1. 2. 95 Official Journal of the European Communities No L 24/1 (Acts whose publication is obligatory) COMMISSION REGULATION (EC) No 157/95 of 31 January 1995 amending Regulation (EEC) No 1068/93 on detailed rules for determining and ’ applying the agricultural conversion rates THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EEC) No 3813/92 of 28 December 1992 on the value of the unit of account and the conversion rates to be applied for the purposes of the common agricultural policy ('), as last amended by Regulation (EC) No 150/95 (), and in particular Articles 1 (b), 8 (2) and 12 thereof, Whereas Regulation (EC) No 150/95 standardizes the treatment of all the Community currencies and suspends the application of the correcting factor previously affec- ting the conversion rates of the ecu; whereas, therefore, the provisions relating to the fixed currencies as also the references to the floating currencies and the correcting factor should be deleted throughout Regulation (EEC) No 1068/93 (), as amended by Regulation (EC) No 547/94 (%), Whereas the functioning of the exceptional reference period of three quotation days as referred to in Article 2 (2) of Regulation (EEC) No 1068/93 must be adapted to take account of the possibility of periods in which revalu- ation trends for certain currencies are confirmed, as intro- duced in Article 4 of Regulation (EEC) No 3813/92; whereas it is therefore necessary for the definition of the priorities for the adjustment of the agricultural conversion rates provided for in Article 5 of Regulation (EEC) No 1068/93 to be adapted ; Whereas, in connection with the possibilities for granting the compensatory aid referred to in Article 8 of Regula- tion (EEC) No 3813/92, it is necessary to define the notion of appreciable reduction in the average of the agri- () OJ No L 387, 31. 12. 1992, p. 1. () OF No L 22, 31. 1. 1995, p. 1. () O No L 108, 1. 5. 1993, p. 106. () OJ No L 69, 12. 3. 1994, p. 1. cultural conversion rates over the previous 12 months; whereas, by analogy with Article 1 (¢) of the said Regula- tion, this definition implies a lessening of the effects -of the devaluations recorded over the previous three years ; Whereas Article 13 (2) of Regulation (EEC) No 1068/93 should be adapted given that the duration of validity of the advance fixing of the agricultural conversion rate has become systematically the same as that of the advance fixing of the amount concerned ; whereas, as a result of the 1994 accession, the entries in national languages as set out in Article 14 of the said Regulation must be indi- cated in Swedish and Finnish ; Whereas it is necessary to establish with precision the rules for rounding off the results of the operations for increasing the prices and amounts in ecus referred to in Article 13 (2) of Regulation (EEC) No 3813/92 so as to preserve the neutrality of the values concerned in national currencies as much as possible ; whereas it is appropriate that the prices and amounts which, over a relatively long period, must consequently appear in all the Community regulations be published ; Whereas the provisions laid down in this Regulation must be applicable at the same time as the amendments to Regulation (EEC) No 3813/92 made by Regulation (EC) No 150/95; ’ Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committees concerned, HAS ADOPTED THIS REGULATION : Article 1 Regulation (EEC) No 1068/93 is hereby amended as follows : 1. In Article 1 (1), the words ‘for floating currencies’ are deleted.