31974R0847

10 . 4 . 74 Official Journal of the European Communities No L 100/ 11

REGULATION ( EEC) No 847 / 74 OF THE COMMISSION of 9 April 1974 concerning the private storage subsidy for the A I type of table wine

THE COMMISSION OF THE EUROPEAN below the activating price for this type at the last two COMMUNITIES , consecutive fixations of the average price ; Having regard to the Treaty establishing the European Whereas the conditions of Article 5 (3) of the Regula­ Economic Community ; tion cited are therefore fulfilled ; according to the first subparagraph of paragraph 7, of the said Article, it is Having regard to Council Regulation ( EEC) No incumbent upon the Commission to observe that 816/ 70 (') of 28 April 1970 laying down additional there is cause to accord a subsidy, provisions for the common organization of the market in wine , as last amended by Regulation ( EEC) No HAS ADOPTED THIS REGULATION : 2592/73 (-'), and in particular the first subparagraph of Article 5 ( 7) thereof ; Article 1 Whereas Article 5 ( 3) first subparagraph of that Regula­ tion stipulates that private storage aid shall be granted It is observed that there is cause to accord a subsidy to for a type of wine where , in the course of the private storage for the A I type of table wine . marketing year, the average price for this type of wine remains less than the activating price for two consecu­ Article 2 tive weeks ; This Regulation shall enter into force on the day of its Whereas for the A I type of table wine , the average publication in the Official Journal of the European prices observed in a marketing centre have remained Communities.

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels, 9 April 1974. For the Commission

The President

Francois-Xavier ORTOLI

(') OJ No L 99 , 5 . 5 . 1970 , p. 1 . (-') O) No L 269 , 26 . 9 . 1 97.?, p. 1