pta 8,44747 182,180 169,324 148,798