Storage contracts
Article 29
1. Storage contracts to be concluded before acceptance of the offer between parties making offers and the intervention agency shall be concluded for an indefinite period. Storage contracts shall take effect five weeks after the date of acceptance of the offer and shall expire at the end of the ten-day period during which removal of the quantity of sugar concerned is completed. For the purposes of this Article, ‘10-day period’ means one of the following periods of a calendar month: from the first to the 10th, from the 11th to the 20th, or from the 21st to the end of the month. 2. Storage contracts shall, in particular: (a) provide for expiry of the contract under the conditions set out in this Regulation after at least ten days' notice has been given; (b) specify the amount of the storage costs to be borne by the intervention agency. 3. The intervention agency shall bear the storage costs from the beginning of the 10-day period within which the contract takes effect as referred to in paragraph 2 until the expiry of the contract. 4. Storage costs may not exceed EUR 0,48 per tonne and per 10-day period. 5. Storage contracts shall expire at the end of the removal referred to in Article 50.