Q: In this task, you are provided with an article about the legal acts. Your task is to generate a headline for that article.
1. The first subparagraph of Article 7 (2) of Regulation (EEC) No 1726/70 is replaced by the following:'2. The amount of the premium referred to in (1) 2 of the premium certificate shall be advanced on application by the purchaser, in accordance with one or both of the following methods of payment, as chosen by the Member State:'2. Article 7 (4) is replaced by the following:'4. Each Member State shall inform the Commission whether it has chosen to apply one or both of the methods of payment'. This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities.This Regulation shall be binding in its entirety and directly applicable in all Member States.
A:
Regulation amending Regulation (EEC) No 1726/70 on the procedure for granting the premium for leaf tobacco as regards methods of payment