# Commission Implementing Regulation (EU) 2016/1240 of 18 May 2016 laying down rules for the application of Regulation (EU) No 1308/2013 of the European Parliament and of the Council with regard to public intervention and aid for private storage (Text with EEA relevance), Article 6: Level of the security for buying-in of products

Extent: E+W+S+N.I.

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:
(a)for cereals: EUR 20/tonne;
(b)for rice: EUR 30/tonne;
(c)for beef: EUR 300/tonne;
(d)for butter: EUR 50/tonne;
(e)for skimmed milk powder: EUR 50/tonne.
This 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.
This 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.
This Article does not apply in relation to public intervention schemes in Wales.

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Source: https://www.legislation.gov.uk/eur/2016/1240/article/6 (the official version)
Page: https://openlegislation.uk/eu-regulation-2016-1240/article-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.