This will provide a reserve of €24,786,061.20. This is a once-off allocation and in subsequent years the
Reserve is replenished from the return of unused entitlements.
Priority for the allocation of entitlements from the Reserve is given to ‘young farmers’ and to those who
‘commence their agricultural activity’ i.e. new entrants to farming. In all cases, allocations of entitlements from the Reserve may only be given to persons who meet the definition of ‘active farmer’.
The Reserve will be used both to allocate new entitlements and to increase the unit value of existing
entitlements held by a farmer.
Definition of Young Farmer and New Entrant
A ‘young farmer’ under the National Reserve is defined in the same way as under the ‘Young Farmers
Scheme’ (see page 29).
A ‘new entrant to farming’ is defined as follows;
calendar year in which they commenced their agricultural activity
Value and Number of Entitlements to be Allocated
For eligible farmers, the National Reserve will be used both to allocate new entitlements and/or to increase the value of entitlements held by a farmer which are below the National Reserve national average entitlement value. The following criteria govern the number and value of entitlements to be allocated from the National Reserve;
National Reserve national average in the year of allocation. The National Reserve national average
may vary slightly from year to year and entitlements allocated from the Reserve may be subject to
slight modifications in subsequent years.
national average value of entitlements, the value of his entitlements will be increased to the National
Reserve national average value of entitlements (subject to the last bullet point below)
entitlements equal to the number of ‘surplus’ hectares he holds. In other words, he may be allocated entitlements to cover the hectares for which he does not hold entitlements (subject to the last bullet point below)
number and/or value of entitlements to be allocated