31994R2699

No L 286/38 Official Journal of the European Communities 5. 11 . 94

COMMISSION REGULATION (EC) No 2699/94 of 4 November 1994 fixing, for October 1994, 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 that specific rate must be fixed each month for the previous month ; Having regard to the Treaty establishing the European Community, Whereas application of these provisions will lead to the fixing, for October, of the specific agricultural conversion Having regard to Council Regulation (EEC) No 1785/81 rate for the amount of the reimbursement of storage costs of 30 June 1981 on the common organization of the in the various national currencies as indicated in the markets in the sugar sector ('), as last amended by Regula­ Annex to this Regulation, tion (EC) No 133/94 (2), Having regard to Council Regulation (EEC) No 3813/92 of 28 December 1992 on the unit of account and the HAS ADOPTED THIS REGULATION : conversion rates to be applied for the purposes of the common agricultural policy (3), as amended by Regulation Article 1 (EC) No 3528 /93 (4), The specific agricultural conversion rate to be used to Having regard to Commission Regulation (EEC) No 1713/93 of 30 June 1993 establishing special detailed convert the amount of the reimbursement of storage costs rules for applying the agricultural conversion rate in the referred to in Article 8 of Regulation (EEC) No 1785/81 into each of the national currencies for October 1994 sugar sector (*), as amended by Regulation (EEC) shall be as indicated in the Annex hereto. No 2627/93 (6), and in particular Article 1 (3) thereof, Whereas Article 1 (2) of Regulation (EEC) No 1713/93 Article 2 provides that the amount of the reimbursement of storage costs referred to in Article 8 of Regulation (EEC) This Regulation shall enter into force on the day of its No 1785/81 is to be converted into national currency publication in the Official Journal of the European using a specific agricultural conversion rate equal to the Communities. average, calculated pro rata temporis, of the agricultural conversion rates applicable during the month of storage ; It shall apply with effect from 1 October 1994.

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

Done at Brussels, 4 November 1994.

For the Commission Rene STEICHEN Member of the Commission

0 OJ No L 177, 1 . 7. 1981 , p. 4. (2) OJ No L 22, 27. 1 . 1994, p. 7. (3) OJ No L 387, 31 . 12. 1992, p. 1 . (4) OJ No L 320, 22. 12. 1993, p. 32. (0 OJ No L 159, 1 . 7. 1993, p. 94. («) OJ No L 240, 25. 9 . 1993, p . 19 .

5 . 11 . 94 Official Journal of the European Communities No L 286/39

ANNEX

fixing , for October 1994 , the specific agricultural conversion rate for the amount of the reimbursement of storage costs in the sugar sector

Agricultural conversion rates

ECU 1 = 49,3070 Belgian and Luxembourg francs 9,34812 Danish kroner 2,35418 German marks 7,98191 French francs 0,976426 Irish punt 2,65256 Dutch guilders 349,469 Greek drachmas 192,319 Spanish pesetas 2 339,97 Italian lire 239,331 Portuguese escudos 0,953575 Pound sterling