31991R2197

No L 207 /42 Official Journal of the European Communities 29 . 7 . 91

COMMISSION REGULATION (EEC) No 2197/91 of 25 July 1991 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

THE COMMISSION OF THE EUROPEAN used to fix or, where appropriate, adjust the monetary COMMUNITIES, compensatory amounts, from this time forth defined as representative market rates, are to be used for the Having regard to the Treaty establishing the European conversion into ecus of the amounts relating to world Economic Community, market data and expressed in the national currency of a Having regard to Council Regulation (EEC) No Member State ; whereas, pursuant to Article 2 (4) of 1677/ 85 of 11 June 1985 on monetary compensatory Council Regulation (EEC) No 1676/ 85 ('), as last amounts in agriculture ('), as last amended by Regulation amended by Regulation (EEC) No 2205 /90, those rates are also to be used for the conversion of certain other (EEC) No 2205 /90 (2), and in particular Article 9 (2) thereof, agricultural amounts ; whereas the rates in question should be fixed to make it easier to use them, Whereas the monetary compensatory amounts introduced by Regulation (EEC) No 1677/ 85 were fixed by Commission Regulation (EEC) No 1641 /91 (s), as HAS ADOPTED THIS REGULATION : last amended by Regulation (EEC) No 2196/91 (4), on 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 representative market rates referred to in Article 3a calculation of monetary compensatory amounts (s), as of Regulation (EEC) No 3152/85 , to be applied for last amended by Regulation (EEC) No 3672/89 (6); certain amounts in the context of the common agri­ cultural policy and used to fix or, where appropriate, to Whereas, in accordance with Article 3 a of Commission adjust the monetary compensatory amounts, are set out Regulation (EEC) No 3152/ 85 of 11 November 1985 in the Annex hereto . laying down detailed rules for the application of Regu­ lation (EEC) No 1676/85 on the value of the unit of account and the conversion rates to be applied for the Article 2 purposes of the common agricultural policy (7), as last amended by Regulation (EEC) No 3237/90 (®), the rates This Regulation shall enter into force on 29 July 1991 .

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

Done at Brussels, 25 July 1991 . For the Commission Ray MAC SHARRY Member ofthe Commission

') OJ No L 164, 24 . 6 . 1985 , p. 6 . l) OJ No L 201 , 31 . 7 . 1990, p. 9 . J) OJ No L 153, 17 . 6 . 1991 , p. 1 . 4) See page 1 of this Official Journal , ') OJ No L 310, 21 . 11 . 1985 , p . 4. ') OJ No L 358 , 8 . 12 . 1989 , p. 28 . ') OJ No L 310, 21 . 11 . 1985, p . 1 . ') OJ No L 310, 9 . 11 . 1990, p. 18 . O OJ No L 164, 24 . 6. 1985, p. 1 .

29 . 7 . 91 Official Journal of the European Communities No L 207/43

ANNEX

Representative market rates to be applied for certain amounts in the context of the common agricul­ tural policy and, in particular, for the calculation of the monetary compensatory amounts

100 Lit 1 £ 1 £ Irl 1 ECU

Bfrs/Lfrs 2,75661 60,5140 55,2545 48,5563 Dkr 0,509801 11,1913 . 10,2186 8,97989 DM 0,133650 2,93393 2,67893 2,35418 FF 0,448246 9,84004 8,98480 7,89563 F1 0,150590 3,30579 3,01847 2,65256 £ Irl — 0,878776 0,0498894 1,09519 £ — 0,802398 0,0455533 0,913086 Lit — 2 195,23 2 004,44 1 761,45 Dr 14,6126 ' 320,781 292,901 257,394 Esc 11,5315 253,144 231,142 203,122 Pta 8,37991 183,959 167,970 147,608