This flexibility given to farmers comes at a time when they may be investing to take advantage of the post-quota environment.
The amendment to Regulation (EC) No 595/2004 laying down the rules on dairy surplus levy was published today in the Official Journal and will enter into force on Monday 30 March 2015. Member States facing superlevy and choosing to provide their national producers with this possibility will have to indicate the number of beneficiaries under the scheme and the amount not yet recovered every year until the end of 2017.
The first yearly payment shall be made by 30 September 2015.