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Article 1U.K.

The financial perspective is revised as follows:

The annual ceilings for appropriations for commitments in heading 1 of table 1a, table 1b, table 2a and table 2b shall be amended as follows:

(a)

the figure for the subheading 1a ‘Common agricultural policy’ shall be reduced in 2006 by the amount corresponding to the modulation;

Reduced amounts in common agricultural policy2006
EUR million at 1999 prices– 570
EUR million at 2006 prices– 655
(b)

the figure for the subheading 1b ‘Rural development’ shall be increased in 2006 by the amount corresponding to the modulation;

Increased amounts in rural development2006
EUR million at 1999 prices+ 570
EUR million at 2006 prices+ 655