Council Regulation (EEC) No 1109/88 of 25 April 1988 amending Regulation (EEC) No 804/68 on the common organization of the market in milk and milk products

COUNCIL REGULATION (EEC) No 1109/88 of 25 April 1988 amending Regulation (EEC) No 804/68 on the common organization of the market in milk and milk products
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 (1),
Having regard to the opinion of the European Parliament (2),
Whereas Article 5c of Regulation (EEC) No 804/68 (3), as last amended by Regulation (EEC) No 3904/87 (4), introduced for a period of five years, with the aim of restoring equilibrium on the milk market, an arrangement for an additional levy on  quantities of milk delivered or purchased exceeding a reference quantity established in respect of the milk producer or purchaser; whereas it is now clear that the results obtained from these arrangements will not suffice to achieve the objective of  adaptation of supply to demand by the end of the five-year period; whereas the duration of the said arrangement must be extended to eight 12-month periods;
Whereas the guaranteed overall quantities for the sixth, seventh and eighth periods of application of the said arrangements should be set at the level taken for the fifth 12-month period;
Whereas Article 7a of Regulation (EEC) No 804/68 makes provision, during the application of the said arrangements, for the possibility of adopting measures to reduce quantities bought in; whereas the reasons for extending the said arrangements also  entail extension of the period referred to in the said Article  for the same duration,