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CHAPTER 3U.K.ALLOCATION OF PAYMENT ENTITLEMENTS

Section 3U.K.Allocation of payment entitlements within the national reserve

Article 20U.K.Transfer of leased land

1.A farmer who received, [F1by transfer, either by sale or by lease for six or more years, free of charge or at a symbolic price] or by way of actual or anticipated inheritance, a holding or part of a holding, that was leased to a third person during the reference period, from a farmer who retired[F2 from agricultural activity]or died before the date for lodging an application under the single payment scheme in its first year of application, shall receive payment entitlements calculated by dividing a reference amount, established by the Member State, in accordance with objective criteria and in such a way as to ensure equal treatment between farmers and to avoid market and competition distortion, by a number of hectares not higher than the number of hectares of the holding or part of the holding he received.

2.Farmers referred to in paragraph 1 shall be any person who may receive the holding or part or the holding referred to in paragraph 1, by way of actual or anticipated inheritance.