OpenLegislation

Article 4 F1

United Kingdom

Original text. Later amendments are not shown.

1.

The aid for the products referred to in Article 1 shall be fixed as follows:

(a)

where the contractual storage period is between 90 and 210 days, the aid shall be:

  1. (1)

    8,86 EUR per tonne of storage for fixed storage costs;

  2. (2)

    0,16 EUR per tonne per day of contractual storage;

(b)

where the contractual storage period is 365 days, the aid shall be:

  1. (1)

    8,86 EUR per tonne of storage for fixed storage costs;

  2. (2)

    0,36 EUR per tonne per day of contractual storage.

However, by way of derogation from Article 34(6) of Regulation (EC) No 826/2008, where the contractual quantity can be removed after a minimum storage period of 270 days, the aid amounts shall be reduced by 10 %.

2.

Applications shall be valid only when they show the aid rates applied for.

Concluded contracts under this Regulation for a storage period between 90 and 210 days cannot be changed into contracts under point (b) of the first subparagraph of paragraph 1.

3.

Contractual storage shall end on the day preceding that of the removal from storage.

Annotations

Textual amendments

F1

Substituted by Commission Implementing Regulation (EU) 2015/1851 of 15 October 2015 amending Implementing Regulation (EU) No 948/2014 as regards the contractual storage period and the amount of aid to be granted for the private storage of skimmed milk powder.