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Common Agricultural Policy: Single Farm Payment

Volume 692: debated on Thursday 24 May 2007

asked Her Majesty's Government:

Whether there is a reserve mechanism available by which moneys required for completing single farm payments in any year are held over pending the resolution of complex problems; and how any residues of such resources will be spent. [HL3585]

The timing of payment to single payment scheme claimants is dependent on the completion of validation of individual claims. However, in all cases payments are made in full regardless of whether the payment takes place before or after the end of the EU regulatory payment window. Where payments are made after the end of that window, EU funding remains available up to a level equating to 4 per cent of the value of payments made before the end of window. Once that 4 per cent “pot” is exhausted, EU funding may still be available, albeit at reduced levels, depending on how many months after the end of the window the payments are made.