If economic sectors create special private funds (guarantee funds) earmarked to cover storage costs and counteract price volatility, these must be administered by a private entity and separately from its own assets.
The EAER is required to authorise the formation, administration, changes to and closure of a guarantee fund and the statutes of the administering private entity.
If, pursuant to the compulsory stockpiling contract, a stockpiling company is required to participate in the establishment of a guarantee fund and become a member of the administering entity, the latter is obliged to admit the stockpiling company as a member.
Companies that are exempt from the obligation to hold compulsory stocks under Article 8 paragraph 3 must participate in the establishment of a guarantee fund similar to the other companies.
It is not permitted to levy guarantee fund contributions on domestically produced foodstuffs, feedstuffs, seeds or plants.
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