Legal provisions of COM(2003)806 - Amendment of Regulation (EC) No 1257/1999 on support for rural development from the European Agricultural Guidance and Guarantee Fund (EAGGF)

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dossier COM(2003)806 - Amendment of Regulation (EC) No 1257/1999 on support for rural development from the European Agricultural Guidance and ...
document COM(2003)806 EN
date March 22, 2004


Contents

Article 1

The following paragraph 2b is hereby inserted in Article 33l of Regulation (EC) No 1257/1999:

"2b. By way of derogation from Articles 21a, 21b and 21c, costs linked to investments needed to comply with a standard set by the Community before the date of accession, and binding for farmers from this date, or a later date, may be taken into consideration for determining the level of annual support. This possibility is limited to the first three years of the period of support, up to an annual ceiling of EUR 25000 per farm. During this investment period, the degressivity provided for in Article 21c shall not apply. Loss of income and additional costs resulting from compliance with the standard may not be taken into consideration until the end of the investment period.

Investments supported under the first subparagraph are not eligible for the support provided for in Chapter I."

Article 2

This Regulation shall enter into force on 1 May 2004, subject to the entry into force of the 2003 Act of Accession(4).


This Regulation shall be binding in its entirety and directly applicable in all Member States.