1.The security shall be released:
either when final entitlement to the sum granted as an advance has been established;
or when the sum granted, plus any addition provided for in the specific [F1sectoral agricultural legislation], has been repaid.
2.Once the deadline for proving final entitlement to the sum granted has passed without production of evidence of entitlement, the competent authority shall immediately follow the procedure for forfeiting the security.
However, F2... evidence may still be produced after that date against partial repayment of the security.
Textual Amendments
F1Words in Art. 27(1)(b) substituted (31.12.2020 insofar as relates to common organisation of the markets and rural development measures) by The Common Agricultural Policy (Financing, Management and Monitoring Supplementary Provisions) (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/765), regs. 1, 3(15)(a); 2020 c. 1, Sch. 5 para. 1(1)
F2Words in Art. 27(2) omitted (31.12.2020 insofar as relates to common organisation of the markets and rural development measures) by virtue of The Common Agricultural Policy (Financing, Management and Monitoring Supplementary Provisions) (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/765), regs. 1, 3(15)(b); 2020 c. 1, Sch. 5 para. 1(1)