COMMISSION REGULATION (EC) No 2773/95 of 30 November 1995 replacing the values in ecus in Council Regulation (EEC) No 2079/92 instituting a Community aid scheme for early retirement from farming

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),

Having regard to Commission 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), and in particular Article 18 (2) thereof,

Whereas with effect from 1 February 1995, Article 13 (2) of Council 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;

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, the values in ecus of the amounts given in Council Regulation (EEC) No 2079/92 (5), which apply at least from:

- 1 January 1996 for amounts which are not affected by a marketing year,

- the beginning of the 1996 marketing year in the case of amounts for which the marketing year begins in January 1996, and - the beginning of the 1995/96 marketing year in the other cases,

and which are among the legal instruments coming into force before 1 February 1995, should be replaced,

HAS ADOPTED THIS REGULATION:

Article 1

As a consequence of the adjustment with effect from 1 February 1995, pursuant to Article 13 (2) of Regulation (EEC) No 3813/92 and to Article 18 (1) of Regulation (EEC) No 1068/93, of the amounts in ecus in Council Regulation (EEC) No 2079/92, the latter shall be amended as laid down in Article 2 hereof.

Article 2

Regulation (EEC) No 2079/92 is amended as follows:

1. in Article 3 (1) the amount 'ECU 4 000` is replaced by 'ECU 4 830`; the amount 'ECU 250` is replaced by 'ECU 301,9`; the amount 'ECU 10 000` is replaced by 'ECU 12 075`; the amount 'ECU 12 000` is replaced by 'ECU 14 490`; the amount 'ECU 750` is replaced by 'ECU 905,6` and the amount 'ECU 30 000` is replaced by 'ECU 36 225`;

2. in Article 3 (2) the amount 'ECU 2 500` is replaced by 'ECU 3 019` and the amount 'ECU 7 500` is replaced by 'ECU 9 056`;

3. in Article 3 (3) the amount 'ECU 36 000` is replaced by 'ECU 43 470`.

Article 3

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

It shall apply, for each amount in question, from the date on which an agricultural conversion rate fixed on or after 1 February 1995 is first applied.

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

Done at Brussels, 30 November 1995.

For the Commission Franz FISCHLER Member of the Commission