# COMMISSION REGULATION (EC) No 488/2006

of 24 March 2006

fixing the exchange rates applicable to structural or environmental measures in 2006

## Preamble

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 arrangements for the euro [^1] ,

Having regard to Commission Regulation (EC) No 2808/98 of 22 December 1998 laying down detailed rules for the application of the agrimonetary system for the euro in agriculture [^2] , and in particular the second sentence of Article 4(3) thereof,

Whereas:

**(1)** In accordance with Article 4(2) of Regulation (EC) No 2808/98, the operative event for the amounts of a structural or environmental character is 1 January of the year during which the decision to grant the aid is taken.

**(2)** In accordance with the first sentence of Article 4(3) of Regulation (EC) No 2808/98 the exchange rate to be used is the average of the exchange rates applicable during the month preceding the date of the operative event, calculated pro *rata temporis* ,

HAS ADOPTED THIS REGULATION:

## **Article 1**

In 2006, the exchange rate shown in the Annex shall apply to the amounts of a structural or environmental character referred to in Article 4(2) of Regulation (EC) No 2808/98.

## **Article 2**

This Regulation shall enter into force on the day following that of its publication in the *Official Journal of the European Union* .

## Final provisions

This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 24 March 2006. *For the Commission* Mariann FISCHER BOEL *Member of the Commission*

[^1] [OJ L 349, 24.12.1998, p. 1](http://publications.europa.eu/resource/oj/JOL_1998_349_R_TOC) .

[^2] [OJ L 349, 24.12.1998, p. 36](http://publications.europa.eu/resource/oj/JOL_1998_349_R_TOC) Regulation last amended by Regulation (EC) No 1044/2005 ( [OJ L 172, 5.7.2005, p. 76](http://publications.europa.eu/resource/oj/JOL_2005_172_R_TOC) ).

Exchange rates referred to in Article 1

(EUR 1 = average for 1 December 2005 to 31 December 2005)

| 0,573458 | Cyprus pound |
| --- | --- |
| 28,9712 | Czech koruna |
| 7,45403 | Danish krone |
| 15,6466 | Estonian kroon |
| 252,791 | Hungarian forint |
| 3,4528 | Lithuanian litas |
| 0,696729 | Latvian lats |
| 0,4293 | Maltese lira |
| 3,85493 | Polish zloty |
| 37,8743 | Slovak koruna |
| 239,505 | Slovenian tolar |
| 9,43950 | Swedish krona |
| 0,679103 | Pound sterling |

[^1]: .
[^2]: Regulation last amended by Regulation (EC) No 1044/2005 ().