Early day motion · EDM 337 · 13 Feb 2001
AGRIMONETARY COMPENSATION
Tabled by Mr Patrick Nicholls (Conservative)
15 signatures
The motion
That this House notes that, until April 2001, ú200 million of EU funds are available to United Kingdom farmers under the agrimonetary compensation scheme; is aware that a failure on the part of Her Majesty's Government to claim this money would have a catastrophic effect on an industry which has already suffered a 90 per cent. fall in incomes over the past five years; is concerned that the savings, made by the Government through the effect of exchange rates on payouts on certain agricultural subsidies, are not redirected into the farming industry; notes further that ú55 million will be recouped on the Sheep Annual Premium Scheme alone; and calls on Her Majesty's Government to bid for the ú200 million before the European Commission's deadline in April 2001.
Source: the official Early Day Motions database.