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3. In regulation 2(1) (interpretation) of the principal Regulations–
(a)after the definition of “beneficiary” there shall be inserted–
““Commission Regulation” means Commission Regulation (EC) No. 746/96(1) laying down detailed rules for the application of the Council Regulation;
“Council Regulation” means Council Regulation (EEC) 2078/92(2) on agricultural production methods compatible with the requirements of the protection of the environment and the maintenance of the countryside as last amended by Commission Regulation (EC) No. 2772/95(3);”; and
(b)after the definition of “landscape feature” there shall be inserted–
““LIBOR” means the sterling three month London interbank offered rate;”.
OJ No.L102 25.4.96, p.19.
OJ No.L215 30.7.92, p.85.
OJ No. L288 1.12.95, p.35.
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