preamble_10

Regulation (EEC) No 729/70 of the Council of 21 April 1970 on the financing of the common agricultural policy · European Union

Whereas in accordance with Article 2 (2) of Regulation No 25, which substitutes the concept of financing by the Community for that of expenditure eligible for financing by the Fund, a new system should be established under which funds will no longer be advanced by the Member States but by the Community;

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Source: EUR-Lex (Cellar) · retrieved 2026-11-10 · Text as adopted (Official Journal); later amendments are not incorporated in this text.