CELEX: 31977R2698
Language: en
Date: 1977-12-08 00:00:00
Title: Commission Regulation (EEC) No 2698/77 of 7 December 1977 enabling short-term private storage contracts to be concluded for the A II type of table wine

8 . 12. 77                            Official Journal of the European Communities                       No L 314/ 23
                                  COMMISSION REGULATION (EEC) No 2698/77
                                                   of 7 December 1977
              enabling short-term private storage contracts to be concluded for the A II type
                                                       of table wine
THE COMMISSION OF THE EUROPEAN                                  Whereas the weighted average price of the A II type
COMMUNITIES,                                                    of table wine has remained below the activating price
 Having regard to the Treaty establishing the European
                                                                for this ty^e of wine for two consecutive weeks ;
 Economic Community,                                            Whereas the conditions set out in the first indent of
                                                                the first subparagraph of Article 5 (2) of Regulation
 Having regard to Council Regulation (EEC) No
                                                                (EEC) No 816/70 are therefore fulfilled,
816/70 of 28 April 1970 laying down additional provi­
sions for the common organization of the market in
wine ('), as last amended by Regulation (EEC) No                 HAS ADOPTED THIS REGULATION :
2560/77 (2), and in particular Article 5 (7) thereof,
Whereas Article 5 ( 1 ) of the said Regulation intro­                                   Article 1
duces a system of aid for the private storage of table
wine and grape must and lays down that the granting             Short-term private storage contracts may be concluded
of such aid is to be subject to the conclusion of a             for the A II type of table wine .
short-term or a long-term storage contract ; whereas
the first subparagraph of Article 5 (2) lays down that                                  Article 2
short-term storage contracts for table wine may be
entered into when the weighted average price of that            This Regulation shall enter into force on the day of its
type of table wine remains below the activating price           publication in the Official Journal of the European
for two consecutive weeks ;                                      Com munities.
             This Regulation shall be binding in its entirety and directly applicable in all Member
             States .
              Done at Brussels, 7 December 1977 .
                                                                          For the Commission
                                                                           Finn GUNDELACH
                                                                              Vice-President
(') OJ No L 99, 5 . 5 . 1970, p. 1 .
(2) OJ No L 303, 28 . 11 . 1977, p. 1 .