31992R2705

17 . 9. 92 Official Journal of the European Communities No L 273 /43

COMMISSION REGULATION (EEC) No 2705/92

of 16 September 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 (10), 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 (2), 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 2704/92 (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 relevant Article 3 of Commission Regulation (EEC) No 3153/85 management committees, of 11 November 1985 laying down detailed rules for the calculation of monetary compensatory amounts (5), as HAS ADOPTED THIS REGULATION : last amended by Regulation (EEC) No 3672/ 89 (6);

Article 1 Whereas, in accordance with Article 3 a 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 17 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, 16 September 1992 . 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. C) 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. 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 . 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 .

No L 273 /44 Official Journal of the European Communities 17 . 9 . 92

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 2,57020 58,2502 55,2545 48,5563 Dkr 0,475328 10,7727 10,2186 8,97989 DM 0,124613 2,82418 2,67893 2,35418 FF 0,417935 9,47194 8,98480 7,89563 F1 0,140407 3,18213 3,01847 2,65256 £ Irl 0,0465158 1,05422 0,878776 £ 0,0441235 0,948571 0,833581 Lit 2 266,37 2 149,81 1 889,20 Dr 15,3810 348,589 330,661 290,577 Esc 10,8278 245,397 232,776 204,558 Pta 8,01794 181,716 172,370 151,475