31980R1581

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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 54 , 5 . 3 . 1979 , P . 1 .

( 4 ) OJ NO L 57 , 29 . 2 . 1980 , P . 32 .

( 5 ) OJ NO L 157 , 18 . 6 . 1976 , P . 20 .

( 6 ) OJ NO L 318 , 13 . 12 . 1979 , P . 25 .

COMMISSION REGULATION ( EEC ) NO 1581/80

OF 24 JUNE 1980

AMENDING FOR THE EIGHTH TIME REGULATION ( EEC ) NO 1393/76 AS REGARDS THE SPECIAL RATE FOR CERTAIN PRODUCTS OF THE WINE-GROWING SECTOR

THE COMMISSION 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 COUNCIL REGULATION ( EEC ) NO 337/79 OF 5 FEBRUARY 1979 ON THE COMMON ORGANIZATION OF THE MARKET IN WINE ( 3 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 459/80 ( 4 ), AND IN PARTICULAR ARTICLE 18 THEREOF ,

HAVING REGARD TO COMMISSION REGULATION ( EEC ) NO 1393/76 OF 17 JUNE 1976 LAYING DOWN DETAILED RULES FOR THE IMPORTATION OF PRODUCTS IN THE WINE-GROWING SECTOR ORIGINATING IN CERTAIN THIRD COUNTRIES ( 5 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 2782/79 ( 6 ), AND IN PARTICULAR ARTICLE 1A ( 4 ) THEREOF ,

HAVING REGARD TO THE OPINION OF THE MONETARY COMMITTEE ,

WHEREAS , PURSUANT TO ARTICLE 1A OF REGULATION ( EEC ) NO 1393/76 , SPECIAL RATES ARE USED TO CONVERT INTO NATIONAL CURRENCY THE FREE-AT-FRONTIER REFERENCE PRICES FOR IMPORTED LIQUEUR WINES , WITH THE EXCEPTION OF LIQUEUR WINES ORIGINATING IN CYPRUS AND CALLED IN THE PRODUCER COUNTRY ' CYPRUS SHERRY ' ; WHEREAS , FOR THE CURRENCIES OF THE MEMBER STATES MAINTAINED AT ANY GIVEN MOMENT WITHIN A MAXIMUM SPREAD OF 2.25 % , THE SPECIAL RATE IS THE CONVERSION RATE RESULTING FROM THE CENTRAL RATE ; WHEREAS , FOR THE CURRENCIES OTHER THAN THOSE SPECIFIED ABOVE , THE SPECIAL RATE FOR THE PERIOD 1 JULY TO 15 DECEMBER 1980 IS EQUAL TO THE CONVERSION RATE IN RELATION TO ALL THE CURRENCIES OF THE MEMBER STATES MAINTAINED AT ANY GIVEN MOMENT WITHIN A MAXIMUM SPREAD OF 2.25 % RESULTING FROM THE AVERAGE RATE TAKEN INTO CONSIDERATION FOR THE PURPOSE OF CALCULATING THE MONETARY COMPENSATORY AMOUNTS VALID ON 1 JUNE 1980 ; WHEREAS , FOR THESE REASONS , THE SPECIAL RATES APPEARING IN ANNEX III TO REGULATION ( EEC ) NO 1393/76 MUST BE ADJUSTED IN THE CASE OF THE CURRENCIES CONCERNED ,

HAS ADOPTED THIS REGULATION :

ARTICLE 1

ANNEX III TO REGULATION ( EEC ) NO 1393/76 IS REPLACED BY THE FOLLOWING ANNEX :

' ANNEX III

THE SPECIAL RATE REFERRED TO IN ARTICLE 1A OF REGULATION ( EEC ) NO 1393/76 SHALL BE :

( A ) FOR THE BELGIAN FRANC AND THE LUXEMBOURG FRANC :

ONE BELGIAN FRANC/LUXEMBOURG FRANC : 0.0251321 ECU ;

( B ) FOR THE DANISH KRONE :

ONE DANISH KRONE : 0.129477 ECU ;

( C ) FOR THE GERMAN MARK :

ONE GERMAN MARK : 0.402888 ECU ;

( D ) FOR THE FRENCH FRANC :

ONE FRENCH FRANC : 0.171028 ECU ;

( E ) FOR THE POUND STERLING :

ONE POUND STERLING : 1.66099 ECU ;

( F ) FOR THE IRISH POUND :

ONE IRISH POUND : 1.49656 ECU ;

( G ) FOR THE ITALIAN LIRA :

100 ITALIAN LIRE : 0.0859941 ECU ;

( H ) FOR THE DUTCH GUILDER :

ONE DUTCH GUILDER : 0.364482 ECU . '

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 JULY 1980 .

THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .

DONE AT BRUSSELS , 24 JUNE 1980 .

FOR THE COMMISSION

FINN GUNDELACH

VICE-PRESIDENT