Decree No. 159 / 2004 Coll.

Government regulation on the conditions for granting and forfeiting guarantees for agricultural products

Valid Regulation Effective from 01.05.2004
159
GOVERNMENT REGULATION
of 24 March 2004
laying down closer conditions for granting and forfeiting guarantees for agricultural products
The Government orders pursuant to § 2b (2) of Act No. 252 / 1997 Coll., on Agriculture, as amended by Act No. 128 / 2003 Coll.:
§ 1
Subject matter
This Regulation regulates the detailed conditions for granting and forfeiting guarantees for agricultural products, the regulation of which is directly binding by the European Communities (1) (hereinafter referred to as the "Regulation of the European Communities') ordering or allowing the Member States of the European Union to make a separate adjustment at their discretion.
§ 2
Where a guarantee is used in the rules of the European Communities (1), this means a guarantee for the purposes of this Regulation.
§ 3
In the case of a guarantee in the form of a cash amount on behalf of the State Agricultural Intervention Fund (hereinafter referred to as "the Fund"), a bank transfer or a postal voucher shall be provided on the date on which the relevant cash amount is credited to the Fund's account.
§ 4
Failure of the guarantee
In the event of an obligation to pay interest on or part of the forfeited guarantee for a specified period (3), the amount of this interest shall be 0,1% per day.
§ 5
Efficacy
This Regulation shall enter into force on the date of the entry into force of the Treaty of Accession of the Czech Republic to the European Union.
Prime Minister:
PhDr. Špidla v. r.
Minister for Agriculture:
Ing. Palas v. r.
1) Commission Regulation (EEC) No 2220 / 1985 of 22 July 1985 laying down common detailed rules for the application of the system of securities for agricultural products, as amended by Commission Regulation (EEC) No 1181 / 1987, Commission Regulation (EEC) No 3745 / 1989, Commission Regulation (EC) No 3403 / 1993 and Commission Regulation (EC) No 1932 / 1999.
2) § 2b (1) of Act No. 252 / 1997 Coll., on Agriculture, as amended by Act No. 128 / 2003 Coll. and Act No. 85 / 2004 Coll.
3) Article 29 of Commission Regulation (EEC) No 2220 / 1985, as amended by Commission Regulation (EC) No 3403 / 1993 and Commission Regulation (EC) No 1932 / 1999.

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Regulation Information

CitationGovernment Decree No 159 / 2004 Coll., laying down closer conditions for granting and forfeiting guarantees for agricultural products
Regulation TypeRegulation
Author-
CollectionCode of Laws
Date of Promulgation09.04.2004
Effective from01.05.2004
Effective until-
Status Valid
The regulation text is for informational purposes only.
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