Commission Regulation (EC) No 845/98 of 22 April 1998 fixing, for the purposes of Regulation (EC) No 411/97, the ceiling for Community financial assistance granted to producer organisations setting up operational funds for 1997

COMMISSION REGULATION (EC) No 845/98 of 22 April 1998 fixing, for the purposes of Regulation (EC) No 411/97, the ceiling for Community financial assistance granted to producer organisations setting up operational funds for 1997
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Community,
Having regard to Commission Regulation (EC) No 411/97 of 3 March 1997 laying down detailed rules for the application of Council Regulation (EC) No 2200/96 as regards operational programmes, operational funds and Community financial assistance (1), as last amended by Regulation (EC) No 214/98 (2), and in particular Article 10 thereof,
Whereas Article 15(1) of Council Regulation (EC) No 2200/96 (3), as last amended by Commission Regulation (EC) No 2520/97 (4), provides for the granting of Community financial assistance to producer organisations setting up operational funds; whereas paragraph 5 of that Article provides that up to 1999, that financial assistance is to be capped at 4 % of the value of the marketed production of each producer organisation, provided that the total financial assistance represents less than 2 % of the total turnover of all producer organisations; whereas, as from 1999, that 4 % will be increased to 4,5 % and the percentage of the total turnover will rise from 2 % to 2,5 %;
Whereas, according to information forwarded to the Commission by the Member States pursuant to Article 10 of Regulation (EC) No 411/97, the financial assistance applied for in respect of 1997 by producer organisations amounts to ECU 199,20 million against a total turnover of all producer organisations of ECU 10 921 million; whereas the ceiling for the abovementioned Community financial assistance should therefore be set at 4 % of the value of marketed production of each producer organisation,