31982R0388

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COMMISSION REGULATION (EEC) No 388/82

of 22 February 1982

suspending advance fixing of the monetary compensatory amounts applicable in the Belgo-Luxembourg Economic Union and in Denmark

THE COMMISSION OF THE EUROPEAN

COMMUNITIES,

Having regard to the Treaty establishing the European Economic Community,

Having regard to Council Regulation (EEC) No 974/71 of 12 May 1971 on certain measures of conjunctural policy to be taken in agriculture following the temporary widening of the margins of fluctuation for the currencies of certain Member States (1), as last amended by Regulation (EEC) No 876/81 (2),

Having regard to Commission Regulation (EEC) No 243/78 of 1 February 1978 providing for the advance fixing of monetary compensatory amounts (3), as last amended by Regulation (EEC) No 3476/80 (4), and in particular Article 9 (2) thereof,

Whereas, with effect from 22 February 1982, the central rates of the different currencies of the European monetary system have been amended; whereas, pending a decision on the measures to be taken in the agricultural sector following this event, in order to prevent speculation, advance fixing of the compensatory amounts should be suspended in accordance with Article 9 (2) of Regulation (EEC) No 243/78 for the Member States for which modification of these amounts could be foreseen,

HAS ADOPTED THIS REGULATION:

Article 1

Advance fixing of the monetary compensatory amounts applicable in the Belgo-Luxembourg Economic Union and in Denmark shall be suspended from 22 February 1982.

Article 2

This Regulation shall enter into force on 22 February 1982. It shall apply until 24 February 1982.

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

Done at Brussels, 22 February 1982.

For the Commission

François-Xavier ORTOLI

Vice-President

(1) OJ No L 106, 12. 5. 1971, p. 1.

(2) OJ No L 88, 2. 4. 1981, p. 26.

(3) OJ No L 37, 7. 2. 1978, p. 5.

(4) OJ No L 363, 31. 12. 1980, p. 71.