31992R3653
21 . 12 . 92 Official Journal of the European Communities No L 372/45
COMMISSION REGULATION (EEC) No 3653/92
of 17 December 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 Spain and Italy
THE COMMISSION OF THE EUROPEAN market data and expressed in the national currency of a COMMUNITIES, Member State; whereas, pursuant to Article 6a of Regu 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 dismantlement of negative monetary compensatory Economic Community, amounts ('), as last amended by Regulation (EEC) No 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 Having regard to Council Regulation (EEC) No 1676/85 ("), as last amended by 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 (*), as last amended by Regu lation (EEC) No 2205 /90 (2), and in particular whereas the rates in question should be fixed to make it 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 (*), as last amended by Regulation (EEC) No 3652/92 (4), on the basis of the central rates and, for certain Member Article 1 States, on the basis of the exchange rates referred to in Article 3 of Commission Regulation (EEC) No 3153/85 The representative market rates referred to in Article 3a of 11 November 1985 laying down detailed rules for the of Regulation (EEC) No 3152/ 85, to be applied for calculation of monetary compensatory amounts ('), as certain amounts in the context of the common agri last amended by Regulation (EEC) No 3672/89 (4); cultural policy and used to fix or, where appropriate, to adjust the monetary compensatory amounts, are set out in the Annex hereto .
Whereas, in accordance with Article 3a of Commission Regulation (EEC) No 3152/85 of 11 November 1985 Article 2 laying down detailed rules for the application of Regu lation (EEC) No 1676/85 on the value of the unit of The agricultural conversion rates for the pigmeat sector account and the conversion rates to be applied for the is fixed : purposes of the common agricultural policy (7), as last amended by Regulation (EEC) No 3237/90 ("), the — in Spain at ECU 1 = Ptas 166,185, rates used to fix or, where appropriate, adjust the — in Italy at ECU 1 = Lit 2 040,84. 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
O OJ No L 164, 24. 6. 1985, p. 6. Article 3 O OJ No L 201 , 31 . 7 . 1990, p. 9. This Regulation shall enter into force on 21 December C) OJ No L 153, 17. 6. 1991 , p. 1 . 1992 . (4) See page 1 of this Official Journal. C) OJ No L 310, 21 . 11 . 1985 , p. 4. C) 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 . O 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 372/46 Official Journal of the European Communities 21 . 12 . 92
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 17 December 1992 . For the Commission Ray MAC SHARRY Member ofthe Commission
21 . 12 . 92 Official Journal of the European Communities No L 372/47
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 2,34886 50,9602 55,2545 48,5563 Dkr 0,434392 9,42446 10,2186 8,97989 DM 0,113881 2,47073 2,67893 2,35418 FF 0,381943 8,28652 8,98480 7,89563 F1 0,128315 2,78388 3,01847 2,65256 £ Irl 0,0425098 0,922282 — 0,878776 £ 0,0460920 — 1,08427 0,952828 Lit — 2 169,57 2 352,40 2 067,23 Dr 14,9101 323,485 350,745 308,226 Esc 10,1354 219,896 238,426 209,523 Pta 8,08739 175,462 190,248 167,185