8.5.86 Official Journal of the European Communities NoL 119/29 COUNCIL REGULATION (EEC) No 1340/86 of 6 May 1986 establishing, for the period running from 1 April 1986 to 31 March 1987, the Community reserve for the application of the levy referred to in Article 5¢ of Regulation (EEC) No 804/68 in the milk and milk products sector THE COUNCIL 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 (*), as last amended by Regulation (EEC) No 1335/86 (), and in particular Article 5¢ (6) thereof, Having regard to the proposal from the Commission (*), Whereas Article 5c (4) of Regulation (EEC) No 804/68 lays down that a Community reserve shall be constituted with a view to supplementing, at the beginning of each period of 12 months, the guaranteed quantities of the Member States in which implementation of the levy system raises particular difficulties; whereas, this quantity should be fixed at 393 000 tonnes for the third period of 12 months, HAS ADOPTED THIS REGULATION: Article 1 For the period running from 1 April 1986 to 31 March 1987, the Community reserve provided for in Article 5c (4) of Regulation (EEC) No 804/68 shall be fixed at 393 000 tonnes. Article 2 This Regulation shall enter into force on the day of its publication in the Official Jowrnal of the European Communities. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 6 May 1986. () OJ No L 148, 28. 6. 1968, p. 13. (*) See page 19 of this Official Journal. () OJ No C 85, 14. 4. 1986, p. 72. For the Council The President P. H van ZEIL