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Council Regulation (EC) No 1257/1999 (repealed)Dangos y teitl llawn
Council Regulation (EC) No 1257/1999 of 17 May 1999 on support for rural development from the European Agricultural Guidance and Guarantee Fund (EAGGF) and amending and repealing certain Regulations (repealed)
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Changes over time for: CHAPTER I
Version Superseded: 01/01/2007
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CHAPTER IU.K.INVESTMENT IN AGRICULTURAL HOLDINGS
Article 4U.K.
Support for investment in agricultural holdings shall contribute to the improvement of agricultural incomes and of living, working and production conditions.
Such investment shall pursue one or more of the following objectives:
to reduce production costs,
to improve and redeploy production,
to increase quality,
to preserve and improve the natural environment, hygiene conditions and animal welfare standards,
to promote the diversification of farm activities.
Article 5U.K.
[F11.] Support for investment shall be granted to agricultural holdings:
the economic viability of which can be demonstrated,
which comply with minimum standards regarding the environment, hygiene and animal welfare, and
where the farmer possesses adequate occupational skill and competence.
[F12. The conditions for support for investment laid down in paragraph 1 must be fulfilled at the time when the individual decision to grant support is taken.
3. Where investments are made in order to comply with newly introduced minimum standards relating to the environment, hygiene, and animal welfare, support may be granted in order to comply with the new standards. In such cases, a period of grace may be provided to farmers to meet these minimum standards where time is needed to solve specific problems involved in complying with such standards. The farmer shall comply with the relevant standards by the end of the investment period.]
Textual Amendments
Article 6U.K.
Support shall not be granted for investment which has as its objective an increase in production for which no normal market outlets can be found.
Article 7U.K.
Member States shall set limits for total investment eligible for support.
[F2The total amount of support, expressed as a percentage of the volume of eligible investment, is limited to a maximum of 40 % and 50 % in less-favoured areas.]
[F1Where investments are undertaken by young farmers, as referred to in Chapter II, these percentages may reach a maximum of 50 % and 60 % in less-favoured areas during a period not exceeding five years from the setting up. The age condition laid down in the first indent of Article 8(1) must be met at the time of setting up.]
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