
Article 1 
Article 4 of Regulation (EC) No 2808/98 is hereby amended as follows:

1.. paragraph 1 is replaced by the following:
'
1. For the support schemes listed in Annex I to Council Regulation (EC) No 1782/2003, the operative event for the exchange rate shall be 1 October of the year in respect of which the aid is granted.';
2.. paragraph 3 is replaced by the following:
'
3. For the purposes of applying paragraph 2, the exchange rate to be used shall be the average of the exchange rates applicable during the month preceding the date of the operative event, calculated pro rata temporis. The average of the exchange rates shall be determined by the Commission during the month following the date of the operative event.'
Article 2 
Article 21(3) and Articles 86 and 128 of Regulation (EC) No 1973/2004 concerning the determination of the operative event for the exchange rate and/or the rules for calculating the exchange rate for aid for starch potatoes, the premiums for sheep and goats and payments involving beef are hereby repealed.
Article 3 
This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.
It shall apply from 1 August 2005. However, in the case of the support schemes listed in Annex I to Regulation (EC) No 1782/2003 for which the operative event for the exchange rates for 2005 has been set as a date prior to 1 August 2005, the operative event thus determined shall remain applicable for 2005.
This Regulation shall be binding in its entirety and directly applicable in all Member States.Done at Brussels, 4 July 2005.
For the Commission
Mariann FISCHER BOEL
Member of the Commission