2.

Article 6 of Council Regulation (EEC) No 404/93 of 13 February 1993 on the common organisation of the market in bananas(25) shall be replaced by the following text: 1. For the five years following the date of recognition, the Member States shall grant recognised producer organisations assistance to encourage their establishment and assist with their administrative operation. 2. Such aid: shall be, for the first, second, third, fourth and fifth years respectively, 5 %, 5 %, 4 %, 3 % and 2 % of the value of production marketed under the auspices of the producer organisation, shall not exceed the actual cost of formation and administrative operation of the organisation concerned, shall be paid in annual instalments for a maximum of seven years following the date of recognition. The value of each year's production shall be calculated on the basis of: the annual volume actually marketed, the average producer prices obtained. 3. Producer organisations deriving from organisations which already comply to a large extent with the conditions of this Regulation shall qualify for aid under this Article only if they are formed as the result of a merger enabling the objectives referred to in Article 5 to be achieved more effectively. However, in such a case, the aid shall be granted only in respect of the cost of formation of the organisation (expenditure incurred in connection with the preparatory work and the drawing up of the memorandum and articles of association). 4. The aid referred to in this Article shall be notified to the Commission in a report from the Member States at the close of each financial year".

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Source: EUR-Lex (Cellar) · retrieved 2026-11-08 · Text as adopted (Official Journal); later amendments are not incorporated in this text.