Commission Regulation (EU) No 124/2011

of 11 February 2011

fixing the amount of private storage aid for certain fishery products in the 2011 fishing year

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Council Regulation (EC) No 104/2000 of 17 December 1999 on the common organisation of the markets in fishery and aquaculture products1,
Having regard to Commission Regulation (EC) No 2813/2000 of 21 December 2000 laying down detailed rules for the application of Council Regulation (EC) No 104/2000 as regards the grant of private storage aid for certain fishery products2, and in particular Article 1 thereof,

Whereas:

(1)

Private storage aid should not exceed the sum of technical and financial costs recorded in the Union during the fishing year preceding the year in question.

(2)

To discourage long-term storage, to shorten payment times and to reduce the burden of controls, private storage aid should be paid in one single instalment.

(3)

In order not to hinder the operation of the intervention system in the year 2011, this Regulation should apply retroactively from 1 January 2011.

(4)

The measures provided for in this Regulation are in accordance with the Management Committee for Fishery Products,

HAS ADOPTED THIS REGULATION: