Basic Payment Scheme Update August 2014 August 2014 | Page 6

NATIONAL RESERVE
On a similar basis to when the SFP
was introduced, there will be a
National Reserve. Claimants will be
able to apply for a completely new
allocation of entitlements where no
entitlements are held. Claimants will
also be able to apply for additional
entitlements if they have fewer
entitlements than eligible hectares
in 2015.
The national reserve will have two
priority categories:

• New Entrant Young Farmers

To qualify the claimant must be
setting up as the ‘head’ of an
agricultural business for the first
time, or have done so in the 5
years preceding their first BPS
application. They must also be 40
years old or less in 2015.

• Other New Entrants

The person applying must not
have carried out an ‘agricultural
activity’ before 1st January 2013.

‘YOUNG FARMER’
PAYMENT
A top-up payment of 25% on up to
90 hectares has been intro