31992R2983

19 . 10 . 92 Official Journal of the European Communities No L 303 /49

COMMISSION REGULATION (EEC) No 2983/92 of 15 October 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 and the agricultural conversion rates for the pigmeat sector in Italy and the United Kingdom

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 3578/88 of 17 November 1988 laying down detailed rules for the application of the system for the automatic Having regard to the Treaty establishing the European dismandement of negative monetary compensatory amounts ('), as last amended by Regulation (EEC) No Economic Community, 3137/91 (10), those rates are to be the agricultural conversion rates applying to pigmeat ; whereas, pursuant to Article 2 (4) of Council Regulation (EEC) No 1676/85 ("), as last amended by Regulation (EEC) No Having regard to Council Regulation (EEC) No 2205/90, those rates are also to be used for the 1677/85 of 11 June 1985 on monetary compensatory conversion of certain other agricultural amounts ; amounts in agriculture (l), as last amended by Regu­ whereas the rates in question should be fixed to make it lation (EEC) No 2205/90 (2), and in particular easier to use them, Article 9 (2) thereof,

HAS ADOPTED THIS REGULATION : Whereas the monetary compensatory amounts introduced by Regulation (EEC) No 1677/ 85 were fixed by Commission Regulation (EEC) No 1641 /91 (J), as Article 1 last amended by Regulation (EEC) No 2982/92 (4), on the basis of the central rates and, for certain Member The representative market rates referred to in Article 3a States, on the basis of the exchange rates referred to in of Regulation (EEC) No 3152/85, to be applied for Article 3 of Commission Regulation (EEC) No 3153/85 certain amounts in the context of the common agri­ of 11 November 1985 laying down detailed rules for the cultural polity and used to fix or, where appropriate, to calculation of monetary compensatory amounts (')> as adjust the monetary compensatory amounts, are set out last amended by Regulation (EEC) No 3672/89 ('); in the Annex hereto.

Whereas, in accordance with Article 3a of Commission Article 2 Regulation (EEC) No 3152/85 of 11 November 1985 The agricultural conversion rates for the pigmeat sector laying down detailed rules for the application of Regu­ is fixed : lation (EEC) No 1676/85 on the value of the unit of account and the conversion rates to be applied for the — in Italy at ECU 1 = 1 931,48 Italian lira, purposes of the common agricultural policy (')> as last — in the United Kingdom at ECU 1 « 0,874575 pound amended by Regulation (EEC) No 3237/90 (•), the sterling. rates used to fix or, where appropriate, adjust the monetary compensatory amounts, from this time forth defined as representative market rates, are to be used for the conversion into ecus of the amounts relating to world Article 3 market data and expressed in the national currency of a This Regulation shall enter into force on 19 October 1992 . o oj No L 164, 24. 6. 1985„ p. 6. O OJ No L 201 , 31 . 7. 1990, p. 9. O OJ No L 153, 17. 6 . 1991 , p. 1 . (4) See page 1 of this Official Journal. 0) OJ No L 310, 21 . 11 . 1985, p. 4. (') OJ No L 358 , 8 . 12 . 1989, p. 28 . C) OJ No L 312, 18 . 11 . 1988 , p. 16. O OJ No L 310, 21 . 11 . 1985, p. 1 . (10) 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 303 /50 Official Journal of the European Communities 19 . 10 . 92

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

Done at Brussels, 15 October 1992. For the Commission Ray MAC SHARRY Member ofthe Commission

19 . 10 . 92 Official Journal of the European Communities No L 303/51

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 2,38384 53,3150 55,2545 48,5563 Dkr 0,440863 9,85996 10,2186 8,97989 DM 0,115577 2,58490 2,67893 2,35418 FF 0,387632 8,66944 8,98480 7,89563 F1 0,130226 2,91252 3,01847 2,65256 £ Irl 0,0431430 0,964900 — 0,878776 £ 0,0447124 — 1,03638 0,910743 Lit — 2 236,51 2 317,87 2 036,89 Dr 14,4976 324,242 336,037 295,301 Esc 10,0275 224,267 232,426 204,250 Pta 7,97868 178,444 184,936 162,517