TITLE IIPUBLIC INTERVENTION

CHAPTER IIBuying-in of products into intervention

Section 6Price adjustments and payments

Article 26Price adjustments for cereals and rice

1

The price adjustment as provided for in Articles 2(2) and 3(4) of Regulation (EU) No 1370/2013 shall be made in accordance with:

a

Parts V and VI of Annex I to this Regulation in the case of cereals;

b

Part II of Annex II to this Regulation in the case of rice.

2

If the paying agency takes over and stores cereals and rice at the storage place in accordance with Article 22(2), a reduction of EUR 5/tonne shall be made to the buying-in price.

F13

This 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.

F24

This 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.