Regulation 7 Amendment of Commission Implementing Regulation (EU) No 908/2014

(1)

Commission Implementing Regulation (EU) No 908/2014 of 6 August 2014 laying down rules for the application of Regulation (EU) No 1306/2013 of the European Parliament and of the Council with regard to paying agencies and other bodies, financial management, clearance of accounts, rules on checks, securities and transparency^f1, insofar as it does not relate to support for direct payments, is amended as follows.

(2)

In Article 27(2) (interest applicable to recovery of undue payments), for “national law” substitute “the law applying in the constituent nation”.

(3)

In Article 52(2) (negotiable collateral), for “national law” substitute “the law applying in the constituent nation”.

Annotations

Footnotes

f1: EUR 908/2014, to which there are amendments not relevant to these Regulations. This Regulation, so far as not already incorporated into domestic law by section 1 of the Direct Payments to Farmers (Legislative Continuity) Act 2020 (c.2), is incorporated into domestic law on IP completion day by section 3 of the 2018 Act. Regulation 2 of the Agriculture (Payments) (Amendment, etc) (EU Exit) Regulations 2020, which have been laid in draft for approval by Parliament, prospectively sets out how CAP horizontal legislation is to be interpreted from IP completion day.