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2.

Council Regulation (EC) No 1257/1999 of 17 May 1999 on support for rural development from the European Agricultural Guidance and Guarantee Fund (EAGGF) and amending and repealing certain Regulations · European Union

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.

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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.