S.L. 146.4 ст. 7Advance payment of aid.

(1) The Director may decide that applications for advance payment of aid may be submitted by the individual producer or producer organisation to reach the Director by not later than the 30th September of the marketing year concerned, covering the total quantity of tomatoes delivered for processing up to the 15th September of the same year.

(2) Applications for advance payment of aid as referred to in subregulation (1) shall include the information referred to in paragraphs (a) and (b), and where applicable paragraph (c) of regulation 6.

(3) The Director shall pay the amount due in advance payment of aid as provided for in this regulation to the individual producer or the producer organisation between the 16th and 31st October of the same year in which the application for advance payment of aid was submitted, after checking the application and, in particular, taking into consideration the delivery certificates referred to in regulation 15 of the 2003 Regulations.

(4) The aid due under this regulation shall be paid in advance provided a security in the form of a bank guarantee equal to 110% of the aid is lodged with the Director. The bank guarantee must be valid for a period of six months and the Director may, at his discretion, request the extension or termination of the bank guarantee.

(5) Where it is found that the amount of advance payment of aid applied for exceeds the amount due, an amount equal to double the excess amount shall be forfeited from the security provided for in subregulation (4).

(6) Without prejudice to subregulation (5), the security provided for in subregulation (4) shall be released when the Director pays the aid, based on the application referred to in regulation 4(1).

(7) When an application for advance payment of the aid is submitted, the quantities referred to in regulation 6(d) and (f) shall be broken down into two periods, namely up to the 15th September and from the 16th September of the same year.