SPS

E649520

SPS refers to the Single Payment Scheme, an agricultural subsidy system used in the European Union to provide income support to farmers through decoupled direct payments.

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Observed surface forms (1)

Surface form Occurrences
Single Payment Scheme 0

Statements (43)

Predicate Object
instanceOf European Union agricultural policy instrument
agricultural subsidy system
abbreviation SPS NERFINISHED
administeredBy national paying agencies of EU member states
aimsTo separate farm income support from production levels
appliesTo European Union member states NERFINISHED
appliesToSector agriculture
basedOn historical entitlements
belongsToCategory European Union law NERFINISHED
agricultural economics
farm subsidies
beneficiary eligible farmers in the European Union
componentOf first pillar of the Common Agricultural Policy
conditionedOn activation of payment entitlements with eligible hectares
country European Union
fundedBy European Agricultural Guarantee Fund NERFINISHED
hasFeature cross-compliance requirements
decoupling of support from specific crops
modulation of payments
hasType decoupled direct payment
implementedFrom 2005
introducedIn 2003
largelyReplacedBy Basic Payment Scheme NERFINISHED
legalBasis Council Regulation (EC) No 1782/2003 NERFINISHED
monitoredBy European Commission NERFINISHED
partOf Common Agricultural Policy NERFINISHED
paymentForm annual direct payment
phasedOutFrom 2015
policyObjective comply with World Trade Organization rules
reduce production distortions
support farm incomes
purpose income support to farmers
reformedBy Health Check of the Common Agricultural Policy in 2008 NERFINISHED
relatedTo Basic Payment Scheme NERFINISHED
Common Agricultural Policy reform of 2003 NERFINISHED
direct payments to farmers in the European Union
replaced most coupled direct payment schemes under the Common Agricultural Policy
requires cross-compliance with animal welfare standards
cross-compliance with environmental standards
cross-compliance with food safety standards
cross-compliance with plant health standards
standsFor Single Payment Scheme NERFINISHED
usesInstrument payment entitlements

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.