Council Regulation (EC) No 320/2006 (repealed)Show full title

Article 10 Financial limits

1. Any aid referred to in Articles 3, 6, 7, 8 and 9 claimed for any of the marketing years 2006/2007, 2007/2008, 2008/2009 and 2009/2010 shall be granted only within the limit of the appropriations available in the restructuring fund.

2. Where, on the basis of the applications submitted for a marketing year and found eligible by the Member State concerned, the overall amount of aid to be granted exceeds the limit for that marketing year, the granting of aid, shall be based on the chronological order of the lodging of applications for aid (‘first come, first served’ principle).

3. The aids referred to in Articles 6, 7, 8 and 9 shall be independent of the aid referred to in Article 3.

4. The restructuring aid referred to in Article 3 shall be paid in two instalments:

• 40 % in June of the marketing year referred to in Article 3(2),

  and

• 60 % in February of the following marketing year.

However, the Commission may decide to split the instalment referred to in the second of the preceding indents into two payments, as follows:

• a first payment in February of the following marketing year,

  and

• a second payment at a later date when the necessary financial resources have been paid into the restructuring fund.

5. The Commission may decide to postpone the payment of the aids referred to in Articles 6, 7, 8 and 9 until the necessary financial resources have been paid into the restructuring fund.