TITLE VU.K.FINANCIAL PROVISIONS

Article 58E+W+N.I.Resources and their distribution

[F11.Without prejudice to paragraphs 5, 6 and 7 of this Article, the core contribution to rural development under this Regulation (‘the core contribution’) for the period from 1 January 2014 to 31 December 2020 shall be EUR 5,195,417,491, in 2011 prices.]

F22.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F33.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4.The annual breakdown [F4of the core contribution] is set out in Annex I.

[F55.Funds transferred under Article 14(2) of Regulation (EU) No 1307/2013 shall be subtracted from the core contribution.]

[F66.The funds transferred to the [F7core contribution] in application of Article 136a(1) of Regulation (EC) No 73/2009 and Article 7(2) of Regulation (EU) No 1307/2013 and the funds transferred to the [F7core contribution] in application of Articles 10b, 136 and 136b of Regulation (EC) No 73/2009 in respect of calendar years 2013 and 2014 shall also be included in the annual breakdown referred to in paragraph 4 of this Article.]

[F87.In order to take account of the developments relating to the annual breakdown referred to in paragraph 4 of this Article, including the transfers referred to in paragraphs 5 and 6 of this Article and the transfers resulting from the application of Article 1 of Regulation (EU) 2020/2220, to make technical adjustments without changing the overall allocations, or to take account of any other change provided for by a legislative act after the adoption of this Regulation, the [F9Secretary of State may make regulations], to review the ceilings set out in Annex I to this Regulation.]

[F107A.The Secretary of State may not make regulations under paragraph 7 without the consent of each of the relevant authorities for Wales, Scotland and Northern Ireland.

Where the relevant authority for Wales, Scotland or Northern Ireland requests that the Secretary of State makes regulations under paragraph 7, the Secretary of State must have regard to that request.]

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Extent Information

E1This version of this provision extends to England and Wales and Northern Ireland only; a separate version has been created for Scotland only

Textual Amendments

[F12Article 58SResources and their distribution

1.Without prejudice to paragraphs 3, 5 and 7 of this Article, the core contribution to rural development under this Regulation (“core contribution”) is the amount determined by the Scottish Ministers.

2.The Scottish Ministers must determine the core contribution before the start of the relevant financial year.

3.The Scottish Ministers must include in the core contribution any funds transferred, or to be transferred, in respect of the relevant year under Articles 11(4A) and 14 of Regulation (EU) No 1307/2013.

4.When the core contribution has been determined, the Scottish Ministers must publish that amount as soon as practicable after that determination has been made.

5.The Scottish Ministers may review the core contribution determined under paragraph 2, and for that purpose may have regard to:

(a)any transfer of funds under Articles 11(4A) and 14 of Regulation (EU) No 1307/2013;

(b)any legislative change after the determination; and

(c)such other matters as they consider appropriate.

6.A review under paragraph 5 (including a further review) may be carried out before or during the relevant financial year.

7.The Scottish Ministers may adjust the core contribution after carrying out a review under paragraph 5 provided that they do so before the end of the relevant financial year.

8.When the Scottish Ministers adjust the core contribution under paragraph 7 they must publish the adjusted amount as soon as practicable after making that adjustment.

9.In this Article, “financial year” means a period of 12 months beginning with  1 April.]

Extent Information

E2This version of this provision extends to Scotland only; a separate version has been created for England and Wales and Northern Ireland only

Textual Amendments