Translation of "Clause de partage des paiements reçus des débiteurs " (French → English) :

payment sharing clause | sharing clause

sharing clause | payment sharing clause

The new rules will include value sharing clauses to be negotiated by every product sector, and give farmers the right to ask for a written contract for the first time (unless trading with SMEs); Simpler risk management tools to help farmers, including a sector-specific income stabilisation tool and improvements to insurance schemes that will allow compensation of up to 70% for farmers whose production or income is cut by at least 20%; Clearer rules governing intervention in markets, allowing the Commission to act rapidly to address market failures without having to use public intervention or private storage measures; Greater flexibili ...[+++]ty for Member States to support specific sectors of economic, social or environmental importance through voluntary coupled support, even when these sectors are not in crisis; Clearer rules on support for farmers, notably through more flexibility on the definition of active farmers and stronger incentives for young farmers, with an increase in additional payments from 25% to 50% and guaranteeing all young farmers the right to the full five-year allowance for these payments, regardless of when they apply for them within their first five years of their setting-up; Improved environmental measures including simpler rules on crop diversification and the addition of three new types of ecological focus area focused on nitrogen-fixing crops, giving farmers and national authorities more options to suit their particular circumstances.

(23) In order to guarantee the protection of the rights of beneficiaries and in order to clarify the specific situations that may arise in the application of the basic payment scheme, the power to adopt certain acts should be delegated to the Commission in respect of rules on eligibility and the access in respect of the basic payment scheme of farmers, in case of inheritance and anticipated inheritance, inheritance under a lease, change of legal status or denomination, transfer of payment entitlements and in the case of merger or scission of the holding and in case of a contract clause regarding the right to receive payment entitlements ...[+++]in the first year of allocation of payment entitlements ; rules on the calculation of the value and number or on the change in the value of payment entitlements in relation to the allocation of payment entitlements, including rules on the possibility of a provisional value and number or of a provisional increase of payment entitlements allocated on the basis of the application from the farmer, on the conditions for establishing the provisional and definitive value and number of the payment entitlements and on the cases where a sale or lease contract could affect the allocation of payment entitlements; rules on the establishment and calculation of the value and number of payment entitlements received from the national or regional reserve; rules on the modification of the unit value of payment entitlements in the case of fractions of payment entitlements and transfer of payment entitlements without land; criteria for the allocation of payment entitlements to farmers who did not receive direct payments in 2013 or pursuant to the use of the national or regional reserve; criteria for applying limitations upon the number of payment entitlements to be allocated; and criteria for setting the reduction coefficient for conversion of certain permanent grassland to eligible hectares.

interest paid or credited to an account, relating to debt claims of every kind, whether or not secured by mortgage and whether or not carrying a right to participate in the debtor's profits, and, in particular, income from government securities and income from bonds or debentures, including premiums and prizes attaching to such securities, bonds or debentures; penalty charges ...[+++] for late payments shall not be regarded as interest payments.

As a result, where a term in a contract or a practice relating to the date or period for payment, the rate of interest for late payment or the compensation for recovery costs is not justified on the grounds of the terms granted to the debtor, or it mainly serves the purpose of procuring the debtor additional liquidity at the expense of the creditor, it may be regarded as constituting such an abuse.