2. 2. 88 Official Journal of the European Communities No L 30/7 COMMISSION REGULATION (EEC) No 295/88 of 1 February 1988 amending Regulation (EEC) No 1723/72 on making up accounts for the European Agricultural Guidance and Guarantee Fund, Guarantee Section THE COMMISSION OF THE EUROPEAN CCMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 729/70 of 21 April 1970 on the financing of the common agricul- tural policy ('), as last amended by Regulation (EEC) No 3769/85 (9, and in particular Article 4 (4) thereof, Whereas, in order to facilitate verification of accounts, the Member States have to forward to the Commission reports drawn up by paying services and agencies ; Whereas the model form of these reports is set out in - Article 5 of Commission Regulation (EEC) No 1723/72(), as last amended by Regulation (EEC) No 422/86 (*); Whereas it is appropriate to define more fully the infor- mation that Member States should provide on the national audit and supervision of EAGGF, Guarantee Section, expenditure ; Whereas the Fund Committee has not delivered an opinion within the time limit set by its chairman, HAS ADOPTED THIS REGULATION : Article 1 Regulation (EEC) No 1723/72 is hereby amended. as follows : 1. The introductory phrase of Article 5 is replaced b}; the following : ‘Without prejudice to the provisions of Article 1 (1) (b), the reports referred to in Article 1 (1) (a) shall be drawn up by each authority and body responsible for payments in accordance with the following plan E 2. Atticle 5 (d) is replaced by the following: {d) National audit and supervision- of EAGGF, Guarantee Section; expenditure : Details of the information that should be set out in the reports under this heading are set out in Annex XI’ 3. The Annex to this Regulation is added as Annex XL Article 2 This Regulation shall enter into force on 1 March 1988. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 1 February 1988. () OJ No L 94, 28. 4. 1970, p. 13. () OJ No L 362, 31. 12. 1985, p. 17. () OJ No L 186, 16. 8. 1972, p. 1. () O] No L 48, 26. 2. 1986, p. 31. For the Commission Frans ANDRIESSEN Vice-President