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7. For regulation 10 (young farmers) substitute—
10.—(1) For the purposes of the second sub-paragraph of Article 50(5) of the Direct Payments Regulation, where a young farmer has set up in accordance with Article 50(2)(a) of that Regulation during the relevant period, the five-year payment period referred to in the first sub-paragraph of Article 50(5) of that Regulation is to be reduced by the number of complete calendar years which have elapsed between the date of set up and the first submission of an application for a payment for young farmers.
(2) For the purposes of the payment calculation required by Article 50(6) of the Direct Payments Regulation, the number of entitlements a young farmer has activated in accordance with Article 32(1) of that Regulation must be multiplied by 25 per cent of the average value of the owned or leased-in payment entitlements held by the farmer.
(3) For the purposes of Article 50(9) of the Direct Payments Regulation, a single maximum limit of 90 hectares is applicable to the number of payment entitlements activated by a young farmer.
(4) In paragraph (1) “relevant period” means the period beginning 1st January 2010 and ending 31st December 2013.”.
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