Commission Regulation (EEC) No 606/84 of 8 March 1984 amending Regulation (EEC) No 368/77 with regard to the amount of the security for the sale by tender of skimmed-milk powder

COMMISSION  REGULATION (EEC) No 606/84
of 8 March 1984
amending Regulation (EEC) No 368/77 with regard to the amount of the security for the sale by tender of skimmed-milk powder
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 1600/83 (2), and in particular Article 7 (5) thereof,
Whereas Article 10 (1) of Regulation (EEC) No 368/77 of 23 February 1977 on the sale by tender of skimmed-milk powder for use in feed for animals other than young calves (3), as last amended by Regulation (EEC) No 578/84 (4), fixes the amount of the tendering security; whereas the level of this amount is insufficient to prevent speculative operations following a drop in the selling price of skimmed-milk powder; whereas, therefore, the said amount should be increased;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Milk and Milk Products,