31992R2735

No L 277/ 18 Official Journal of the European Communities 22. 9. 92

COMMISSION REGULATION (EEC) No 2735/92 of 21 September 1992 fixing the correcting factor and the coefficient reducing agricultural prices provided for in Article 6 of Council Regulation (EEC) No 1677/85 on monetary compensatory amounts in agriculture

THE COMMISSION OF THE EUROPEAN COMMUNITIES, Whereas the measures provided for in this Regulation are in accordance with the opinion of the relevant manage­ Having regard to the Treaty establishing the European ment committees, Economic Community, Having regard to Council Regulation (EEC) No 1677/85 HAS ADOPTED THIS REGULATION : of 11 June 1985 on monetary compensatory amounts in agriculture (5), as last amended by Regulation (EEC) No 2205/90 (2), and in particular Article 6 ( 1 ) and Article 1 Article 12 thereof, The correcting factor provided for in Article 6 ( 1 ) of Whereas, as a result of the monetary realigment of Regulation (EEC) No 1677/85 is hereby fixed at 1,157346. 13 September 1992, the correcting factor provided for in Article 6 (1 ) of Regulation (EEC) No 1677/85 must be Article 2 altered ; Whereas the coefficient reducing agricultural prices The coefficient provided for in Article 5 of Regulation provided for in Article 6 (4) of Regulation (EEC) (EEC) No 3578/88 is hereby fixed at 1,002650. No 1677/85 must be fixed in accordance with Article 5 (2) of Commission Regulation (EEC) No 3578/88 of Article 3 17 November 1988 laying down detailed rules for the Regulation (EEC) No 2693/92 is hereby repealed. application of the system for the automatic dismantle­ ment of negative monetary compensatory amounts (3), as Article 4 last amended by Regulation (EEC) No 3137/91 (4) ; Whereas the correcting factor and the coefficient redu­ This Regulation shall enter into force on the day of its cing agricultural prices were fixed by Commission Regu­ publication in the Official Journal of the European lation (EEC) No 2693/92(0 ; Communities.

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

Done at Brussels, 21 September 1992.

For the Commission Ray MAC SHARRY Member of the Commission

(') OJ No L 164, 24. 6. 1985, p. 6. (2) OJ No L 201 , 31 . 7. 1990, p. 9. 0 OJ No L 312, 18 . 11 . 1988 , p. 16. 0 OJ No L 297, 29 . 10. 1991 , p. 17. 0 OJ No L 272, 17. 9. 1992, p. 41 .