Explanatory note

there are substituted for the existing definitions of the phrases concerned revised definitions of “breeding cow” and “the qualifying day” ;

the definition of “ECU” is further amended;

the rates of payment of compensatory allowances for both cattle and sheep are further revised;

the retention period for cattle—the period for which breeding cows have to be held by the claimant before he is eligible to claim a compensatory allowance for them—is increased from four to six months;

the retention period for sheep—the period for which ewes have to be held by the claimant before he is eligible to claim a compensatory allowance for them—is brought into line with that applicable to the Sheep Annual Premium Scheme (see Article 1(2) and (3) of Commission Regulation (EEC) No. 2700/93, OJ No. L245, 1.10.93, p.99, and regulation 3(2) of the Sheep Annual Premium Regulations 1992, S.I. 1992/2677, amended by S.I. 1994/2741);

the existing regulation 7 (claims for compensatory allowances) is replaced with a new regulation 7, setting out revised conditions for making claims for compensatory allowances for cattle and sheep;

regulation 6 (dealing with overgrazing) is amended in the light of the revised claim periods set out in the new regulation 7.