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Council Regulation (EC) No 2799/98 (repealed)Show full title

Council Regulation (EC) No 2799/98 of 15 December 1998 establishing agrimonetary arrangements for the euro (repealed)

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ANNEX

1.The flat-rate income loss referred to in Article 4(2) of the Regulation is to be equal to:

(a)

the sum of 1 %:

  • of final agricultural production of cereals including rice, sugar beet, milk and milk products and beef and veal, and

  • of the value of the quantities of products supplied under a contract imposing, in accordance with Community rules, a minimum price to the producer, for products not referred to in the first indent, and

  • of aid or premiums paid to farmers, with the exception of those referred to in Article 5 of the Regulation;

(b)

after subtraction of:

  • 0,5 % of the value of intermediate consumption in the form of animal feed, and

  • the impact on tax of the reduction in gross value added at market prices resulting from the operations concerning point (a) and the preceding indent, and

  • a deduction corresponding to 1 % of forecast EAGGF expenditure on the following items:

    • the full amount of flat-rate per hectare aid,

    • half the amount of structural or environmental aid, and

  • 130 % of sheepmeat and goatmeat premiums.

2.The amounts referred to in the second and third indents of point l(a) are not to be taken into account when their sum is less than 0,01 % of the final agricultural production of the relevant Member State in the product sector concerned.

For the purposes of this Regulation, the product sectors correspond to the statistical aggregates identified in the economic accounts for agriculture, drawn up by Eurostat, or to groups of those aggregates, as listed below:

1.

Cereals and rice

2.

Sugar beet

3.

Milk and milk products

4.

Beef/veal

5.

Oilseeds and olive oil

6.

Fresh fruit and vegetables

7.

Potatoes

8.

Wines and musts

9.

Flowers and nursery plants

10.

Pigmeat

11.

Sheepmeat and goatmeat

12.

Eggs and poultry

13.

Other.

3.The flat-rate income loss is to be determined on the basis of information relating to:

(a)

the economic accounts for agriculture available from Eurostat for the last calendar year ending before the date of appreciable revaluation, for the first indent of point 1(a) and the first and second indents of point 1(b);

(b)

the budget outturn, or, failing that, the budgets or draft budgets or preliminary draft budgets relating to:

  • income for the year referred to in (a), for the second and third indents of point 1(a),

  • the budget year beginning during the marketing year for cereals in which the appreciable revaluation occurred, for the third indent of point 1(b).

For the purposes of applying point 2 in marginal cases, consideration of the information referred to in point (a) above will take account of the relevant figures for the preceding two years also.

4.The aid referred to in Article 5(1) of the Regulation will be calculated as a function of the data referred to in the first indent of point 3(b) of this Annex.

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