{
  "url": "https://openlegislation.uk/eu-regulation-2004-1768/article-1",
  "json_url": "https://openlegislation.uk/eu-regulation-2004-1768/article-1.json",
  "legislation": "eur/2004/1768",
  "legislation_title": "Commission Regulation (EC) No 1768/2004 of 13 October 2004 fixing depreciation percentages to be applied when agricultural products are bought in, for the 2005 financial year",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2004-1768",
  "path": "article/1",
  "kind": "article",
  "number": "1",
  "heading": null,
  "text": "1. In respect of the products listed in the Annex, which, having been bought in by public intervention have entered store or been taken over by the intervention agencies between 1 October 2004 and 30 September 2005, the authorities shall depreciate their value to account for the difference between the buying-in prices and the foreseeable selling prices of the relevant products.\n2. To establish the amount of the depreciation, the intervention agencies shall apply to the values of the products bought in every month the coefficients set out in the Annex.\n3. The expenditure amounts determined in this way shall be notified to the Commission under the declarations established pursuant to Commission Regulation (EC) No 296/96.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "OJ L 39, 17.2.1996, p. 5. Regulation as last amended by Regulation (EC) No 2035/2003 (OJ L 302, 20.11.2003, p. 6)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2004/1768/article/1",
    "retrieved_at": "2026-11-01T14:55:14.035272+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}