31979R2835

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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 309 , 5 . 12 . 1979 , P . 1 .

COUNCIL REGULATION ( EEC ) NO 2835/79

OF 14 DECEMBER 1979

AMENDING , WITH RESPECT TO THE ITALIAN LIRA AND THE POUND STERLING , 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 PROPOSALS FROM THE COMMISSION ,

WHEREAS 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 2717/79 ( 4 ), FIXED REPRESENTATIVE RATES INTER ALIA FOR THE ITALIAN LIRA AND THE POUND STERLING ; WHEREAS IT SEEMS APPROPRIATE THAT NEW REPRESENTATIVE RATES SHOULD BE FIXED FOR THESE CURRENCIES AT A LEVEL CLOSER TO PRESENT ECONOMIC REALITY ;

WHEREAS PROVISION SHOULD BE MADE IN PRINCIPLE FOR THE NEW REPRESENTATIVE RATES TO TAKE EFFECT IMMEDIATELY , DUE ACCOUNT BEING TAKEN , HOWEVER , OF SPECIAL NEEDS IN SOME SECTORS ;

WHEREAS THE MONETARY COMMITTEE WILL BE CONSULTED ; WHEREAS , IN VIEW OF THE URGENCY INVOLVED , THE MEASURES ENVISAGED SHOULD BE ADOPTED IN ACCORDANCE WITH THE CONDITIONS LAID DOWN IN ARTICLE 3 ( 2 ) OF REGULATION NO 129 ,

HAS ADOPTED THIS REGULATION :

ARTICLE 1

IN ARTICLE 2A ( 4 ) OF REGULATION ( EEC ) NO 878/77 , THE FOLLOWING POINT SHALL BE ADDED :

' ( C ) BY WAY OF DEROGATION FROM PARAGRAPH 2 , AS REGARDS THE ITALIAN LIRA , THE REPRESENTATIVE RATE OF LIT 100 À 0.0895255 ECU SHALL APPLY WITH EFFECT FROM :

- 1 JANUARY 1980 FOR THE FISHERY PRODUCTS SECTOR ,

- 1 JULY 1980 FOR THE SUGAR AND ISOGLUCOSE SECTOR ,

- 1 AUGUST 1980 FOR THE CEREALS , EGGS , POULTRY , OVALBUMIN AND LACTALBUMIN SECTORS ,

- 1 NOVEMBER 1980 FOR THE PIGMEAT SECTOR ,

- 16 DECEMBER 1980 FOR THE WINE SECTOR ; HOWEVER , OTHER DATES MAY BE FIXED FOR DISTILLATION OPERATIONS ,

- 17 DECEMBER 1979 IN ALL OTHER CASES NOT MENTIONED ABOVE , AND IN PARTICULAR FOR THE ADDITIONAL AID REFERRED TO IN ARTICLE 1 ( 2 ) OF REGULATION ( EEC ) NO 2511/69 . '

ARTICLE 2

IN ARTICLE 2A ( 5 ) OF REGULATION ( EEC ) NO 878/77 , THE FOLLOWING SUBPARAGRAPH SHALL BE ADDED :

' BY WAY OF DEROGATION FROM PARAGRAPH 2 , AS REGARDS THE POUND STERLING , THE REPRESENTATIVE RATE OF ONE POUND STERLING À 1.61641 ECU SHALL APPLY WITH EFFECT FROM :

- 1 JANUARY 1980 FOR THE FISHERY PRODUCTS SECTOR ,

- 1 AUGUST 1980 FOR THE CEREALS , EGGS , POULTRY , OVALBUMIN AND LACTALBUMIN SECTORS ,

- 16 DECEMBER 1980 FOR THE WINE SECTOR ; HOWEVER , OTHER DATES MAY BE FIXED FOR DISTILLATION OPERATIONS ,

- 17 DECEMBER 1979 IN ALL OTHER CASES NOT MENTIONED ABOVE . '

ARTICLE 3

THIS REGULATION SHALL ENTER INTO FORCE ON 17 DECEMBER 1979 .

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

DONE AT BRUSSELS , 14 DECEMBER 1979 .

FOR THE COUNCIL

THE PRESIDENT

B . LENIHAN