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COMMISSION REGULATION (EEC) No 1544/88

of 1 June 1988

amending Regulation (EEC) No 756/70 on granting aid for skimmed milk processed into casein and caseinates

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Economic Community,

Having regard to Council Regulation (EEC) No 804/68 of 27 June 1968 on the common organization of the market in milk and milk products (1), as last amended by Regulation (EEC) No 1109/88 (2), and in particular Article 11 (3) thereof,

Whereas in view of recent developments on the market in skimmed milk and skimmed-milk powder and the large reduction in public stocks resulting, the aid fixed by Article 2 (1) of Commission Regulation (EEC) No 756/70 (3), as last amended by Regulation (EEC) No 667/88 (4), can be reduced;

Whereas the Management Committee for Milk and Milk Products has not delivered an opinion within the time limit set by its chairman,

HAS ADOPTED THIS REGULATION:

Article 1

In Article 2 (1) of Regulation (EEC) No 756/70, '8,45 ECU' is replaced by 7,39 ECU'.

Article 2

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

It shall apply with effect from 20 June 1988.

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

Done at Brussels, 1 June 1988.

For the Commission

Frans ANDRIESSEN

Vice-President

(1) OJ No L 148, 28. 6. 1968, p. 13.

(2) OJ No L 110, 29. 4. 1988, p. 27.

(3) OJ No L 91, 25. 4. 1970, p. 28.

(4) OJ No L 69, 15. 3. 1988, p. 20.