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Document 32005R0306
Commission Regulation (EC) No 306/2005 of 24 February 2005 amending Annex I to Regulation (EC) No 138/2004 of the European Parliament and of the Council on the economic accounts for agriculture in the CommunityText with EEA relevance
Commission Regulation (EC) No 306/2005 of 24 February 2005 amending Annex I to Regulation (EC) No 138/2004 of the European Parliament and of the Council on the economic accounts for agriculture in the CommunityText with EEA relevance
Commission Regulation (EC) No 306/2005 of 24 February 2005 amending Annex I to Regulation (EC) No 138/2004 of the European Parliament and of the Council on the economic accounts for agriculture in the CommunityText with EEA relevance
IO L 52, 25.2.2005, p. 9–10
(ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, NL, PL, PT, SK, SL, FI, SV) Foilsíodh an doiciméad seo in eagrán speisialta
(BG, RO, HR)
IO L 275M, 6.10.2006, p. 156–157
(MT)
In force
25.2.2005 |
EN |
Official Journal of the European Union |
L 52/9 |
COMMISSION REGULATION (EC) No 306/2005
of 24 February 2005
amending Annex I to Regulation (EC) No 138/2004 of the European Parliament and of the Council on the economic accounts for agriculture in the Community
(Text with EEA relevance)
THE COMMISSION OF THE EUROPEAN COMMUNITIES,
Having regard to the Treaty establishing the European Community,
Having regard to Regulation (EC) No 138/2004 of the European Parliament and of the Council of 5 December 2003 on the economic accounts for agriculture in the Community (1), and in particular Article 2(2) thereof,
Whereas:
(1) |
Annex I to Regulation (EC) No 138/2004 of the European Parliament and of the Council sets out the methodology of the economic accounts for agriculture in the Community (hereinafter referred as the EAA methodology). Paragraphs 3.056 and 3.064 of that Annex provide examples of, respectively, subsidies on products and other subsidies on production, with reference to specific budget lines. Some of those references are no longer valid, and an update of both paragraphs is necessary. |
(2) |
The task of updating the EAA methodology is assigned to the Commission. |
(3) |
Regulation (EC) No 138/2004 should therefore be amended accordingly. |
(4) |
The measures provided for in this Regulation are in accordance with the opinion of the Standing Committee on Agricultural Statistics set up by Council Decision 72/279/EEC (2), |
HAS ADOPTED THIS REGULATION:
Article 1
Annex I to Regulation (EC) No 138/2004 is amended as shown in the Annex to this Regulation.
Article 2
This Regulation shall enter into force on the on the twentieth day following that of its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 24 February 2005.
For the Commission
Joaquín ALMUNIA
Member of the Commission
ANNEX
Annex I to Regulation (EC) No 138/2004 is amended as follows:
1. |
Paragraph 3.056 is replaced by the following:
(1) Subsidies on agricultural products paid to agricultural producers include any subsidy in the form of a deficiency payment to holders (i.e. in cases where general government pays the producers of agricultural products the difference between the average market prices and the guarantee prices of agricultural products)." |
2. |
Paragraph 3.064 is replaced by the following:
(2) However, when a grant serves the dual purpose of financing both the amortisation of the debt and the payment of interest on it, and when it is not possible to apportion it between the two elements, the whole of the grant is treated as an investment grant." |
(1) Subsidies on agricultural products paid to agricultural producers include any subsidy in the form of a deficiency payment to holders (i.e. in cases where general government pays the producers of agricultural products the difference between the average market prices and the guarantee prices of agricultural products).
(2) However, when a grant serves the dual purpose of financing both the amortisation of the debt and the payment of interest on it, and when it is not possible to apportion it between the two elements, the whole of the grant is treated as an investment grant.’