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

• CELEX: Implementing Regulation (EU) 2018/1508
• Articles: 3

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.