31993R2534

No L 232/26 Official Journal of the European Communities 15. 9 . 93

COMMISSION REGULATION (EEC) No 2534/93 of 14 September 1993 fixing, for August 1993, the specific agricultural conversion rate for the amount of the reimbursement of storage costs in the sugar sector

THE COMMISSION OF THE EUROPEAN COMMUNITIES, Whereas application of these provisions will lead to the fixing, for August 1993, of the specific agricultural Having regard to the Treaty establishing the European conversion rate for the amount of the reimbursement of Economic Community, storage costs in the various national currencies as indi­ Having regard to Council Regulation (EEC) No 1785/81 cated in the Annex to this Regulation, of 30 June 1981 on the common organization of the markets in the sugar sector ('), as last amended by Regula­ tion (EEC) No 1548/93 (2), HAS ADOPTED THIS REGULATION : Having regard to Council Regulation (EEC) No 3813/92 of 28 December 1992 on the unit of account and the conversion rates to be applied for the purposes of the Article 1 common agricultural policy (2), The specific agricultural conversion rate to be used to Having regard to Commission Regulation (EEC) convert the amount of the reimbursement of storage costs No 1713/93 of 30 June 1993 establishing special detailed referred to in Article 8 of Regulation (EEC) No 1785/81 rules for applying the agricultural conversion rate in the into each of the national currencies for August 1993 shall sugar sector (4), and in particular Article 1 (3) thereof, be as indicated in the Annex hereto. Whereas Article 1 (2) of Regulation (EEC) No 1713/93 provides that the amount of the reimbursement of storage costs referred to in Article 8 of Regulation (EEC) Article 2 No 1785/81 is to be converted into national currency using a specific agricultural conversion rate equal to the This Regulation shall enter into force on the day of its average, calculated pro rata temporis, of the agricultural publication in the Official Journal of the European conversion rates applicable during the month of storage ; Communities. whereas that specific rate must be fixed each month for the previous month ; It shall apply with effect from 1 August 1993.

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

Done at Brussels, 14 September 1993 .

For the Commission Rene STEICHEN Member of the Commission

(') OJ No L 177, 1 . 7. 1981 , p. 4. 0 OJ No L 154, 25. 6. 1993 , p. 10. (3) OJ No L 387, 31 . 12. 1992, p. 1 . (4) OJ No L 159, 1 . 7. 1993, p. 94.

15. 9. 93 Official Journal of the European Communities No L 232/27

ANNEX

fixing, for August 1993, the specific agricultural conversion rate for the amount of the reimbursement of storage costs in the sugar sector

Agricultural conversion rates

ECU 1 = 48,5563 Belgian and Luxembourg francs 9,18962 Danish kroner 2,35418 German marks 7,94579 French francs 0,976426 Irish punt 2,65526 Dutch guilders 319,060 Greek drachmas 190,382 Spanish pesetas 2 166,58 Italian lire 236,933 Portuguese escudos 0,920969 Pound sterling