§ Mr. Marlowasked the Minister of Agriculture, Fisheries and Food what is the sequence of payment between organisations and institutions for agricultural intervention payments and export restitution.
§ Mr. MacGregor[pursuant to his reply, 19 December 1983]: Market regulation measures under the CAP are funded partly by the United Kingdom Exchequer and partly by the guarantee section of the European agricultural guarantee and guidance fund—EAGGF—which forms part of the budget of the European Communities. The Exchequer meets 60 per cent. of the cost of beef premiums, 25 per cent. of the beef suckler cow subsidy and the initial cost of purchasing commodities taken into intervention storage and related incidental costs. EAGGF contributions, including those towards the incidental costs of intervention storage and those making up any losses sustained on sales of intervention commodities, are provided monthly to the Intervention Board for Agricultural Produce on the basis of indents submitted to the European Commission by that Department. Exchequer funds are provided to IBAP under the normal supply procedures on the basis of estimates approved by the House. There are five schemes, under which payments are made by other Government Departments, using funds transferred to them by IBAP, but all other payments are made by IBAP.