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Decision

85/642/EEC: Commission Decision of 23 December 1985 on the improvement of the efficiency of agricultural structures in Denmark pursuant to Council Regulation (EEC) No 797/85 (Only the Danish text is authentic)

CELEX
Regulation (EEC) No 797/85
Date of document
Articles
2
Source
EUR-Lex
Article 1

1. Law No 150 of 17 April 1985 and Ministry of Agriculture Order No 216 of 30 May 1985 on government guarantees and interest subsidies for loans to young farmers, as notified by the Danish Government in accordance with Article 24 (4) of Regulation (EEC) No 797/85, satisfy the conditions, for a financial contribution from the Community.

2. The contribution referred to in paragraph 1:

- shall be granted only on the value of the capital subsidy within the meaning of Article 7 (1) of Regulation (EEC) No 797/85 accruing from the loan actually made to a young farmer and shall be granted only on that part of such subsidy which does not exceed 15 000 ECU,

- shall not be granted in cases arising from the application of Article 2 (3) or Article 11 (2) of Law No 150 of 17 April 1985,

- shall be granted only in cases where the beneficiaries satisfy the conditions relating to the volume of work required on the holdings concerned as laid down in Article 7 (1) of Regulation (EEC) No 797/85.

Article 2

This Decision is addressed to the Kingdom of Denmark.

Done at Brussels, 23 December 1985.

For the Commission

Frans ANDRIESSEN

Vice-President

(1) OJ No L 93, 30. 3. 1985, p. 1.

2 articles

Cite this act

85/642/EEC: Commission Decision of 23 December 1985 on the improvement of the efficiency of agricultural structures in Denmark pursuant to Council Regulation (EEC) No 797/85 (Only the Danish text is authentic) (EUR-Lex). Retrieved via LawPlayer, https://lawplayer.com/eu/act/31985D0642

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