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This Regulation prescribes the procedures for the granting, administration, and supervision of the State aid to agriculture in order to mitigate the negative impact of the spread of COVID-19. The aid to agriculture is the aid for the stabilisation of income to farmers of specific sectors of stock farming in accordance with Chapter II of this Regulation; the aid for the destroyed or donated products in accordance with Chapter III of this Regulation; and the aid for the mitigation of the difficulties caused by increase in stock costs and decrease of turnover in accordance with Chapter IV of this Regulation. The aid to agriculture shall be granted, administered, and supervised by the Rural Support Service. In accordance with this Regulation, the following potential beneficiaries (the beneficiary) shall be eligible for the the aid: micro, small, and medium-sized enterprises as defined in Annex 1 to Commission Regulation (EU) No 702/2014 of 25 June 2014 declaring certain categories of aid in the agricultural and forestry sectors and in rural areas compatible with the internal market in application of Articles 107 and 108 of the Treaty on the Functioning of the European Union; and large enterprises as defined in Article 2(26) of Commission Regulation No 702/2014.
Title:
Cabinet Regulation No. 219 of 2020 on Procedures for the Granting, Administration, and Supervision of State Aid to Agriculture in order to Mitigate the Negative Impact of the Spread of COVID-19
Country:
Latvia
Type of document:
Regulation
Date of text:
2020
Data source: