Commission Regulation (EEC) No 3732/92 of 22 December 1992 amending Regulation (EEC) No 1059/83 on storage contracts for table wine, grape must, concentrated grape must and rectified concentrated grape must

COMMISSION REGULATION (EEC) No 3732/92  of 22 December 1992  amending Regulation (EEC) No 1059/83 on storage contracts for table wine, grape must, concentrated grape must and rectified concentrated grape must
THE COMMISSION OF THE  EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 822/87 of 16 March 1987 on the common organization of the market in wine (1), as last amended by Regulation (EEC) No 1756/92 (2), and in particular Article 32 (5) thereof,
Whereas under the rules in force in advance can be paid on the storage aid in two quarterly instalments; whereas to reduce the administrative burden involved and at the same time boost the effectiveness of the provision Member States should be enabled  to pay an advance on the storage aid in a single instalment at the beginning of the wine year provided that appropriate security is lodged; whereas this measure should take effect on 1 June of the period for conclusion of contracts for the 1992/93 wine  year;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Wine,