1.In order to achieve the objectives of the CAP as set out in the TFEU, the financing of the various measures falling under that policy, including rural development shall be made by:
(a)the European Agricultural Guarantee Fund (EAGF);
(b)the European Agricultural Fund for Rural Development (EAFRD).
2.The EAGF and the EAFRD (the "Funds") shall come under the general budget of the European Union (the Union's budget).
1.The EAGF shall be implemented in shared management between the Member States and the Union. It shall finance the following expenditure, which shall be effected in accordance with Union law:
(a)measures regulating or supporting agricultural markets;
(b)direct payments to farmers under the CAP;
(c)the Union's financial contribution to information and promotion measures for agricultural products on the internal market of the Union and in third countries, undertaken by Member States on the basis of programmes other than those referred to in Article 5 and which are selected by the Commission;
[X1(d) the Union's financial contribution to the Union School Fruit and Vegetables Scheme as referred to in Article 23 of Regulation (EU) No 1308/2013 and to the measures related to animal diseases and loss of consumer confidence as referred to in Article 220 of that Regulation.]
2.The EAGF shall finance the following expenditure in a direct manner and in accordance with Union law:
(a)promotion of agricultural products, undertaken either directly by the Commission or through international organisations;
(b)measures, taken in accordance with Union law, to ensure the conservation, characterisation, collection and utilisation of genetic resources in agriculture;
(c)the establishment and maintenance of agricultural accounting information systems;
(d)agricultural survey systems, including surveys on the structure of agricultural holdings.
Editorial Information
X1 Substituted by Corrigendum to Regulation (EU) No 1306/2013 of the European Parliament and of the Council of 17 December 2013 on the financing, management and monitoring of the common agricultural policy and repealing Council Regulations (EEC) No 352/78, (EC) No 165/94, (EC) No 2799/98, (EC) No 814/2000, (EC) No 1290/2005 and (EC) No 485/2008 (Official Journal of the European Union L 347 of 20 December 2013).
The EAFRD shall be implemented in shared management between the Member States and the Union. It shall finance the Union's financial contribution to rural development programmes implemented in accordance with the Union law on support for rural development.
The Funds may each, finance, in a direct manner, on the initiative of the Commission and/or on its behalf, the preparatory, monitoring, administrative and technical support activities, as well as evaluation, audit and inspection measures required to implement the CAP. Those measures shall include, in particular:
measures required for the analysis, management, monitoring, information exchange and implementation of the CAP, as well as measures relating to the implementation of control systems and technical and administrative assistance;
the acquisition by the Commission of the satellite images required for the checks in accordance with Article 21;
the measures taken by the Commission through remote-sensing applications used for the monitoring of agricultural resources in accordance with Article 22;
measures required to maintain and develop methods and technical means for information, interconnection, monitoring and control of the financial management of the funds used to finance the CAP;
provision of information on the CAP in accordance with Article 45;
studies on the CAP and evaluations of measures financed by the Funds, including improvement of evaluation methods and exchange of information on practices under the CAP;
where relevant, executive agencies that are set up in accordance with Council Regulation (EC) No 58/2003(1), acting in connection with the CAP;
measures relating to dissemination of information, raising awareness, promoting cooperation and exchanging experience at Union level, taken in the context of rural development, including the networking of the parties concerned;
measures required for the development, registration and protection of logos within the framework of the Union quality policies and for the protection of intellectual property rights linked to it, as well as the necessary information technology (IT) developments.
Council Regulation (EC) No 58/2003 of 19 December 2002 laying down the statute for executive agencies to be entrusted with certain tasks in the management of Community programmes (OJ L 11, 16.1.2003, p. 1).