S.L. 447.1 Art. 10AReference period.

The reference period for the calculation of the value of the marketed product, shall be of twelve months, and may be selected by the producer organisation in accordance with any of the criteria indicated in Article 53(2) of Regulation (EC) 1580/2007. The producer organisation shall ensure that such reference period coincides with the financial period as provided for under Article 53(3) of Regulation (EC) No 1580/2007. The selected reference period cannot be modified for the whole duration of the operational programme except under exceptional circumstances.