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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/Territory
Latvia
Document type
Regulation
Date
2020
Source
FAO, FAOLEX
Original source
Latvijas Vēstnesis, 75C, 17.04.2020.
Subject
Agricultural & rural development, Forestry, General
Keyword
Agricultural development Subsidy/incentive Financial agricultural measures Fiscal and market measures Hazards Agricultural commodities Cooperative/producer organization Farming Business/industry/corporations Internal trade
Geographical area
Europe, Europe and Central Asia, European Union Countries, Northern Europe
Abstract

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.

Full text
English/Latvian
Website
likumi.lv

References - Legislation

Implements

Law on Agriculture and Rural Development (2004)

Legislation | Latvia | 2004 (2007)

Keyword: Agricultural development, Agricultural commodities, Credit, Subsidy/incentive, Basic legislation, Rural employment, Youth, Sustainable development, Business/industry/corporations, Tax/levy, Allocation/quota, Internal trade, International trade, Cooperative/producer organization

Source: FAO, FAOLEX

Commission Regulation (EU) No. 702/2014 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.

Legislation | European Union | 2014

Keyword: Subsidy/incentive, Agricultural development, Research, Agro-forestry, Hazards, Climate change, Liability/compensation, Cultural heritage, Forest management/forest conservation

Source: FAO, FAOLEX