Commission Regulation (EC) No 1067/2000 of 19 May 2000 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 1999

Commission Regulation (EC) No 1067/2000
of 19 May 2000
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 1999
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 1923/1999(2), and in particular Article 10 thereof,
Whereas:
(1) Article 15(1) of Council Regulation (EC) No 2200/96(3), as last amended by Regulation (EC) No 1257/1999(4), provides for the granting of Community financial assistance to producer organisations setting up operational funds. Paragraph 5 of that Article provides that from 1999, financial assistance is to be capped at 4,5 % of the value of the marketed production of each producer organisation, provided that the total financial assistance represents less than 2,5 % of the total turnover of all producer organisations.
(2) 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 1999 by producer organisations amounts to EUR 324,30 million against a total turnover of all producer organisations of EUR 12459,63 million. The ceiling for the abovementioned Community financial assistance should therefore be set at 3,6089 % of the value of marketed production of each producer organisation,