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Commission Delegated Regulation (EU) No 906/2014 of 11 March 2014 supplementing Regulation (EU) No 1306/2013 of the European Parliament and of the Council with regard to public intervention expenditure

EU Regulation No 906/2014 · Adopted 11 March 2014 · Extends to United Kingdom

Original text. legislation.gov.uk does not revise this item, so later amendments are not shown here. Changes made to it are listed under each provision when known.

F1Commission Delegated Regulation (EU) No 906/2014

of 11 March 2014

supplementing Regulation (EU) No 1306/2013 of the European Parliament and of the Council with regard to public intervention expenditure

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Regulation (EU) No 1306/2013 of the European Parliament and of the Council of 17 December 2013 on the financing, management and monitoring of the common agricultural policy and repealing Council Regulations (EEC) No 352/78, (EC) No 165/94, (EC) No 2799/98, (EC) No 814/2000, (EC) No 1290/2005 and (EC) No 485/2008f1, and in particular Article 20(2) and (3) thereof,

Whereas:

(1)

In accordance with point (a) of Article 4(1) of Regulation (EU) No 1306/2013, intervention measures regulating agricultural markets are to be financed by the Union under the terms of the sectoral agricultural legislation. As regards public intervention measures, the amount to be financed by the Union is determined by the annual accounts drawn up by the paying agencies.

(2)

Public intervention expenditure may vary substantially. It is therefore necessary to specify for each category of operation which expenditure is eligible for Union financing and, in particular, under what terms that expenditure can be covered. For this purpose, eligibility conditions and the methods for calculating eligible expenditure should be laid down. It should be further specified when such expenditure is to be booked on the basis of the elements actually recorded by the paying agencies or on the basis of standard amounts established by the Commission.

(3)

To allow Member States whose currency is not the euro to consolidate their expenditure and costs in their national currency and in euro in a harmonised way, the terms under which public storage operations are recorded in their accounts and the exchange rate applicable should be specified.

(4)

The valuation of public storage operations also depends on the type of operations and on the applicable sectoral agricultural legislation. A general rule should therefore be established providing that the value of the quantities bought in and sold is to be equal to the sum of the payments and receipts made or to be made for physical operations, together with specific rules and special cases to be taken into consideration.

(5)

The measures in this Regulation replace the relevant provisions laid down in Commission Regulation (EC) No 884/2006f2, which has been repealed by Commission Delegated Regulation (EU) No 907/2014f3,

HAS ADOPTED THIS REGULATION:

Annotations to the whole text

Textual amendments

F1

Regulation revoked (E.) (28.2.2023 at 9.10 a.m.) by The Market Measures Payment Schemes (Amendments, Revocation and Transitional Provision) (England) Regulations 2023 (S.I. 2023/124), regs. 1(2)(b), 11 (with reg. 10); and Regulation suspended (S.) (1.7.2023) by virtue of The Public Intervention and Private Storage Aid (Amendment and Suspension) (Scotland) Regulations 2023 (S.S.I. 2023/150), regs. 1, 5 (with reg. 10); and Regulation revoked (W.) (16.2.2026) by The Closure of European Union Legacy Agriculture Schemes (Wales) Regulations 2026 (W.S.I. 2026/44), regs. 1(2), 6

Footnotes

f1

OJ L 347, 20.12.2013, p. 549.

f2

Commission Regulation (EC) No 884/2006 of 21 June 2006 laying down detailed rules for the application of Council Regulation (EC) No 1290/2005 as regards the financing by the European Agricultural Guarantee Fund (EAGF) of intervention measures in the form of public storage operations and the accounting of public storage operations by the paying agencies of the Member States (OJ L 171, 23.6.2006, p. 35).

f3

Commission Delegated Regulation (EU) No 907/2014 of 11 March 2014, supplementing 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, securities and use of euro (see page 18 of this Official Journal).

Contents

  1. 1Subject matter
  2. 2Intervention measures in the form of public storage
  3. 3Financing of intervention expenditure incurred in the context of public storage operations
  4. 4Valuation of public storage operations
  5. 5Article 5
  6. Signature
  7. Annex I: CALCULATION OF RATES FOR THE REIMBURSEMENT OF FINANCING COSTS Repealed
  8. APPLICABLE INTEREST RATES Repealed
  9. 1Division 1 Repealed
  10. 2Division 2 Repealed
  11. 3Division 3 Repealed
  12. Repealed
  13. 1Division 1 Repealed
  14. 2Division 2 Repealed
  15. 3Division 3 Repealed
  16. 4Division 4 Repealed
  17. 5Division 5 Repealed
  18. SPECIAL RULES UNDER THE RESPONSIBILITY OF THE PAYING AGENCIES Repealed
  19. 1Division 1 Repealed
  20. 2Division 2 Repealed
  21. 3Division 3 Repealed
  22. Annex II: PHYSICAL OPERATIONS COVERED BY THE STANDARD AMOUNTS Repealed
  23. Cereals and rice Repealed
  24. ACCEPTANCE AND ENTRY INTO STORAGE Repealed
  25. (a)Division (a) Repealed
  26. (b)Division (b) Repealed
  27. (c)Division (c) Repealed
  28. STORAGE Repealed
  29. (a)Division (a) Repealed
  30. (b)Division (b) Repealed
  31. (c)Division (c) Repealed
  32. (d)Division (d) Repealed
  33. (e)Division (e) Repealed
  34. REMOVAL FROM STORAGE Repealed
  35. (a)Division (a) Repealed
  36. (b)Division (b) Repealed
  37. (c)Division (c) Repealed
  38. Beef/veal Repealed
  39. ACCEPTANCE OF DELIVERY, BONING AND ENTRY INTO STORAGE (BONED MEAT) Repealed
  40. (a)Division (a) Repealed
  41. (b)Division (b) Repealed
  42. (c)Division (c) Repealed
  43. (d)Division (d) Repealed
  44. STORAGE Repealed
  45. (a)Division (a) Repealed
  46. (b)Division (b) Repealed
  47. (c)Division (c) Repealed
  48. (d)Division (d) Repealed
  49. REMOVAL FROM STORAGE Repealed
  50. (a)Division (a) Repealed
  51. (b)Division (b) Repealed
  52. (c)Division (c) Repealed
  53. Butter Repealed
  54. ACCEPTANCE AND ENTRY INTO STORE Repealed
  55. (a)Division (a) Repealed
  56. (b)Division (b) Repealed
  57. (c)Division (c) Repealed
  58. (d)Division (d) Repealed
  59. (e)Division (e) Repealed
  60. STORAGE Repealed
  61. (a)Division (a) Repealed
  62. (b)Division (b) Repealed
  63. (c)Division (c) Repealed
  64. (d)Division (d) Repealed
  65. REMOVAL FROM STORAGE Repealed
  66. (a)Division (a) Repealed
  67. (b)Division (b) Repealed
  68. IVSPECIFIC LABELLING OR MARKING Repealed
  69. Repealed
  70. ACCEPTANCE AND ENTRY INTO STORE Repealed
  71. (a)Division (a) Repealed
  72. (b)Division (b) Repealed
  73. (c)Division (c) Repealed
  74. (d)Division (d) Repealed
  75. STORAGE Repealed
  76. (a)Division (a) Repealed
  77. (b)Division (b) Repealed
  78. (c)Division (c) Repealed
  79. (d)Division (d) Repealed
  80. REMOVAL FROM STORAGE Repealed
  81. (a)Division (a) Repealed
  82. (b)Division (b) Repealed
  83. (c)Division (c) Repealed
  84. IVSPECIFIC LABELLING OR MARKING Repealed
  85. Annex III: STANDARD AMOUNTS FOR THE UNION Repealed
  86. STANDARD AMOUNTS APPLICABLE Repealed
  87. 1Division 1 Repealed
  88. 2Division 2 Repealed
  89. 3Division 3 Repealed
  90. 4Division 4 Repealed
  91. 5Division 5 Repealed
  92. 6Division 6 Repealed
  93. 7Division 7 Repealed
  94. SPECIAL PROVISIONS Repealed
  95. 1Division 1 Repealed
  96. 2Division 2 Repealed
  97. 3Division 3 Repealed
  98. Annex IVSPECIFIC ELEMENTS TO TAKE INTO ACCOUNT FOR EXPENDITURE AND REVENUE RELATING TO BEEF AND VEAL
  99. Annex V: DEPRECIATION OF PRODUCTS IN STORAGE
  100. 1Division 1
  101. 2Division 2
  102. 3At the time of buying in, the relevant authority may restrict the depreciation to a fraction of the percentage calculated in accordance with point 2. That fraction may not be less than 70 % of the depreciation decided in accordance with point 1.
  103. 4In the case of depreciations as referred to in the second subparagraph of point 3, the relevant authority shall fix overall depreciation amounts by product and by the relevant authority who owns the product before the beginning of the following accounting year.
  104. 5The estimate of quantities in public storage and the carry-over values by product shall be drawn up by the relevant authorities and will include the following elements:
  105. 6Division 6
  106. 7Division 7
  107. Annex VIVALUATION OF MISSING QUANTITIES
  108. Annex VII: VALUATION OF PRODUCTS WHICH HAVE DETERIORATED OR BEEN DESTROYED
  109. 1Division 1
  110. 2The value of products which have deteriorated or been destroyed shall be calculated depending on the type of cause, as follows:
  111. Annex VIII: ACCOUNTING RULES APPLICABLE TO PRODUCTS WHICH HAVE ENTERED STORAGE, BUT TAKING-OVER OF WHICH HAS BEEN REFUSED Repealed
  112. ... Repealed
  113. 2Division 2 Repealed