Commission Regulation (EC) No 40/96 of 12 January 1996 updating and amending regulations in the sheepmeat and goatmeat sectors fixing before 1 February 1995 certain prices and amounts whose values in ecus have been adjusted because of the abolition of the corrective factor in agricultural conversion

• Published date: 13 January 1996
• Subject Matter: French overseas departments,Sheepmeat and goatmeat
• Official Gazette Publication: Official Journal of the European Communities, L 10, 13 January 1996

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Commission Regulation (EC) No 40/96 of 12 January 1996 updating and amending regulations in the sheepmeat and goatmeat sectors fixing before 1 February 1995 certain prices and amounts whose values in ecus have been adjusted because of the abolition of the corrective factor in agricultural conversion

Official Journal L 010 , 13/01/1996 P. 0006 - 0007

COMMISSION REGULATION (EC) No 40/96 of 12 January 1996 updating and amending regulations in the sheepmeat and goatmeat sectors fixing before 1 February 1995 certain prices and amounts whose values in ecus have been adjusted because of the abolition of the corrective factor in agricultural conversion

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 runs to be applied for the purposes of the common agricultural policy (1), as last amended by Regulation (EC) No 150/95 (2), and in particular Article 13 (1) thereof,

Whereas with effect from 1 February 1995, Article 13 (2) of 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 Ecu 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 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 2853/95 (4);

Whereas, in accordance with Article 18 (2) of Regulation (EEC) No 1068/93, in order to avoid confusion and facilitate the application of the common agricultural policy, it is necessary to replace the value in Ecus of the prices and amounts concerned where they are not of periodic application, and where they are applicable at least from:

- 1 January 1996 in respect of the amounts not concerned by a marketing year,

- the beginning of the 1996 marketing year in the case of the prices or amounts for which that marketing year starts in January 1996,

- the beginning of the 1995/96 marketing year in the other cases,

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