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Single Farm Payment Regulations

Single Farm Payment Regulations

Regulations:
European Council Regulation (EC) No. 1782/2003 established the common rules for the direct farm support schemes under the Common Agricultural Policy (CAP) Reform Agreement. Article 1 of this Regulation provides for the introduction of a Single Farm Payment (SFP) with effect from 1 January 2005. Commission Regulation (EC) 795/2004 lays down the rules for the implementation of the new scheme and Commission Regulation (EC) 796/2004 provides the rules on Cross Compliance, Modulation and the Integrated Administration and Control System (IACS).