No L 169/8 Official Journal of the European -Communities 1.7.88 COMMISSION REGULATION (EEC) No 1924/88 of 30 June 1988 amending Regulation (EEC) No 577/86 on the application of accession compen- ! satory amounts to certain processed cereals products in view of the accession of THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to the Act of Accession of Spain and Portugal, and in particular Article 90 (1) thereof, and Council Regulation (EEC) No 4007/87 ('), Having regard to Council Regulation (EEC) No 2727/75 of 29 October 1975 on the common organization of the market in cereals (3), as last amended by Regulation (EEC) No 1097/88 (), Whereas the prices applicable in the cereals sector from 1 July 1988 were fixed in the framework of the precau- tionary measures adopted by the Commission pending a final decision by the Council as concerns the prices for the 1988/89 marketing year; whereas the accession compensatory amounts fixed by Commisson Regulation (EEC) No 577/86 (*), as last amended by Regulation (EEC) No 760/88 (%), should accordingly be adjusted from 1 July 1988 ; whereas, however, in accordance with the abovementioned Article . 90 (1) and subject to any subsequent decisions of the Council, that adjustment may be carried out for the period 1 July to 31 December 1988 only; - Spain Whereas the Management Committee for Cereals has not delivered an opinion within the time limit set by its . chairman, HAS ADOPTED THIS REGULATION : Article 1 Regulation (EEC) No 577/86 is hereby aménded as follows : 1. in Article 2 (1), ‘for the 1987/88 marketing year is replaced by ‘from 1 July to 31 December 1988’; 2. Annex [ is replaced by the Annex hereto. Article 2 This Regulation shall enter into force on the day of its publication in" the Official Journal of the European Communities, It shall apply with effect from 1 July 1988. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 30 June 1988. () OJ No L 378, 31. 12. 1987, p. 1. () OJ No L 281, 1. 11. 1975, p. 1. () OF No L 110, 29. 4. 1988, p. 7. () OJ No L 57, 1. 3. 1986, p. 16. () OJ No L 79, 24. 3. 1988, p. 8. For the Commission Frans ANDRIESSEN Vice-President .