148It should be noted that according to Article 76(d) of the Rules of Procedure, the application must state the subject matter of the proceedings and a summary of the pleas in law and that statement must be clear and precise enough to enable the defendant to prepare its arguments and the Court to rule on the application (judgment of 3 May 2018, Sigma Orionis v Commission, T‑48/16, EU:T:2018:245, paragraph 54). In view of the arguments submitted by it in the defence and in the rejoinder, the Commission was in a position to understand clearly the applicants’ criticisms of the contested regulation. In addition, the essential elements of fact and of law on which that part of the third plea is based are indicated coherently and intelligibly in the application itself, despite the indication in the heading of that part that income or price support is provided to ‘CPO suppliers’ and despite an incorrect reference to recital 172 of the provisional regulation, which in fact concerns the existence of a financial contribution under Article 3(1)(a)(iv) of the basic regulation (see, to that effect, judgment of 3 July 2018, Transtec v Commission, T‑616/15, EU:T:2018:399, paragraph 46). The application therefore satisfies the requirements of Article 76(d) of the Rules of Procedure.