Article 1

1. The European Agricultural Guidance and Guarantee Fund (hereinafter called the "Fund") shall form part of the general budget of the European Communities. It shall comprise two sections: the Guarantee Section, the Guidance Section. 2. The Guarantee Section shall finance: refunds on exports to third countries; intervention intended to stabilise the agricultural market; rural development measures outside Objective 1 programmes except the rural development Community initiative; the Community's financial contribution towards specific veterinary measures, inspection measures in the veterinary field and programmes for the eradication and monitoring of animal diseases (veterinary measures) as well as towards plant health measures; measures intended to provide information on the common agricultural policy and certain evaluation actions of measures financed by the Guarantee Section of the Fund. 3. The Guidance Section shall finance rural development measures which are not covered by paragraph 2, point (c). 4. Expenditure relating to administrative costs and personnel borne by Member States and by recipients of aid from the Fund shall not be taken over by the Fund.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-09 · Text as adopted (Official Journal); later amendments are not incorporated in this text.