Council Regulation (EEC) No 2923/81 of 10 October 1981 amending, with respect to the French franc, Regulation (EEC) No 878/77 on the exchange rates to be applied in agriculture
2923/81 • 31981R2923
Legal Acts - Regulations
- 30 Inbound citations:
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- 2 Cited paragraphs:
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- 11 Outbound citations:
Avis juridique important
Council Regulation (EEC) No 2923/81 of 10 October 1981 amending, with respect to the French franc, Regulation (EEC) No 878/77 on the exchange rates to be applied in agriculture Official Journal L 291 , 12/10/1981 P. 0001 - 0002
**** ( 1 ) OJ NO 106 , 30 . 10 . 1962 , P . 2553/62 . ( 2 ) OJ NO L 263 , 19 . 9 . 1973 , P . 1 . ( 3 ) OJ NO L 106 , 29 . 4 . 1977 , P . 27 . ( 4 ) OJ NO L 90 , 4 . 4 . 1981 , P . 1 . COUNCIL REGULATION ( EEC ) NO 2923/81 OF 10 OCTOBER 1981 AMENDING , WITH RESPECT TO THE FRENCH FRANC , REGULATION ( EEC ) NO 878/77 ON THE EXCHANGE 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 NO 129 ON THE VALUE OF THE UNIT OF ACCOUNT AND THE EXCHANGE RATES TO BE APPLIED FOR THE PURPOSES OF THE COMMON AGRICULTURAL POLICY ( 1 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 2543/73 ( 2 ), AND IN PARTICULAR ARTICLE 3 THEREOF , HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION , WHEREAS THE REPRESENTATIVE RATES CURRENTLY APPLICABLE WERE FIXED BY COUNCIL REGULATION ( EEC ) NO 878/77 OF 26 APRIL 1977 ON THE EXCHANGE RATES TO BE APPLIED IN AGRICULTURE ( 3 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 850/81 ( 4 ); WHEREAS , WITH EFFECT FROM 5 OCTOBER 1981 , CERTAIN CHANGES IN THE CENTRAL RATES OF THE COMMUNITY CURRENCIES HAVE OCCURRED WITHIN THE EUROPEAN MONETARY SYSTEM ; WHEREAS THESE CHANGES THEORETICALLY INVOLVE THE INTRODUCTION OF MONETARY COMPENSATORY AMOUNTS IN FRANCE ; WHEREAS IT IS POSSIBLE TO AVOID THIS BY CHANGING THE FRENCH REPRESENTATIVE RATE ; WHEREAS , TO ACHIEVE THIS OBJECTIVE , SUCH A RATE SHOULD BE ADOPTED IMMEDIATELY ; WHEREAS THE MONETARY COMMITTEE WILL BE CONSULTED ; WHEREAS , IN VIEW OF THE URGENCY , IT IS NECESSARY TO ADOPT THE MEASURES ENVISAGED UNDER THE CONDITIONS PROVIDED FOR IN ARTICLE 3 ( 2 ) OF REGULATION NO 129 , HAS ADOPTED THIS REGULATION : ARTICLE 1 ANNEX IV TO REGULATION ( EEC ) NO 878/77 IS REPLACED BY THE ANNEX TO THIS REGULATION . ARTICLE 2 THIS REGULATION SHALL ENTER INTO FORCE ON 12 OCTOBER 1981 . THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES . DONE AT BRUSSELS , 10 OCTOBER 1981 . FOR THE COUNCIL THE PRESIDENT P . WALKER **** ANNEX FRANCE 1 . 1 ECU À 6.08656 FRENCH FRANCS . THIS RATE SHALL APPLY FROM 12 OCTOBER 1981 . 2 . HOWEVER , IN THE FISHERIES SECTOR IT SHALL APPLY FROM 1 JANUARY 1982 AND UNTIL THAT DATE THE FOLLOWING RATE SHALL APPLY : 1 ECU À 5.84700 FRENCH FRANCS .
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( 1 ) OJ NO 106 , 30 . 10 . 1962 , P . 2553/62 .
( 2 ) OJ NO L 263 , 19 . 9 . 1973 , P . 1 .
( 3 ) OJ NO L 106 , 29 . 4 . 1977 , P . 27 .
( 4 ) OJ NO L 90 , 4 . 4 . 1981 , P . 1 .
COUNCIL REGULATION ( EEC ) NO 2923/81
OF 10 OCTOBER 1981
AMENDING , WITH RESPECT TO THE FRENCH FRANC , REGULATION ( EEC ) NO 878/77 ON THE EXCHANGE 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 NO 129 ON THE VALUE OF THE UNIT OF ACCOUNT AND THE EXCHANGE RATES TO BE APPLIED FOR THE PURPOSES OF THE COMMON AGRICULTURAL POLICY ( 1 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 2543/73 ( 2 ), AND IN PARTICULAR ARTICLE 3 THEREOF ,
HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION ,
WHEREAS THE REPRESENTATIVE RATES CURRENTLY APPLICABLE WERE FIXED BY COUNCIL REGULATION ( EEC ) NO 878/77 OF 26 APRIL 1977 ON THE EXCHANGE RATES TO BE APPLIED IN AGRICULTURE ( 3 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 850/81 ( 4 );
WHEREAS , WITH EFFECT FROM 5 OCTOBER 1981 , CERTAIN CHANGES IN THE CENTRAL RATES OF THE COMMUNITY CURRENCIES HAVE OCCURRED WITHIN THE EUROPEAN MONETARY SYSTEM ; WHEREAS THESE CHANGES THEORETICALLY INVOLVE THE INTRODUCTION OF MONETARY COMPENSATORY AMOUNTS IN FRANCE ; WHEREAS IT IS POSSIBLE TO AVOID THIS BY CHANGING THE FRENCH REPRESENTATIVE RATE ;
WHEREAS , TO ACHIEVE THIS OBJECTIVE , SUCH A RATE SHOULD BE ADOPTED IMMEDIATELY ;
WHEREAS THE MONETARY COMMITTEE WILL BE CONSULTED ; WHEREAS , IN VIEW OF THE URGENCY , IT IS NECESSARY TO ADOPT THE MEASURES ENVISAGED UNDER THE CONDITIONS PROVIDED FOR IN ARTICLE 3 ( 2 ) OF REGULATION NO 129 ,
HAS ADOPTED THIS REGULATION :
ARTICLE 1
ANNEX IV TO REGULATION ( EEC ) NO 878/77 IS REPLACED BY THE ANNEX TO THIS REGULATION .
ARTICLE 2
THIS REGULATION SHALL ENTER INTO FORCE ON 12 OCTOBER 1981 .
THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .
DONE AT BRUSSELS , 10 OCTOBER 1981 .
FOR THE COUNCIL
THE PRESIDENT
P . WALKER
****
ANNEX
FRANCE
1 . 1 ECU À 6.08656 FRENCH FRANCS .
THIS RATE SHALL APPLY FROM 12 OCTOBER 1981 .
2 . HOWEVER , IN THE FISHERIES SECTOR IT SHALL APPLY FROM 1 JANUARY 1982 AND UNTIL THAT DATE THE FOLLOWING RATE SHALL APPLY :
1 ECU À 5.84700 FRENCH FRANCS .