COUNCIL REGULATION (EEC) N° 1678/85

of 11 June 1985

fixing the conversion rates to be applied in agriculture

THE COUNCIL OF THE EUROPEAN COMMUNITIES,Having regard to the Treaty establishing the European Economic Community,Having regard to Council Regulation (EEC) N° 1676/85 of 11 June 1985 on the value of the unit of account and the conversion rates to be applied for the purposes of the common agricultural policy (1), and in particular Article 2 thereof,Having regard to the proposal from the Commission (2),Having regard to the opinion of the Monetary Committee,Whereas Article 2 of Regulation (EEC) N° 1676/85 provides for the fixing of agricultural conversion rates; whereas these conversion rates should be republished in a new text; whereas Regulation (EEC) N° 1223/83 (3), as last amended by Regulation (EEC) N° 1297/85 (4), should therefore be repealed;Whereas it is desirable to simplify the existing situation by restating the agricultural conversion rates which will be applicable when this Regulation enters into force;Whereas, when rates are to be adjusted, they should be adjusted with regard to the effects on, in particular, prices and the situation in the Member States concerned; whereas, for that reason, among others, provision should be made for

the new rates to enter into effect within a reasonable period, normally linked to the beginning of the marketing year or a change in prices;Whereas, in order to avoid differing treatment of interdependent products, provision should be made for the new rates to apply with effect from the same date for the cereals sector, with the exception of durum wheat and durum wheat groats and meal, for the eggs and poultrymeat, ovalbumin and lactalbumin, and pigmeat sectors,HAS ADOPTED THIS REGULATION:

Article 1

The agricultural conversion rates and the dates with effect from which they shall apply are set out in the Annexes.

Article 2

Regulation (EEC) N° 1223/83 is hereby repealed.

Article 3

This Regulation shall enter into force on 1 January 1986.

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

Done at Luxembourg, 11 June 1985.

For the Council

The President

F. M. PANDOLFI

(1) See page 1 of this Official Journal.

(2) OJ N° C 67, 14. 3. 1985, p. 74.

(3) OJ N° L 132, 21. 5. 1983, p. 33.

(4) OJ N° L 137, 27. 2. 1985, p. 1.

ANNEX I

BELGIUM/LUXEMBOURG

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ANNEX II

DENMARK

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ANNEX III

GERMANY

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ANNEX IV

FRANCE

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ANNEX V

GREECE

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ANNEX VI

IRELAND

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ANNEX VII

ITALY

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ANNEX VIII

NETHERLANDS

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ANNEX IX

UNITED KINGDOM

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Council Regulation (EEC) No 1678/85 of 11 June 1985 fixing the conversion rates to be applied in agriculture

Modified by

Council Regulation (EEC) No 3318/92 of 16 November 1992 amending Regualtion (EEC) No 1678/85 fixing the conversion rates to be applied in agriculture