CHAPTER VU.K.USE OF EURO

Article 36U.K.Other amounts and prices

For prices or amounts other than those referred to in Articles 28 to 35, or amounts linked to those prices, expressed in euro F1..., or expressed in euro by a tendering procedure, the operative event for the exchange rate shall be the day on which one of the following legal acts occurs:

(a)

for purchases, when the valid offer has been received;

(b)

for sales, when the valid offer has been received;

(c)

for withdrawals of products in the fruit and vegetables sector, the day on which the withdrawal takes place;

(d)

for non-harvesting and green harvesting operations in the fruit and vegetables sector, the day on which the non-harvesting and green harvesting operation takes place;

(e)

for costs of transport, processing or public storage and for amounts allocated to studies as part of a tendering procedure, the final day for the submission of tenders;

(f)

for the recording of prices, amounts or tenders on the market, the day in respect of which the price, amount or tender is recorded;

(g)

for penalties linked to non-compliance with agricultural legislation, the date of the act of the competent authority which establishes the facts;

(h)

for turnover or amounts relating to production volumes, the start of the reference period laid down by agricultural legislation.

[F2This Article does not apply in relation to public intervention schemes in England, otherwise than in connection with exceptional market conditions which are the subject of a declaration under section 20 of the Agriculture Act 2020.]

[F3This Article ceases to apply in relation to public intervention schemes in Scotland, otherwise than in connection with public intervention measures which the appropriate authority takes under Article 219(1) of Regulation (EU) No 1308/2013, for a period of five years beginning on 1 July 2023.]

Modifications etc. (not altering text)