http://www.legislation.gov.uk/eur/2016/1240/article/12Commission Implementing Regulation (EU) 2016/1240 of 18 May 2016 laying down rules for the application of Regulation (EU) No 1308/2013 of the European Parliament and of the Council with regard to public intervention and aid for private storage (Text with EEA relevance)Commission Implementing Regulation (EU) 2016/1240Commission Implementing Regulation (EU) 2016/1240 of 18 May 2016 laying down rules for the application of Regulation (EU) No 1308/2013 of the European Parliament and of the Council with regard to public intervention and aid for private storage (Text with EEA relevance)King's Printer of Acts of Parliamenthttps://webarchive.nationalarchives.gov.uk/eu-exit/https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02016R1240-20180207texttext/xmlen2026-04-20Expert Participation2026-02-16 TITLE II<Strong>PUBLIC INTERVENTION</Strong>CHAPTER II<Strong><Emphasis>Buying-in of products into intervention</Emphasis></Strong>Section 3<Strong><Expanded>Buying-in via a tendering procedure</Expanded></Strong>Tendering procedureArticle 121Where the appropriate authority decides to buy-in products under Article 13(2) of Regulation (EU) No. 1308/2013 or Article 3(2) of Regulation (EU) No 1370/2013, it must publish a tendering procedure. The tendering procedure must contain, in particular, the following information:athe products covered, and:for rice, an indication of the type and variety;for beef, whether the tender is for the bought-in carcasses to be deboned or for storage without deboning;bthe period covered (‘tendering period’) and, if necessary, the different sub-periods during which the tenders can be submitted;c)in the case of a restricted tendering procedure under Article 3(3) of Regulation (EU) No. 1370/2013, the region covered.2The appropriate authority may open a tendering procedure for buying-in of beef by category or region on the basis of the two most recent weekly market prices recorded. The appropriate authority may close the tendering procedure on the basis of the most recent weekly market prices recorded.3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4With regard to rice, the tendering procedure may be restricted to specific varieties or one or more types of paddy rice, namely ‘round grain rice’, ‘medium grain rice’, ‘long grain rice A’ or ‘long grain rice B’, as defined in points (a), (b) or (c) of point I.2 of Part I of Annex II to Regulation (EU) No 1308/2013.5With regard to beef, the following rules shall apply:athe average market price by eligible category in the United Kingdom or in a region thereof shall take account of the prices for qualities U, R and O, expressed in quality R3 using the conversion coefficients set out in Part II of Annex III in the United Kingdom or the intervention region concerned;bthe average market prices shall be recorded in accordance with Commission Delegated Regulation (EU) 2017/1182 and Commission Implementing Regulation (EU) 2017/1184.;cthe average market price by eligible category in the United Kingdom or a region thereof shall be the average of the market prices for all the qualities referred to in point (b), weighted by the proportion each quality represents in the total number of slaughterings in the United Kingdom or region.The United Kingdom shall consist of two intervention regions as follows:region I: Great Britain;region II: Northern Ireland.6This 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 2020.7This 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 2023.8 This Article does not apply in relation to public intervention schemes in Wales.Words in Art. 12(1) substituted (31.12.2020) by The Agriculture (Legislative Functions) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/831), regs. 1(4)(a), 58(a)(i) (as amended by S.I. 2020/1445, regs. 1(2)(a), 16(7)); 2020 c. 1, Sch. 5 para. 1(1)Art. 12(1)(c) inserted (31.12.2020) by The Agriculture (Legislative Functions) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/831), regs. 1(4)(a), 58(a)(ii); 2020 c. 1, Sch. 5 para. 1(1)Art. 12(2) substituted (31.12.2020) by The Agriculture (Legislative Functions) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/831), regs. 1(4)(a), 58(b); 2020 c. 1, Sch. 5 para. 1(1)Art. 12(3) omitted (31.12.2020) by virtue of The Agriculture (Legislative Functions) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/831), regs. 1(4)(a), 58(c); 2020 c. 1, Sch. 5 para. 1(1)Words in Art. 12(5)(a) substituted (31.12.2020) by The Agriculture (Legislative Functions) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/831), regs. 1(4)(a), 58(d)(i)(aa); 2020 c. 1, Sch. 5 para. 1(1)Words in Art. 12(5)(a) substituted (31.12.2020) by The Agriculture (Legislative Functions) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/831), regs. 1(4)(a), 58(d)(i)(bb); 2020 c. 1, Sch. 5 para. 1(1)Words in Art. 12(5)(b) substituted (31.12.2020) by The Agriculture (Legislative Functions) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/831), regs. 1(4)(a), 58(d)(ii); 2020 c. 1, Sch. 5 para. 1(1)Words in Art. 12(5)(c) substituted (31.12.2020) by The Agriculture (Legislative Functions) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/831), regs. 1(4)(a), 58(d)(iii)(aa); 2020 c. 1, Sch. 5 para. 1(1)Words in Art. 12(5)(c) substituted (31.12.2020) by The Agriculture (Legislative Functions) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/831), regs. 1(4)(a), 58(d)(iii)(bb); 2020 c. 1, Sch. 5 para. 1(1)Art. 12(6) 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), 9(6) (with reg. 10)Art. 12(7) inserted (S.) (1.7.2023) by The Public Intervention and Private Storage Aid (Amendment and Suspension) (Scotland) Regulations 2023 (S.S.I. 2023/150), regs. 1, 9(6) (with reg. 10)Art. 12(8) inserted (W.) (16.2.2026) by The Closure of European Union Legacy Agriculture Schemes (Wales) Regulations 2026 (W.S.I. 2026/44), regs. 1(2), 10(6)