22.12. 93 Official Journal of the European Communities No L 320/13 C_OMMISSION REGULATION (EC) No 3517/93 ' of 20 December 1993 amending Commission Regulation (EEC) No 3902/92 setting detailed rules for granting financial compensation on certain fishery products THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EEC) No 3759/92 of 17 December 1992 on the common organization of the market in fishery and aquaculture products ('), as last amended by Regulation (EEC) No 1891/83 (Z), and in particular Article 12 (6) thereof, Whereas the fixing of the operative event for the conver- sion rate applicable to financial compensation as the second day of the month calls for amendment of the method of calculating the advance set out in Commission Regulation (EEC) No 3902/92(%); whereas the Annex setting out the method should therefore be amended; Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Fishery Products, HAS ADOPTED THIS REGULATION : - Article 1 Annex I to Regulation (EEC) No 3902/92 is replaced by the Annex to this Regulation. Article 2 This Regulation shall enter into force on 1 January 1994. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 20 December 1993. () OJ No L 388, 31. 12. 1992, p. 1. () O No L 172, 15. 7. 1993, p. 1. () OJ No L 392, 31. 12. 1992, p. 35. For the Commission Yannis PALEOKRASSAS Member of the Commission