S.I. No. 463/2003 - 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 19851 as amended by Commission Regulation (EC) No. 3403/93 of 10 December 19932 , Commission Regulation (EEC) No. 3002/92 of 16 October 19923 as amended by Commission Regulation (EC) No. 770/96 of 26 April 19964 , Commission Regulation 800/1999 of 15 April 19995 and Commission Regulation (EC) No. 2419/2001 of 11 December 20016 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, | ||||
(c) Article 52(1) of Commission Regulation 800/1999 of 15 April 1999, and | ||||
(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, | ||||
(c) Article 52(3) of Commission Regulation 800/1999 of 15 April 1999, | ||||
(d) Article 49(8) of Commission Regulation (EC) No. 2419/2001 of 11 December 2001. | ||||
| ||||
|
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. | ||||
