European Communities (Recovery of Amounts) Regulations 2003

Trader Notice 14/2003

To whom it may concern:

S.I No. 463 of 2003

European Communities (Recovery of Amounts) Regulations 2003

With reference to S.I. No. 463 of 2003 (copy attached), which applies from 1st October 2003, please note that this Regulation sets the interest applicable under named Commission Regulations, which include Regulations No. 2220/85 and 800/99, at a rate of 6% per annum.

Interest at that rate will be charged with effect from 1 October 2003.

______

Ronan O’Flaherty Ray Dollard

Principal Officer Principal Officer

Beef Export Refunds Division Other Market Supports Division

S. I. No. 463 of 2003

European Communities (Recovery of Amounts) Regulations 2003

I, Joe Walsh, Minister for Agriculture and Food, in exercise of the powers conferred on me by section 3 of the European Communities Act 1972 (No. 27 of 1972), and for the purposes of giving further effect to Commission Regulation (EEC) No. 2220/85 of 22 July 1985[1] as amended by Commission Regulation (EC) No. 3403/93 of 10 December 1993[2], Commission Regulation (EEC) No. 3002/92 of 16 October 1992[3] as amended by Commission Regulation (EC) No. 770/96 of 26 April 1996[4], Commission Regulation 800/1999 of 15 April 1999[5] and Commission Regulation (EC) No. 2419/2001 of 11 December 2001[6] hereby make the following Regulations:

1. These Regulations may be cited as the European Communities (Recovery of Amounts) Regulations 2003 and come into operation on the 1 October 2003.

2. In these Regulations “Minister” means Minister for Agriculture and Food.

3. The Minister shall charge interest at a rate of 6 per cent. per year for the purposes of -

(a)Article 29(3) of Commission Regulation (EEC) No. 2220/85 of 22 July 1985 as amended by Article 4 of Commission Regulation (EEC) No. 3403/93 of 10 December 1993,

(b) Article 5a(3) of Commission Regulation (EEC) No. 3002/92 of 16 October 1992 as inserted by Article 1 of Commission Regulation (EC) No. 770/96 of 26 April 1996,

(d) Article 49(3) of Commission Regulation (EC) No. 2419/2001 of 11 December 2001.

4. The Minister may avail of the following provisions –

(a)Article 29(2) of Commission Regulation (EEC) No. 2220/85 of 22 July 1985 as amended by Article 4 of Commission Regulation (EEC) No. 3403/93 of 10 December 1993,

(b)Article 5a(4) of Commission Regulation (EEC) No. 3002/92 of 16 October 1992 as inserted by Article 1 of Commission Regulation (EC) No. 770/96 of 26 April 1996,

(d) Article 49(8) of Commission Regulation (EC) No. 2419/2001 of 11 December 2001.

GIVEN under my Official Seal

30 September 2003

Joe Walsh

Minister for Agriculture and Food

Explanatory Memorandum

This Statutory Instrument sets the rules and the interest rate applicable to the recovery of amounts pursuant to Commission Regulation (EEC) No. 2220/85 of 22 July 1985 as amended by Commission Regulation (EC) No. 3403/93 of 10 December 1993, Commission Regulation (EEC) No. 3002/92 of 16 October 1992 as amended by Commission Regulation (EC) No. 770/96 of 26 April 1996, Commission Regulation 800/1999 of 15 April 1999 and Commission Regulation (EC) No. 2419/2001 of 11 December 2001.

PRN 1015

Published by the Stationary Office, Dublin

Price €0.76c

[1] OJ L 205, 3.8.1985, p.5

[2]OJL310, 14.12.1993, p. 4

[3] OJ L 301, 17.10.1992, p.17

[4] OJ L 104, 27.4.1996, p.13

[5] OJ L 102, 17.4.1999, p.11

[6] OJ L 327, 12.12.2001, p.11