Commission Regulation (EEC) No 3820/92 of 28 December 1992 on transitional measures for the application of the agrimonetary arrangements laid down in Regulation (EEC) No 3813/92

• Published date: 31 December 1992
• Subject Matter: Monetary measures in the field of agriculture
• Official Gazette Publication: Official Journal of the European Communities, L 387, 31 December 1992

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31992R3820

Commission Regulation (EEC) No 3820/92 of 28 December 1992 on transitional measures for the application of the agrimonetary arrangements laid down in Regulation (EEC) No 3813/92

Official Journal L 387 , 31/12/1992 P. 0022 - 0023
Finnish special edition: Chapter 3 Volume 47 P. 0052
Swedish special edition: Chapter 3 Volume 47 P. 0052

COMMISSION REGULATION (EEC) No 3820/92 of 28 December 1992 on transitional measures for the application of the agrimonetary arrangements laid down in Regulation (EEC) No 3813/92

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Economic Community,

Having regard to Council Regulation (EEC) No 3813/92 of 28 December 1992 on the unit of account and the conversion rates to be applied for the purposes of the common agricultural policy (1), and in particular Article 11 (2) thereof,

Whereas Regulation (EEC) No 3813/92 repeals Council Regulation (EEC) No 1676/85 (2), as last amended by Regulation (EEC) No 2205/90 (3), with effect from 1 January 1993; whereas, in order to facilitate the transition from the agrimonetary arrangements in force up to 31 December 1992 to those in force after that date, these arrangements should be brought into line with each other temporarily, particularly as far as operative events of the agricultural conversion rates are concerned;

Whereas Article 26a of Commission Regulation (EEC) No 3540/85 of 5 December 1985 laying down detailed rules for the application of the special measures for peas, field beans and sweet lupins (4), as last amended by Regulation (EEC) No 1734/92 (5), lays down that until 30 June 1993 the gross aid expressed in ecus, as well as the forward amount of the aid expressed in ecus, are to be differential by the monetary differntial amount and then converted into the final aid in the currency of the Member State in which the products are harvested using the agricultural conversion rate of that Member State;

Whereas as a result of the method for fixing the agricultural conversion rate as from 1 January 1993 and the neutral margin of five points applying to the monetary differential amount, the value of the latter is always zero; whereas, as a result, the gross aid fixed in ecus is to be converted directly into national currency using the agricultural conversion rate of the Member State in which the products are processed;

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