TITLE IVRURAL DEVELOPMENT SUPPORT
CHAPTER IAXES
SECTION 1Axis 1
Improving the competitiveness of the agricultural and forestry sector
Subsection 4Conditions for transitional measures
Article 35aF1Holdings undergoing restructuring due to a reform of a common market organisation
1
Support provided for in Article 20(d)(iii) for agricultural holdings which undergo restructuring, including diversification outside agricultural activities, due to a reform of a common market organisation shall be granted to farmers whose direct payments are reduced as of 2010 by more than 25 % compared to 2009 in accordance with Regulation (EC) No 1782/2003 and who submit a business plan.
2
Progress in respect of the business plan referred to in paragraph 1 shall be assessed after twelve months.
3
The support shall be paid in the form of a degressive flat-rate aid and only in the years 2011, 2012 and 2013. The support shall be limited to the maximum amount laid down in Annex I and, in any event, shall not exceed 50 % of the reduction of direct payments compared to 2009 in accordance with Regulation (EC) No 1782/2003.