HC Deb 27 October 1998 vol 318 cc152-3W
Mr. Gill

To ask the Minister of Agriculture, Fisheries and Food what is(a) the maximum permissible and (b) the actual or anticipated total of agrimonetary compensatory amounts paid out in 1997–98 and 1998–99. [55945]

Mr. Rooker

It is not possible to split the agrimonetary compensatory amounts into periods as specified in the question. The total amount that was available to the UK over the period in question is around £958 million, half of which could be reclaimed from the EU budget. This is broken down in the table. The bulk of this compensation was generated by green pound revaluations in 1997.

On 18 December 1997 we announced our intention to access some £85 million of this aid. Payment of this compensation has now been made, with £72.5 million of the aid resulting from the four revaluations of 1997 being paid to suckler cow producers, and £12.5 million being paid to sheep producers to compensate for the drop in their 1998 SAPS payments.

Table showing agrimonetary compensation available to the UK over the period from 1997 to date
£million
First year compensation1 Second year compensation
Trigger event Deadline for initial notification to commission Payable Eufunded Payable EU funded
Revaluation of 21 January 1997 31 January 1998 2131 265.5 87.3 43.7
Revaluation of 29 March 1997 31 March 1998 2123 261.5 82 41
Revaluation of 5 June 1997 30 June 1998 298.6 249.3 65.7 32.9
Direct Payments (arable aid) 1997 31 December 1997 53.4 26.7 nil nil
Direct Payment (flax and hemp) 1997 31 January 1998 0.4 0.2 nil nil
Revaluation of 21 August 1997 31 August 1998 2112 256 74.6 37.3
Direct payments (livestock, agri-environment and structural) for 1998 30 June 1998 237.9 219 nil nil
Revaluation of 3 May 1998 31 May 1998 1.5 0.7 0.7 0.3
Direct payments (arable aid)1998 31 December 1998 89.2 44.6 nil nil
Direct payments (flax and hemp) 1998 31 January 1999 0.9 0.5 nil nil
Sub total 647.9 310.3
Total over both periods 958.2
1 i.e. during the first 12 month period following the trigger event
2 Package of aid which was partly accessed to fund the £85 million aid to live stock producers in early 1998

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