Commission Regulation (EC) No 2206/1999 of 18 October 1999 fixing the maximum compensatory aid resulting from the rates for the conversion of the euro into national currency units and the exchange rates applicable on 1 September 1999

Type Regulation
Publication 1999-10-18
State In force
Department European Commission
Source EUR-Lex
Reform history JSON API

1999R2206 — EN — 26.10.1999 — 000.001

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Corrected by:

COMMISSION REGULATION (EC) No 2206/1999

of 18 October 1999

fixing the maximum compensatory aid resulting from the rates for the conversion of the euro into national currency units and the exchange rates applicable on 1 September 1999

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Community,

Having regard to Council Regulation (EC) No 2799/98 of 15 December 1998 establishing agrimonetary arrangement for the euro (1), and in particular Article 5 thereof,

Having regard to Council Regulation (EC) No 2800/98 of 15 December 1998 on transitional measures to be applied under the common agricultural policy with a view to the introduction of the euro (2), and in particular Article 3 thereof,

HAS ADOPTED THIS REGULATION:

Article 1

The maximum amounts of the first tranche of compensatory aid to be granted as a result of the reduction recorded on the date of the operative event, 1 September 1999, in the conversion rates for the euro in force from 1 January 1999 in Belgium, France, Ireland, Italy, Luxembourg, Spain and Finland and in the exchange rates applicable on 1 September 1999 for the Danish krone, the Swedish krona and the pound sterling as against the agricultural conversion rates previously applicable shall be as set out in the Annex hereto.

Article 2

This Regulation shall enter into force on the seventh day following its publication in the Official Journal of the European Communities.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

ANNEX

(1) OJ L 349, 24.12.1998, p. 1.

(2) OJ L 349, 24.12.1998, p. 8.

(3) OJ L 349, 24.12.1998, p. 36.

(4) OJ L 164, 30.6.1999, p. 53.

(5) OJ L 349, 24.12.1998, p. 48.

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