Commentary

137 Payments under management agreements

AGRICULTURE vol 2(2)
| Commentary

137 Payments under management agreements

| Commentary

137 Payments under management agreements

Payments under management agreements will be calculated in accordance with statutory guidance1. The European rules underpinning that guidance2 provide that the basis for calculating the level of payment shall take into account the income forgone, any additional costs born as a result of the commitment given, and the need to provide an incentive. Income forgone for these purposes means the net income foregone by the occupier in changing the current management regime to that required to manage the land for the benefit of nature conservation (including as appropriate the loss or availability of subsidies). It

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