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( 1 ) OJ NO L 339 , 31 . 12 . 1979 , P . 1 .

( 2 ) OJ NO L 45 , 17 . 2 . 1977 , P . 4 .

( 3 ) OJ NO L 300 , 24 . 11 . 1977 , P . 2 .

COUNCIL REGULATION ( EEC ) NO 2116/81

OF 23 JULY 1981

AMENDING REGULATION ( EEC ) NO 316/77 CONCERNING THE APPLICATION OF AN ANTI-DUMPING DUTY ON CHAINS , FOR CYCLES AND MOTORCYCLES , ORIGINATING IN TAIWAN

THE COUNCIL OF THE EUROPEAN

COMMUNITIES ,

HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY , AND IN PARTICULAR ARTICLE 113 THEREOF ,

HAVING REGARD TO COUNCIL REGULATION ( EEC ) NO 3017/79 OF 20 DECEMBER 1979 ON PROTECTION AGAINST DUMPED OR SUBSIDIZED IMPORTS FROM COUNTRIES NOT MEMBERS OF THE EUROPEAN ECONOMIC COMMUNITY ( 1 ), AND IN PARTICULAR ARTICLE 14 THEREOF ,

HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION ,

WHEREAS A DEFINITIVE ANTI-DUMPING DUTY ON CHAINS , FOR CYCLES AND MOTOR CYCLES , ORIGINATING IN TAIWAN WAS IMPOSED BY REGULATION ( EEC ) NO 316/77 ( 2 );

WHEREAS THE AMOUNT OF THAT DUTY CORRESPONDED TO THE DIFFERENCE BETWEEN THE DECLARED VALUE OF THESE PRODUCTS AND 1.39 EUROPEAN UNITS OF ACCOUNT , CONVERTED INTO NATIONAL CURRENCIES IN ACCORDANCE WITH THE RATES ESTABLISHED IN REGULATION ( EEC ) NO 316/77 ;

WHEREAS THE CONVERSION RATES OF THE EUROPEAN UNIT OF ACCOUNT INTO THE VARIOUS NATIONAL CURRENCIES , AS ESTABLISHED IN REGULATION ( EEC ) NO 316/77 , WERE AMENDED BY REGULATION ( EEC ) NO 2571/77 ( 3 ) TO TAKE ACCOUNT OF MONETARY FLUCTUATIONS ; WHEREAS THESE CONVERSION RATES HAVE AGAIN CHANGED BECAUSE OF FURTHER MONETARY FLUCTUATIONS AND REGULATION ( EEC ) NO 316/77 SHOULD THEREFORE BE AMENDED ACCORDINGLY ;

WHEREAS THE CONVERSION RATE OF THE EUROPEAN UNIT OF ACCOUNT INTO THE GREEK NATIONAL CURRENCY DOES NOT APPEAR IN REGULATION ( EEC ) NO 316/77 ; WHEREAS , CONSEQUENT UPON THE ACCESSION OF GREECE , REGULATION ( EEC ) NO 316/77 SHOULD BE AMENDED TO TAKE ACCOUNT OF THE DRACHMA/EUROPEAN UNIT OF ACCOUNT CONVERSION RATE ,

HAS ADOPTED THIS REGULATION :

ARTICLE 1

THE RATES OF CONVERSION INTO NATIONAL CURRENCIES SET OUT IN ARTICLE 1 OF REGULATION ( EEC ) NO 316/77 ARE HEREBY REPLACED BY THE FOLLOWING :

' BELGIAN AND LUXEMBOURG FRANCS:41.5751 GERMAN MARK:2.53579 DUTCH GUILDER:2.81196 POUND STERLING:0.540172 DANISH KRONE:7.98189 GREEK DRACHMA:61.9753 FRENCH FRANC:5.98430 ITALIAN LIRA:1 263.67 IRISH POUND:0.695307 UNITED STATES DOLLAR:1.20810 ' ARTICLE 2

THIS REGULATION SHALL ENTER INTO FORCE ON THE 10TH DAY FOLLOWING ITS PUBLICATION IN THE OFFICIAL JOURNAL OF THE EUROPEAN COMMUNITIES .

THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .

DONE AT BRUSSELS , 23 JULY 1981 .

FOR THE COUNCIL

THE PRESIDENT

N . LAWSON