DEDUCTIONS FROM ENTITLEMENTS
The value of your entitlements may be subject to certain reductions. These are:
• a percentage reduction from each entitlement if the sum of individual entitlements exceeds the financial ceiling for Scotland;
• a reduction of up to 3% from each entitlement to establish a National Reserve - the exact percentage reduction has not yet been decided;
• a reduction for modulation - the intention is to increase the total rate ( EU and national) to at least 10% by the end of 2007;
• a reduction of up to 10% from the component of entitlements derived from beef subsidies during the reference period to finance the national envelope for the beef sector.