31990R3830

31 . 12 . 90 Official Journal of the European Communities No L 369/ 51

COMMISSION REGULATION (EEC) No 3830/90 of 28 December 1990 firing the market conversion 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

THE COMMISSION OF THE EUROPEAN purposes of the common agricultural policy (7), as last COMMUNITIES, amended by Regulation (EEC) No 3237/90 ('), the rates used to fix or, where appropriate, adjust the monetary compensatory amounts, from this time forth defined as Having regard to the Treaty establishing the European market conversion rates, are to be used for the Economic Community, conversion into ecus of the amounts relating to world market data and expressed in the national currency of a Member State ; whereas, pursuant to Article 2 (4) of Having regard to Council Regulation (EEC) No Council Regulation (EEC) No 1676/85 ('), as last 1677/85 of 11 June 1985 on monetary compensatory amended by Regulation (EEC) No 2205/90, those rates amounts in agriculture ('), as last amended by Regulation are also to be used for the conversion of certain other (EEC) No 2205/90 (2), and in particular Article 12 agricultural amounts ; whereas the rates in question thereof, should be fixed to make it easier to use them ;

Whereas the measures provided for in this Regulation Whereas the monetary compensatory amounts are in accordance with the opinion of the relevant introduced by Regulation (EEC) No 1677/ 85 are fixed Management Committees, by Commission Regulation (EEC) No 1207/90 (J), as last amended by Regulation (EEC) No 3829/90 (4), on HAS ADOPTED THIS REGULATION : the basis of the central rates and, for certain Member States, on the basis of the exchange rates referred to in Article 1 Article 3 of Commission Regulation (EEC) No 3153/ 85 of 11 November 1985 laying down detailed rules for the The market conversion rates referred to in Article 3a of calculation of monetary compensatory amounts (s), as Regulation (EEC) No 3152/85, to be applied for certain last amended by Regulation (EEC) No 3672/ 89 ('); amounts in the context of the common agricultural policy and used to fix or, where appropriate, to adjust the monetary compensatory amounts, shall be set out in Whereas, in accordance with Article 3a of Commission the Annex hereto. Regulation (EEC) No 3152/ 85 of 11 November 1985 laying down detailed rules for the application of Regu­ Article 2 lation (EEC) No 1676/85 on the value of the unit of account and the conversion rates to be applied for the This Regulation shall enter into force on 1 January 1991 .

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

Done at Brussels, 28 December 1990 . For the Commission Ray MAC SHARRY Member ofthe Commission

(') OJ No L 164, 24. 6. 1985, p. 6. O OJ No L 201 , 31 . 7. 1990, p. 9. C) OJ No L 122, 14. 5. 1990, p. 1 . (4) Sec page 1 of this Official Journal. O OJ No L 310, 21 . 11 . 1985, p. 1 . (') OJ No L 310, 21 . 11 . 1985, p. 4. (•) OJ No L 310, 9. 11 . 1990, p. 18 . (*) OJ No L 358 , 8 . 12. 1989, p. 28 . O OJ No L 164, 24. 6. 1985, p. 1 .

No L 369/ 52 Official Journal of the European Communities 31 . 12 . 90

ANNEX

Market conversion rates to be applied for certain amounts in the context of the common agricultural policy and, in particular, for the calculation of die monetary compensatory amounts

100 Ut 1 £ 1 £ Irl 1 ECU

Bfrs /Lfrs 2,75661 59,7595 55,2545 48,5563 Dkr 0,509801 11,0518 10,2186 8,97989 DM 0,133650 2,89735 2,67893 2,35418 FF 0,448246 9,71736 8,98480 7,89563 Fl 0,150590 3,26458 3,01847 2,65256 £ Irl 0,0498894 1,08153 0,878776 £ 0,0461284 0,924613 0,812528 Ut 2 167,86 2 004,44 1 761,45 Dr 13,8325 299,870 277,264 243,653 Esc 11,7991 255,789 236,506 207,836 Pta 8,47154 183,652 169,807 149,222