31977R2776

15 . 12. 77 Official Journal of the European Communities No L 320 / 29

COMMISSION REGULATION ( EEC) No 2776/77 of 14 December 1977 authorizing the conclusion of long-term private storage contracts for grape must and concentrated grape must in respect of the 1977/78 wine year

THE COMMISSION OF THE EUROPEAN Whereas the measures provided for in this Regulation COMMUNITIES, are in accordance with the opinion of the Manage­ ment Committee for Wine,

Having regard to the Treaty establishing the European Economic Community,

HAS ADOPTED THIS REGULATION : Having regard to Council Regulation (EEC) No 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 Article 1 221 1 /77 (2), and in particular Articles 5a (3) and 6 (6) thereof, Long-term storage contracts may be concluded for grape must and concentrated grape must. Grape must Whereas Commission Regulation (EEC) No 2775/77 which has been the subject of a long-term storage of 14 December 1977 (3) authorized the conclusion of contract may not be used for the production of grape long-term private storage contracts for certain table juice . wines in respect of the 1977/78 wine year ; whereas the condition, as laid down in the second indent of Article 5a (2) of Regulation (EEC) No 816/70, for auth­ Article 2 orizing the conclusion of long-term storage contracts for grape must and concentrated grape must is there­ fore fulfilled ; whereas, in view of the reduced harvest For the storage contracts referred to in Article 1 , the for the 1977/78 wine year, grape musts intended for amount of aid as specified in Article 1 1 of Regulation the production of grape juice should be excluded from (EEC) No 2015/76 shall be increased by 20% . the authorization referred to above ;

Whereas Article 6 (4) of Regulation (EEC) No 816/70 Article 3 provides that, for long-term contracts, the amount of the aid may be increased by up to 20 % ; whereas, in Short-term contracts concluded before the date of view of the considerable risks to which must is subject during a long period of storage, provision should be entry into force of this Regulation shall, at the request of the party concerned, be terminated in respect of made to increase by 20 % the rates of aid specified in Article 1 1 of Commission Regulation (EEC) No those quantities for which at the time of such termina­ 2015/76 of 13 August 1976 on storage contracts for tion that party enters into a long-term storage contract . table wine, grape must and concentrated grape must (4), as amended by Regulation (EEC) No 2206/77 (5) ; In such case, entitlement to short-term storage aid for the said quantities shall not be lost in respect of the period during which they are the subject of a long­ Whereas, in order to relieve the market on a more term contract . lasting basis and to prevent further difficulties after the expiry of the short-term contracts already concluded, it appears advisable to permit the conclu­ sion of long-term storage contracts for must covered Article 4 by short-term contracts concluded before the date of entry into force of this Regulation ; This Regulation shall enter into force on the day of its (!) OJ No L 99, 5. 5. 1970, p. 1 . publication in the Official Journal of the European (2) OJ No L 256, 7 . 10 . 1977, p. 1 . Communities. (3) See page 26 of this Official Journal . (<) OJ No L 221 , 14. 8 . 1976, p. 20 . (5) OJ No L 255, 6. 10 . 1977, p. 13 . It shall apply with effect from 16 December 1977.

No L 320/30 Official Journal of the European Communities 15 . 12. 77

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

Done at Brussels, 14 December 1977 . For the Commission

Finn GUNDELACH Vice-President