CELEX: 31977R2261
Language: en
Date: 1977-10-14 00:00:00
Title: Commission Regulation (EEC) No 2261/77 of 13 October 1977 terminating the conclusion of short-term private storage contracts in respect of table wine of type R I and table wines in close economic relationship to that type of wine

No L 261 / 16                        Official Journal of the European Communities                            14. 10 . 77
                                COMMISSION REGULATION (EEC) No 2261/77
                                                   of 13 October 1977
               terminating the conclusion of short-term private storage contracts in respect of
               table wine of type R I and table wines in close economic relationship to that
                                                       type of wine
THE COMMISSION OF THE EUROPEAN                                  Whereas Commission Regulation (EEC) No 1328/77
COMMUNITIES,                                                    of 21 June 1977 (3) on private storage aid for table
                                                                wine of type R provides for the grant of private
Having regard to the Treaty establishing the European           storage aid from 21 June 1977 for table wine of type
Economic Community,                                             R I;
Having regard to Council Regulation (EEC) No
816/70 of 28 April 1970 laying down additional provi­           Whereas it has been established that the weighted
sions for the common organization of the market in              average price for table wine of type R I during the
wine (J ), as last amended by Regulation (EEC) No               past two weeks has been higher than the activating
221 1 /77 (2), and in particular Article 5 (7) thereof,         price ; whereas Commission Regulation (EEC) No
                                                                1518 /77 of 6 July 1977 (4) enabled short-term private
Whereas Article 5 ( 1 ) of the said Regulation intro­           storage contracts to be concluded from 8 July 1977 in
ducing a system of aid for the private storage of table         respect of table wines closely related economically to
wine lays down that the granting of such aid is to be           the R I type of table wine ;
subject to the conclusion of a short-term or long-term
storage contract ; whereas the first subparagraph of            Whereas the conditions set out in Article 5 (2) of
paragraph 2 of the said Article lays down that short­           Regulation (EEC) No 816/70 are therefore fulfilled,
term storage contracts may be entered into when the
weighted average price of a type of table wine remains
below the activating price for two consecutive weeks            HAS ADOPTED THIS REGULATION :
and that such contracts may no longer be entered into
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           From 14 October 1977, no short-term private storage
be    taken    to   allow  short-term    contracts  to   be
                                                                contracts may be entered into in respect of table wine
concluded also in respect of table wines other than             of type R I or table wines closely related economically
those of the type for which this possibility has been           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 the type of table wine to which they are          This Regulation shall enter into force on 14 October
closely related economically ;                                   1977.
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States.
                Done at Brussels, 13 October 1977.
                                                                          For the Commission
                                                                           Finn GUNDELACH
                                                                              Vice-President
(') OJ No L 99, 5. 5. 1970, p. 1 .                              (3) OJ No L 153, 22. 6. 1977, p. 7.
(*) OJ No L 256, 7. 10 . 1977, p. 1 .                           (4) OJ No L 169, 7. 7. 1977, p. 15.