No L 257/36 Official Journal of the European Communities 17. 9. 88 COMMISSION REGULATION (EEC) No 2877/88 of 16 September 1988 amending Regulation (EEC) No 2042/75 on special detailed rules for the application of the system of import and export licences for cereals and rice THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 2727/75 of 29 October 1975 on the common organization of the market in cereals ('), as last amended by Regulation (EEC) No 2221/88 (%), and in particular Article 16 (6) thereof, Whereas Commission Regulation (EEC) No 2042/75 (%), as last amended by Regulation (EEC) No 2167/88 (¥, sets the term of validity of export licences ; whereas in view of the unsettled state of the world cereal market the term of validity of export licences for the products indicated in Article 1 (a) and (b) of Regulation (EEC) No 2727/75 should be limited ; Whereas Council Regulation (EEC) No 2658/87 (°), as last amended by Regulation (EEC) No.1315/88 (¢), introduces from 1 January 1988 a new ‘combined nomenclature’ meeting both the requirements of the Common Customs Tariff and the Community’s external trade statistics and replacing the existing nomenclature ; Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Cereals, HAS ADOPTED THIS REGULATION : Article 1 Section A of Annex II to Regulation (EEC) No 2042/75 is replaced by the Annex hereto. Article 2 This Regulation shall enter into force on 17 September 1988. This Regulation shall be binding in its entirety and directly applicable in all Member States. : Done at Brussels, 16 September 1988. ‘() OJ No L 281, 1. 11. 1975, p. 1. () OJ No L 197, 26. 7. 1988, p. 16. () OJ No L 213, 11. 8. 1975, p. 5. () OJ No L 190, 21. 7. 1988, p. 28. () OJ No L 256, 7. 9. 1987, p. 1. () OJ No L 123, 17. 5. 1988, p. 2. * For the Commission _ Frans ANDRIESSEN Vice-President