COMMISSION REGULATION (EC) No 2631/94 of 28 October 1994 amending Council Regulation (EEC) No 2328/91 as regards certain amounts fixed in ecus following the adjustment to the conversion rates to be applied for the purposes of the common agricultural policy

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Community,

Having regard to Council Regulation (EEC) No 3813/92 of 28 December 1992 on the unit of account and the conversion rates to be applied for the purposes of the common agricultural policy (1), as amended by Regulation (EC) No 3528/93 (2), and in particular Article 7 thereof,

Whereas, pursuant to Article 3 (2) of Regulation (EEC) No 3813/92, the agricultural conversion rate applicable to measures of Community financing of which comes exclusively from the Guidance Section of the European Agricultural Guidance and Guarantee Fund (EAGGF) is to be equal to the rate applying for the entry in the accounts of expenditure under the general budget of the European Communities; whereas this means that as from 1 January 1994 the conversion rate applicable previously for certain Member States should be reduced;

Whereas certain amounts provided for in Council Regulation (EEC) No 2328/91 of 15 July 1991 on improving the efficiency of agricultural structures (3), as last amended by Regulation (EC) No 3669/93 (4), were increased by Commission Regulation (EEC) No 870/93 (5) following the alteration of the conversion rates to be applied for the purposes of the common agricultural policy;

Whereas, pursuant to Article 7 of Regulation (EEC) No 3813/92, Germany has requested an increase in certain amounts fixed in ecus by Regulation (EEC) No 2328/91 in order to prevent their reduction in terms of national currency as from 1 January 1994;

Whereas measures applied pursuant to Article 7 of Regulation (EEC) No 3813/92 are to be adopted by the Commission in accordance with the procedure provided for in Article 12 of that Regulation; whereas, as a consequence, the procedure referred to in Article 29 of Council Regulation (EEC) No 4253/88 (6), as amended by Regulation (EEC) No 2082/93 (7), should apply;

Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Agricultural Structures and Rural Development,

HAS ADOPTED THIS REGULATION:

Article 1

The amounts set out in Regulation (EEC) No 2328/91 and listed in the Annex hereto are hereby amended as indicated therein.

Article 2

This Regulation shall enter into force on the day following its publication in the Official Journal of the European Communities.

It shall apply with effect from 1 January 1994.

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

Done at Brussels, 28 October 1994.

For the Commission René STEICHEN Member of the Commission

ANNEX

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