Council Regulation (EC) No 3311/94 of 20 December 1994 extending by one month the application of the agrimonetary arrangements in force on 31 December 1994 and fixing the agricultural conversion rates for the new Member States

• Published date: 31 December 1994
• Subject Matter: Accession,Monetary measures in the field of agriculture
• Official Gazette Publication: Official Journal of the European Communities, L 350, 31 December 1994

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Council Regulation (EC) No 3311/94 of 20 December 1994 extending by one month the application of the agrimonetary arrangements in force on 31 December 1994 and fixing the agricultural conversion rates for the new Member States

Official Journal L 350 , 31/12/1994 P. 0001 - 0002
Finnish special edition: Chapter 1 Volume 4 P. 0076
Swedish special edition: Chapter 1 Volume 4 P. 0076

COUNCIL REGULATION (EC) No 3311/94 of 20 December 1994 extending by one month the application of the agrimonetary arrangements in force on 31 December 1994 and fixing the agricultural conversion rates for the new Member States

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European Community,

Having regard to the proposal from the Commission,

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 pursposes of the common agricultural policy (1), and in particular Article 13 (2) thereof,

Having regard to the 1994 Act of Accession, and in particular Article 150 (1) thereof,

Whereas the provisions of Article 4a of Regulation (EEC) No 3813/92 and the correcting factor referred to in Article 1 (c) of that Regulation are limited to 31 December 1994; whereas the Commission has presented a report on the agrimonetary arrangements and proposals for the amendment of the said Regulation; whereas, in order to permit the Council to reach a decision on future agrimonetary policy taking account of the opinion of the European Parliament, the arrangements in force at the end of 1994 should be extended by one month;

Whereas, with effect from the date of entry into force of the Act of Accession, it is necessary to determine the initial agricultural conversion rates of the new Member States;

Whereas the fixing of certain amounts applicable under the Common Customs Tariff must derogate from the application of the correcting factor in order to accord with the other amounts concerned;

Whereas, as far as the initial agricultural conversion rate applicable for Austria is concerned, account must be taken of the close and long-established links which exist between the Austrian schilling and the German mark;

Whereas the measures provided for in this Regulation require measures at Community level to ensure uniform application in all Member States from 1 January 1995,

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