Access to European Union law
<a href="https://eur-lex.europa.eu/content/help/eurlex-content/experimental-features.html" target="_blank">More about the experimental features corner</a>
Choose the experimental features you want to try
EUR-Lex
Access to European Union law

This document is an excerpt from the EUR-Lex website

You are here
Use quotation marks to search for an "exact phrase". Append an asterisk (*) to a search term to find variations of it (transp*, 32019R*). Use a question mark (?) instead of a single character in your search term to find variations of it (ca?e finds case, cane, care).
Search tips
Need more search options? Use the Advanced search

Document 32018R1508

Commission Implementing Regulation (EU) 2018/1508 of 10 October 2018 fixing the depreciation coefficient to be applied when buying in skimmed milk powder under public intervention in the 2019 accounting year

C/2018/6514

OJ L 255, 11.10.2018, p. 12–13 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

Legal status of the document In force

ELI: http://data.europa.eu/eli/reg_impl/2018/1508/oj

Date of document:
10/10/2018; Date of adoption
Date of effect:
01/10/2018; Application See Art 3
Date of effect:
14/10/2018; Entry into force Date pub. +3 See Art 3
Date of end of validity:
No end date
Author:
European Commission, Directorate-General for Agriculture and Rural Development
Responsible body:
AGRI
Form:
Implementing regulation
Treaty:
Treaty on the Functioning of the European Union
Legal basis:
Link
Link
Link
Select all documents mentioning this document
Instruments cited:
Link

11.10.2018   

EN

Official Journal of the European Union

L 255/12

COMMISSION IMPLEMENTING REGULATION (EU) 2018/1508

of 10 October 2018

fixing the depreciation coefficient to be applied when buying in skimmed milk powder under public intervention in the 2019 accounting year

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Regulation (EU) No 1306/2013 of the European Parliament and of the Council of 17 December 2013 on the financing, management and monitoring of the common agricultural policy and repealing Council Regulations (EEC) No 352/78, (EC) No 165/94, (EC) No 2799/98, (EC) No 814/2000, (EC) No 1290/2005 and (EC) No 485/2008 (1), and in particular Article 20(4) thereof,

After consulting the Committee on the Agricultural Funds,

Whereas:

(1)

Article 3(1)(e) of Commission Delegated Regulation (EU) No 906/2014 (2) provides for the financing of the depreciation of agricultural products stored in public intervention.

(2)

Points 1, 2 and 3 of Annex V to Delegated Regulation (EU) No 906/2014 lay down the method for calculating the depreciation percentage, which is to be applied in the form of a coefficient. The depreciation percentage at the time of the buying in of the agricultural products must not exceed the difference between the buying in price and the estimated disposal price for each of the products concerned. That percentage is to be fixed for each product before the beginning of each accounting year. The Commission may also restrict the depreciation at the time of buying in to a fraction of that depreciation percentage, but that fraction may not be less than 70 % of the overall depreciation.

(3)

The coefficient for skimmed milk powder to be applied by the Member States to the monthly buying in values in the 2019 accounting year should therefore be fixed.

(4)

In the interest of a sound management of the expenditure financed by the European Agricultural Guarantee Fund, the Commission should be notified of the expenditure resulting from the application of the depreciation coefficients,

HAS ADOPTED THIS REGULATION:

Article 1

In respect of skimmed milk powder which is bought in under public intervention and is stored or taken over by Member States between 1 October 2018 and 30 September 2019, Member States shall apply a depreciation coefficient of 0,21 to the value of the skimmed milk powder bought in every month.

Article 2

Member States shall notify the Commission of the expenditure amounts resulting from the application of the depreciation coefficients provided for in Article 1 of this Regulation through the declarations of expenditure established in accordance with Commission Implementing Regulation (EU) No 908/2014 (3).

Article 3

This Regulation shall enter into force on the third day following that of its publication in the Official Journal of the European Union.

It shall apply from 1 October 2018.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 10 October 2018.

For the Commission

The President

Jean-Claude JUNCKER

(1)   OJ L 347, 20.12.2013, p. 549.

(2)  Commission Delegated Regulation (EU) No 906/2014 of 11 March 2014 supplementing Regulation (EU) No 1306/2013 of the European Parliament and of the Council with regard to public intervention expenditure (OJ L 255, 28.8.2014, p. 1).

(3)  Commission Implementing Regulation (EU) No 908/2014 of 6 August 2014 laying down rules for the application of Regulation (EU) No 1306/2013 of the European Parliament and of the Council with regard to paying agencies and other bodies, financial management, clearance of accounts, rules on checks, securities and transparency (OJ L 255, 28.8.2014, p. 59).

Top