Commission Implementing Regulation (EU) 2016/1240Show full title

Article 48 U.K. Contractual storage period

1. The contractual storage period starts on the day following:

(a) the date of the notification referred to in Article 44(3), or the date of receipt of an admissible application without prejudice to Article 45(1), for products already placed in storage;

(b) the date that placing into storage is considered completed in accordance with Article 47(3) for products which are not yet stored.

2. The last day of the contractual storage period may be fixed in the [F1 published tendering procedure or the Regulations] fixing the amount of aid for private storage in advance, as referred to in Article 39(1)(f).

By way of derogation from Article 3(4) of Council Regulation (EEC, Euratom) No 1182/71(1), when the last day of the contractual storage period falls on Saturday, Sunday or a public holiday, the contractual storage period shall end with the expiry of the last hour of that day.

Textual Amendments

F1 Words in Art. 48(2) substituted (31.12.2020) by The Market Measures Payment Schemes (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/823), regs. 1, 6(28); 2020 c. 1, Sch. 5 para. 1(1)

(1)

Council Regulation (EEC, Euratom) No 1182/71 of 3 June 1971 determining the rules applicable to periods, dates and time limits (OJ L 124, 8.6.1971, p. 1).