Article 6 Level of the security for buying-in of products

The level of the security required in accordance with Article 4(a) of Delegated Regulation (EU) 2016/1238 when submitting an offer or tender for the buying-in of products into public intervention shall be:

1. (a)

   for cereals: EUR 20/tonne;

2. (b)

   for rice: EUR 30/tonne;

3. (c)

   for beef: EUR 300/tonne;

4. (d)

   for butter: EUR 50/tonne;

5. (e)

   for skimmed milk powder: EUR 50/tonne.

F1This Article does not apply in relation to public intervention schemes in England, otherwise than in connection with exceptional market conditions which are the subject of a declaration under section 20 of the Agriculture Act 2020.

F2This Article ceases to apply in relation to public intervention schemes in Scotland, otherwise than in connection with public intervention measures which the appropriate authority takes under Article 219(1) of Regulation (EU) No 1308/2013, for a period of five years beginning on 1 July 2023.

F3This Article does not apply in relation to public intervention schemes in Wales.