# Regulation (EU) No 1307/2013 of the European Parliament and of the Council of 17 December 2013 establishing rules for direct payments to farmers under support schemes within the framework of the common agricultural policy and repealing Council Regulation (EC) No 637/2008 and Council Regulation (EC) No 73/2009, Article 51: Financial provisions

Extent: E+N.I.

1. In order to finance the payment for young farmers, the relevant authority shall use a percentage, which shall not be higher than 2% of the total ceiling.
Where the relevant authority decides by 15 October in a calendar year to revise the percentage, that revised percentage will have effect for the following calendar year.
2. Without prejudice to the maximum of 2 % laid down in paragraph 1 of this Article, where the total amount of the payment for young farmers applied for in a constituent nation in a particular year exceeds the amount calculated in accordance with paragraph 1, and where that amount is lower than 2% of the total ceiling, the relevant authority shall finance the difference by applying point (f) of the first subparagraph of Article 30(7) in the relevant year, by applying a linear reduction to all payments to be granted to all farmers in accordance with Article 32 , or by both means....
3. Where the total amount of the payment for young farmers applied for in a constituent nation in a particular year exceeds the amount calculated in accordance with paragraph 1, and where that amount is equal to 2% of the total ceiling, the relevant authority shall apply a linear reduction to the amounts to be paid pursuant to Article 50 in order to comply with that ceiling.
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Source: https://www.legislation.gov.uk/eur/2013/1307/article/51 (the official version)
Page: https://openlegislation.uk/eu-regulation-2013-1307/article-51
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.