No C 84/26 Official Journal of the European Communities 31. 3. 88 
2. Article 2(1) is replaced by the following: 
'1. Compensation shall be paid to the producers 
concerned for the quantities withdrawn. Such compens­
ation shall be: 
— for the fourth and fifth 12-month periods, 10 ECU 
per 100 kg, 
— for the sixth 12-month period, 8 ECU per 100 kg, 
— for the seventh 12-month period, 7 ECU per 100 kg, 
— for the eighth 12-month period, 6 ECU per 100 kg. 
For each 12-month period, the compensation shall be 
paid to those entitled during the last quarter of the 
relevant 12-month period.' 
3. In the second subparagraph of Article 4, 'in the fourth 
and fifth 12-month periods' is deleted. 
THE COUNCIL 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 (l), as last amended by Regulation 
(EEC) No .../88, and in particular the first subparagraph of 
Article 7a(l) thereof, 
Having regard to the proposal from the Commission, 
Whereas Council Regulation (EEC) No 777/87 of 16 
March 1987 modifying the intervention arrangements for 
butter and skimmed-milk powder (2) provides that the 
measures covered by that Regulation are to apply to the end 4. In Article 5, paragraph 2 is replaced by the following: 
'2. At the end of the fourth 12-month period and at the 
end of each of the following periods of application of the 
additional-levy arrangements, the Commission shall 
assess the results obtained from the application of 
Articles 3 and 4 and shall, if necessary, submit 
appropriate proposals to the Council.' 
5. Article 8 is deleted. 
Article 2 
This Regulation shall enter into force on the third day 
following its publication in the Official Journal of the 
European Communities. 
This Regulation shall be binding in its entirety and directly 
applicable in all Member States. 
of the fifth 12-month period of application of the 
supplementary levy arrangements provided for in Article 5c 
of Regulation (EEC) No 804/68; whereas, in view of the 
extension of those arrangements for an additional period of 
three 12-month periods, the period of application of the 
measures provided for in Regulation (EEC) No 777/87 
should also be extended, 
HAS ADOPTED THIS REGULATION: 
Article 1 
Regulation (EEC) No 777/87 is hereby amended as 
follows: Proposal for a Council Regulation (EEC) amending Regulation (EEC) No 777/87 as regards 
the period of application of the intervention measures for butter and skimmed-milk powder 
COM(88) 84 final 
(Submitted by the Commission to the Council on 25 February 1988) 
(88/C 84/15) 
(!) OJ No L 148, 28. 6. 1968, p. 13. 
(2) OJ No L 78, 20. 3. 1987, p. 10. 1. Article 1(2) is replaced by the following: 
31. 3. 88 Official Journal of the European Communities No C 84/27 
'2. The buying in of skimmed-milk powder provided 
for in Article 7(1) of Regulation (EEC) No 804/68 may 
be suspended as soon as the quantities offered for 
intervention in the period 1 March to 31 August each 
year exceed 100 000 tonnes.' 
2. In Article 2, 'of the fifth period' is replaced by 'of the 
eighth period'. 
THE COUNCIL OF THE EUROPEAN COMMUNITIES, 
Having regard to the Treaty establishing the European 
Economic Community, and in particular Article 43 thereof, 
Having regard to the proposal from the Commission, 
In cooperation with the European Parliament, 
Having regard to the opinion of the Economic and Social 
Committee, 
Whereas, in view of the growing imbalance in the 
Community between supply and demand in cereals, certain 
measures to restore sound conditions in the sector in 
question were introduced by Council Regulation (EEC) No 
2727/75 on the common organization of the market in 
cereals (*), as last amended by Regulation (EEC) No 3989/ 
87 (2); whereas those measures involve in particular the 
introduction of a co-responsibility levy determined by 
taking account of the various factors which will enable a 
definition to be given of that production which requires 
financial support in order to ensure its disposal and allow 
an assessment to be made of the resulting charges on the 
budget, bearing additionally in mind imports of cereal 
substitute products on the Community market; 
Whereas those measures are not however liable to be 
sufficient to control production the increase in which may 
lead to an uncontrollable rise in expenditure; whereas 
(!) OJ No L 281, 1. 11. 1975, p. 1. 
(2) OJ No L 377, 31. 12. 1987, p. 1. Article 2 
This Regulation shall enter into force on the third day 
following its publication in the Official Journal of the 
European Communities. 
This Regulation shall be binding in its entirety and directly 
applicable in all Member States. 
better control of production could be achieved by fixing a 
maximum guaranteed quantity above which certain 
measures to stabilize the market in cereals and thereby to 
curb expenditure in the sector in question are taken; 
whereas, to that end, an additional co-responsibility levy to 
be collected provisionally at the beginning of the marketing 
year, reimbursement of which in full or in part will be 
decided, as the case may be, after it is established that the 
maximum guaranteed quantity has not been exceeded or 
that the amount by which it has been exceeded is lower than 
a certain percentage should be introduced; whereas, 
moreover, where the maximum guaranteed quantity is 
exceeded in a marketing year, account should be taken of 
that for the fixation of prices for the following marketing 
year; 
Whereas the maximum guaranteed quantity must be 
established so that it reflects the Community's total cereal 
requirements; 
Whereas, in view of the difficulties arising in the 
application of the co-responsibility levy arrangements 
provided for in Article 4 of Regulation (EEC) No 2727/75, 
provision should be made for that levy and the additional 
levy to be collected throughout the Community at the time 
of placing on the market or of sale to intervention by 
producers; 
Whereas, when the co-responsibility levy was introduced, a 
system of direct aid for small producers of cereals was also 
instituted with the aim, having regard to the social 
implications of the measure, of offsetting the effect of the 
co-responsibility levy on their incomes; whereas that 
system must be adjusted on the one hand to ensure that the Proposal for a Council Regulation (EEC) amending Regulation (EEC) No 2727/75 on the 
common organization of the market in cereals 
COM(88) 84 final 
(Submitted by the Commission to the Council on 25 February 1988) 
(88/C 84/16)