PART IIINTERNAL MARKET

TITLE IMARKET INTERVENTION

CHAPTER IPublic intervention and aid for private storage

Section 2Public intervention

Article 15Public intervention price

1

Public intervention price means:

a

the price at which products shall be bought in under public intervention where this is done at a fixed price; or

b

the maximum price at which products eligible for public intervention may be bought in where this is done by tendering.

2

The measures on fixing the level of the public intervention price, including the amounts of increases and reductions, shall be taken by the Council in accordance with Article 43(3) TFEU.