Dáil Éireann Debate, Thursday - 26 March 2015
145. Deputy Brendan Griffin asked the Minister for Agriculture, Food and the Marine the reason the value of entitlements has been reduced in respect of a person (details supplied) in County Kerry; and if he will make a statement on the matter. [12502/15]
View answerAs of the 2014 Scheme Year, no modulation was applied to payments received under the Single Payment Scheme. However, as the national ceiling available to Ireland was reduced proportionately, a linear reduction was applied to the value of all Single Payment entitlements so as to bring their total value into line with the national ceiling that was available for the 2014 Scheme Year.
The person named held 93.53 entitlements at the start of the 2014 Scheme year and a linear reduction of €13.94 was applied to each of these entitlements reducing their net unit value from €132.87 to €118.93. Also, the person named transferred 17.50 entitlements by way of sale for the 2014 Scheme Year leaving him with a balance of 76.03 entitlements at a net unit value of €118.93 each for the 2014 Scheme Year.
