31992R2503

No L 255 /44 Official Journal of the European Communities 1 . 9 . 92

COMMISSION REGULATION (EEC) No 2503/92

of 28 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 Member State ; whereas, pursuant to Article 6a of Regu­ COMMUNITIES, lation (EEC) No 1677/85 and without prejudice to Article 7 (2) of Commission Regulation (EEC) No Having regard to the Treaty establishing the European 3578 / 88 of 17 November 1988 laying down detailed Economic Community, rules for the application of the system for the automatic dismantlement of negative monetary compensatory Having regard to Council Regulation (EEC) No amounts ('), as last amended by Regulation (EEC) No 1677/85 of 11 June 1985 on monetary compensatory 3137/91 (l0), those rates are to be the agricultural amounts in agriculture (*), as last amended by Regu­ conversion rates applying to pigmeat ; whereas, pursuant lation (EEC) No 2205/90 (*), and in particular to Article 2 (4) of Council Regulation (EEC) No Article 9 ( 1 ) thereof, 1676/85 ("), as last amended by Regulation (EEC) No 2205/90 , those rates are also to be used for the Whereas the monetary compensatory amounts conversion of certain other agricultural amounts ; introduced by Regulation (EEC) No 1677/ 85 were fixed whereas the rates in question should be fixed to make it by Commission Regulation (EEC) No 1641 /91 (J), as easier to use them ; last amended by Regulation (EEC) No 2502/92 (4), on the basis of the central rates and, for certain Member Whereas the measures provided for in this Regulation States, on the basis of the exchange rates referred to in are in accordance with the opinion of the Management Article 3 of Commission Regulation (EEC) No 3153/85 Committee for Wine, of 11 November 1985 laying down detailed rules for the calculation of monetary compensatory amounts (s), as HAS ADOPTED THIS REGULATION : last amended by Regulation (EEC) No 3672/ 89 (6);

Article 1 Whereas, in accordance with Article 3a of Commission Regulation (EEC) No 3152/ 85 of 11 November 1985 The representative market rates referred to in Article 3a laying down detailed rules for the application of Regu­ of Regulation (EEC) No 3152/85 , to be applied for lation (EEC) No 1676/ 85 on the value of the unit of certain amounts in the context of the common agri­ account and the conversion rates to be applied for the cultural policy and used to fix or, where appropriate, to purposes of the common agricultural policy (7), as last adjust the monetary compensatory amounts, are set out amended by Regulation (EEC) No 3237/90 (*), the in the Annex hereto. rates used to fix or, where appropriate, adjust the monetary compensatory amounts, from this time forth Article 2 defined as representative market rates, are to be used for the conversion into" ecus of the amounts relating to world This Regulation shall enter into force on 1 September market data and expressed in the national currency of a 1992 .

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

Done at Brussels, 28 August 1992 . ^ For the Commission Ray MAC SHARRY Member ofthe Commission

>) OJ No L 164 , 24. 6 . 1985, p. 6. *) 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. s) OJ No L 310 , 21 . 11 . 1985 , p . 4. ') OJ No L 358 , 8 . 12 . 1989, p. 28 . O OJ No L 312, 18 . 11 . 1988 , p. 16. 7) OJ No L 310 , 21 . 11 . 1985, p. 1 . H 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 .

1 . 9 . 92 Official Journal of the European Communities No L 255/45

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 58,8580 55,2545 48,5563 Dkr 0,509801 10,8851 10,2186 8,97989 DM 0,133650 2,85364 2,67893 2,35418 FF 0,448246 9,57077 8,98480 7,89563 F1 0,150590 3,21533 3,01847 2,65256 £ Irl 0,0498894 1,06522 — 0,878776 £ 0,0468349 — 0,938775 0,824973 Lit — 2 135,16 2 004,44 1 761,45 Dr 16,3666 349,453 328,057 288,289 Esc 11,5483 246,575 231,479 203,418 Pta 8,47660 180,989 169,908 149,311