31977R1518

7 . 7 . 77 No L 169 / 15 Official Journal of the European Communities

COMMISSION REGULATION ( EEC) No 1518 /77

of 6 July 1977

enabling short-term private storage contracts to be concluded for table wines closely related economically to the RI type of table wine

THE COMMISSION OF THE EUROPEAN covered by the said intervention measures, and COMMUNITIES , consequently may prevent the measures taken from having the effect desired ; whereas, therefore, storage Having regard to the Treaty establishing the European contracts should be allowed to be concluded for such Economic Community, red table wines ;

Having regard to Council Regulation (EEC) No Whereas the measures provided for in this Regulation 816/70 of 28 April 1970 laying down additional provi­ are in accordance with the opinion of the Manage­ sions for the common organization of the market in ment Committee for Wine, wine ( J ), as last amended by Regulation (EEC) No 528 /77 (2), and in particular the first subparagraph of Article 5 (7) thereof, HAS ADOPTED THIS REGULATION :

Whereas the second subparagraph of Article 5 (2) Article 1 thereof provides that, if the state of the market so requires, a decision may be taken to allow short-term 1 . The power to conclude short-term private storage contracts to be concluded in respect of table storage contracts for the the RI type of table wine wines other than those of the type for which this possi­ granted by Regulation (EEC) No 1328 /77 is hereby bility exists they may be concluded , where such table extended to red table wines that are closely related wines are closely related economically to that type of economically to the RI type of table wine . table wine ;

2. Red table wines with an actual alcoholic strength Whereas Commission Regulation ( EEC) No 1328 /77 of not less than 12° and not more than 12-5°, and of 21 June 1677 (3) enabled short-term private storage which do not fall within type R III, shall be consid­ contracts to be concluded for the RI type of table ered to be closely related economically to the RI type wine ; of table wine . Whereas table wine prices on the Community market 3 . The power referred to in paragraph 1 shall are at present falling ; whereas this trend has been continue for as long as the same power exists under marked by the fact that intervention measures have Regulation (EEC) No 1328/77 for the RI type of table had to be brought into effect for the RI type of table wine . wine ; whereas, however, large quantities of red table wines that are closely related economically to the RI type of table wine are on the market and are subject Article 2 to the general decline in prices ; This Regulation shall enter into force on the day Whereas these red table wines that are closely related following its publication in the Official Journal of economically to the RI type of table wine are not the European Communities.

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

Done at Brussels 6 July 1977 .

For the Commission

Finn GUNDELACH

Vice-President

(') OJ No L 99, 5. 5. 1970, p. 1 . (2 ) OJ No L 69 , 16 . 3 . 1977, p. 1 . (3) OJ No L 153 , 22. 6 . 19 77, p. 7.