31974R1206

15 . 5 . 74 No L 132/ 11 Official Journal of the European Communities

REGULATION (EEC) No 1206/74 OF THE COMMISSION of 14 May 1974 concerning the private storage subsidy for the R I type of table wine

THE COMMISSION OF THE EUROPEAN remained below the activating price for this type at COMMUNITIES, the last two 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 ; 8 1 6/70 (1) 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 2592/73 (2), and in particular the first subparagraph of HAS ADOPTED THIS REGULATION : 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 R 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 ; Whereas for the R I type of table wine, the average This Regulation shall enter into force on 15 May 1974 . prices observed in certain marketing centres have

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

Done at Brussels, 14 May 1974. For the Commission

The President François-Xavier ORTOLI

(!) OJ No L 99, 5 . 5 . 1970, p. 1 . 2) OJ No L 269, 26. 9 .' 1973, p. 1 .