Delegated regulation 2014/906 - Supplement to Regulation 1306/2013 with regard to public intervention expenditure - Main contents
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official title
Commission Delegated Regulation (EU) No 906/2014 of 11 March 2014 supplementing Regulation (EU) No 1306/2013 of the European Parliament and of the Council with regard to public intervention expenditure| Legal instrument | delegated regulation |
|---|---|
| Number legal act | Delegated regulation 2014/906 |
| CELEX number i | 32014R0906 |
| Document | 11-03-2014 |
|---|---|
| Publication in Official Journal | 28-08-2014; OJ L 255 p. 1-17 |
| Effect | 04-09-2014; Entry into force Date pub. +7 See Art 5 |
| End of validity | 31-12-9999 |
28.8.2014 |
EN |
Official Journal of the European Union |
L 255/1 |
COMMISSION DELEGATED REGULATION (EU) No 906/2014
of 11 March 2014
supplementing Regulation (EU) No 1306/2013 of the European Parliament and of the Council with regard to public intervention expenditure
THE EUROPEAN COMMISSION,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to Regulation (EU) No 1306/2013 of the European Parliament and of the Council of 17 December 2013 on the financing, management and monitoring of the common agricultural policy and repealing Council Regulations (EEC) No 352/78, (EC) No 165/94, (EC) No 2799/98, (EC) No 814/2000, (EC) No 1290/2005 and (EC) No 485/2008 (1), and in particular Article 20(2) and (3) thereof,
Whereas:
(1) |
In accordance with point (a) of Article 4(1) of Regulation (EU) No 1306/2013, intervention measures regulating agricultural markets are to be financed by the Union under the terms of the sectoral agricultural legislation. As regards public intervention measures, the amount to be financed by the Union is determined by the annual accounts drawn up by the paying agencies. |
(2) |
Public intervention expenditure may vary substantially. It is therefore necessary to specify for each category of operation which expenditure is eligible for Union financing and, in particular, under what terms that expenditure can be covered. For this purpose, eligibility conditions and the methods for calculating eligible expenditure should be laid down. It should be further specified when such expenditure is to be booked on the basis of the elements actually recorded by the paying agencies or on the basis of standard amounts established by the Commission. |
(3) |
To allow Member States whose currency is not the euro to consolidate their expenditure and costs in their national currency and in euro in a harmonised way, the terms under which public storage operations are recorded in their accounts and the exchange rate applicable should be specified. |
(4) |
The valuation of public storage operations also depends on the type of operations and on the applicable sectoral agricultural legislation. A general rule should therefore be established providing that the value of the quantities bought in and sold is to be equal to the sum of the payments and receipts made or to be made for physical operations, together with specific rules and special cases to be taken into consideration. |
(5) |
The measures in this Regulation replace the relevant provisions laid down in Commission Regulation (EC) No 884/2006 (2), which has been repealed by Commission Delegated Regulation (EU) No 907/2014 (3), |
HAS ADOPTED THIS REGULATION:
Article 1
Subject matter
This Regulation lays down the conditions and rules applicable to the financing by the European Agricultural Guarantee Fund (EAGF) of expenditure on intervention measures related to public storage.
Article 2
Intervention measures in the form of public storage
Intervention measures in the form of public storage may comprise buying-in, storage, transport and transfer of stocks, and the sale and disposal by other means of agricultural products under the terms laid down by the applicable sectoral agricultural legislation and by this Regulation.
Article 3
Financing of intervention expenditure incurred in the context of public storage operations
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1.In the context of the public storage operations referred to in Article 2, the EAGF shall finance the following expenditure under the heading of intervention, provided that the corresponding expenditure has not otherwise been fixed under the applicable sectoral agricultural legislation:
(a) |
the financing costs for funds mobilised by the Member States to buy in products, in accordance with the calculation methods set out in Annex... |
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