Common Agricultural Policy Financing Regulation
Regulation (EEC) No 729/70 of the Council of 21 April 1970 on the financing of the common agricultural policy
- Stage
- No longer in force
- Procedure
- Regulation
- Last activity
- 18 May 1970
Delegated and implementing acts beneath it
By status: 27 published.
Titles link to EUR-Lex where the act has been published.
Summary
GeneratedRegulation 729/70 sets up the European Agricultural Guidance and Guarantee Fund within the Community budget, with a Guarantee Section for export refunds and market intervention and a Guidance Section for structural measures. Its financing system applies to expenditure from 1 January 1971. Member States designate paying bodies, report to the Commission and recover irregular payments.
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