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TITLE IIIPRODUCER ORGANISATIONS

CHAPTER IIOperational funds and operational programmes

Section 3Operational Programmes

Article 68Operational programmes’ format

1.Operational programmes shall be implemented in annual periods running from 1 January to 31 December.

2.Operational programmes approved on 15 December at the latest shall be implemented from 1 January of the following year.

The implementation of programmes approved after 15 December shall be postponed for one year.

By way of derogation from the first and second subparagraphs of this paragraph, where the third subparagraph of Article 65(2) or the second subparagraph of Article 66(3) apply, the implementation of operational programmes approved in accordance with those provisions shall start not later than 31 January following their approval.