Operators shall lodge a security in favour of the relevant paying agency in accordance with Section 2 of Chapter IV of Delegated Regulation (EU) No 907/2014 when:
submitting an offer or a tender for the buying-in or sale of intervention productsF1...;
[F5This Article does not apply in relation to public intervention schemes in England, otherwise than in connection with exceptional market conditions which are the subject of a declaration under section 20 of the Agriculture Act 2020, or in relation to private storage aid schemes in England.]
[F6This Article ceases to apply in relation to public intervention schemes in Scotland, otherwise than in connection with public intervention measures which the appropriate authority takes under Article 219(1) of Regulation (EU) No 1308/2013, for a period of five years beginning on 1 July 2023.
This Article ceases to apply in relation to private storage aid schemes in Scotland.]
Textual Amendments
F1Words in Art. 4(a) omitted (31.12.2020) by virtue of The Market Measures Payment Schemes (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/823), regs. 1, 5(4); 2020 c. 1, Sch. 5 para. 1(1)
F2Word in Art. 4(b) omitted (31.12.2020) by virtue of The Market Measures Payment Schemes (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/823), regs. 1, 5(4A)(a) (as inserted by S.I. 2020/1445, regs. 1(2)(a), 15(2)); 2020 c. 1, Sch. 5 para. 1(1)
F3Words in Art. 4(b) inserted (31.12.2020) by The Market Measures Payment Schemes (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/823), regs. 1, 5(4A)(b) (as inserted by S.I. 2020/1445, regs. 1(2)(a), 15(2)); 2020 c. 1, Sch. 5 para. 1(1)
F4Word in Art. 4(b) substituted (31.12.2020) by The Market Measures Payment Schemes (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/823), regs. 1, 5(4A)(c) (as inserted by S.I. 2020/1445, regs. 1(2)(a), 15(2)); 2020 c. 1, Sch. 5 para. 1(1)
F5Words in Art. 4 inserted (E.) (28.2.2023 at 9.10 a.m.) by The Market Measures Payment Schemes (Amendments, Revocation and Transitional Provision) (England) Regulations 2023 (S.I. 2023/124), regs. 1(2)(b), 8(4) (with reg. 10)