CELEX: 31977R2472
Language: en
Date: 1977-11-10 00:00:00
Title: Commission Regulation (EEC) No 2472/77 of 9 November 1977 terminating the conclusion of short-term private storage contracts in respect of table wine of type A I and table wines in close economic relationship to that type of wine

GB 0930 11 U L
  10. 11 . 77                          Official Journal of the European Communities                            No L 286/23
                                  COMMISSION REGULATION (EEC) No 2472/77
                                                     of 9 November 1977
                 terminating the conclusion of short-term private storage contracts in respect of
                 table wine of type A I and table wines in close economic relationship to that
                                                          type of wine
 THE COMMISSION OF THE EUROPEAN                                    Whereas Commission Regulation (EEC) No 847/77 of
 COMMUNITIES,                                                      9 April 1 974 (3) on private storage aid for table wine of
                                                                   type A I provides for the grant of private storage aid
 Having regard to the Treaty establishing the European             from 10 April 1974 for table wine of type A I ;
 Economic Community,
 Having regard to Council Regulation (EEC) No                      Whereas Commission Regulation (EEC) No 1221 /74
 816/70 of 28 April 1970 laying down additional provi­             of 1 5 May 1 974 (4) enabled short-term private storage
 sions for the common organization of the market in                contracts to be concluded from 1 May 1974 in respect
 wine (*), as last amended by Regulation (EEC) No                  of table wines closely related economically to the A I
 221 1 /77 (2), and in particular Article 5 (7) thereof,           type of table wine ;
 Whereas Article 5 ( 1 ) of the said Regulation intro­             Whereas it has been established that the weighted
 ducing a system of aid for the private storage of table           average price for table wine of type A I during the
 wine lays down that the granting of such aid is to be             past two weeks has been higher than the activating
 subject to the conclusion of short-term or long-term              price ;
 storage contracts ; whereas the first subparagraph of
 paragraph 2 of the said Article lays down that short­             Whereas the conditions set out in Article 5 (2) of
 term storage contracts may be entered into when the               Regulation (EEC) No .816/70 are therefore fulfilled,
 weighted average price of a type of table wine remains
 below the activating price for two consecutive weeks
 and that such contracts may no longer be entered into             HAS ADOPTED THIS REGULATION :
 when the weighted average price of that type of wine
 is above the activating price for two consecutive
                                                                                           Article 1
 weeks ; whereas, moreover, the second subparagraph
 of the said paragraph 2 lays down that a decision may
 be    taken    to   allow short-term      contracts   to   be     From 10 November 1977, no short-term private
                                                                   storage contracts may be entered into in respect of
 concluded also in respect of table wines other than
                                                                   table wine of type A I or table wines closely related
 those of the type for which this possibility has been             economically to that type of wine.
 made available, where such wines are closely related
 economically to that type of table wine ; whereas
 short-term contracts may no longer be entered into in                                     Article 2
 respect of these wines when they are not permissible
 in respect of table wine to which they are closely                This Regulation shall enter into force on               10
 related economically ;                                            November 1977.
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                 Done at Brussels, 9 November 1977.
                                                                            For the Commission
                                                                              Finn GUNDELACH
                                                                                 Vice-President
(') OJ No L 99, 5. 5. 1970, p. 1 .                                (3) OJ No L 100, 10 . 4. 1974, p. 11 .
I2 ) OJ No L 256, 7. 10 . 1977, p. 1 .                            h) OJ No L 133, 16. 5. 1974, p. 20.