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 last amended by Regulation (EC) No 150/95 ( 2 ), and in particular Article 13 (1) thereof,

Whereas with effect from 1 February 1995, Article 13 (2) of Regulation (EEC) No 3813/92 alters the value in ecus of certain prices and amounts in order to neutralize the effects of the abolition of the corrective factor of 1,207509 which until 31 January 1995 affected the conversion rates used for agriculture;

Whereas the new values in ecus of the prices and amounts concerned have been established as of 1 February 1995 according to the rules laid down in Article 13 (2) of Regulation (EEC) No 3813/92 and Article 18 (1) of Regulation (EEC) No 1068/93 of 30 April 1993 on detailed rules for determining and applying the agricultural conversion rates ( 3 ), as last amended by Regulation (EC) No 1053/95 ( 4 );

Whereas, in accordance with Article 18 (2) of Regulation (EEC) No 1068/93, in order to avoid confusion and to facilitate the application of the common agricultural policy, replacement prices and values in ecu should be fixed to apply at least from:

which are among the legal instruments coming into force before 1 February 1995;

Whereas guarantees under Council Regulation (EEC) No 1766/92 ( 5 ), as last amended by Regulation (EC) No 1528/95 ( 6 ), and its implementing Regulations are already at an appropriate level to ensure that obligation; whereas it is therefore not necessary to apply the conversion factor of 1,207509 to such guarantees;

Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committees concerned,

HAS ADOPTED THIS REGULATION:

— in Article 4 (2), third indent, the amount of ECU 45 is replaced by the amount of ECU 54,34,

— in Article 4 (3), last indent, the amount of ECU 297 is replaced by the amount of ECU 358,6,

— in Article 4 (5) the amount of ECU 115 is replaced by the amount of ECU 138,9,

— in Article 5 (1) (a), the price of ECU 163 is replaced by the price of ECU 196,8,

— in Article 5 (1) (b), the amount of ECU 359 is replaced by the amount of ECU 433,50,

— in Article 6, the amount of ECU 65 is replaced by the amount of ECU 78,49,

— in Article 7 (5), the amount of ECU 57 is replaced by the amount of ECU 68,83,

— in Article 7 (6), the amount of ECU 40 is replaced by the amount of ECU 48,30.

— in Article 3 (3), the price of ECU 98,71 is replaced by the price of ECU 119,19,

— in Article 8 (1) third indent, the price of ECU 173,73 is replaced by the price of ECU 209,78,

— in Article 8 (2) third indent, the amount of ECU 72 is replaced by the amount of ECU 86,94.