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Transfer of Farm Entitlements

  • 19-01-2015 3:13pm
    #1
    maithancailin
    Registered Users, Registered Users 2 Posts: 49 ✭


    can anyone tell me when F E became separate from the lands as in when it was introduced that you could sell or lease them separate to the land?

    thanks!


Comments

  • #2
    LivInt20
    Registered Users, Registered Users 2 Posts: 491 ✭✭LivInt20


    All entitlements wiped out on the 1st Jan 2015.

    Being replaced with Basic Payment Scheme.


  • #3
    maithancailin
    Registered Users, Registered Users 2 Posts: 49 ✭maithancailin


    LivInt20 wrote: »
    All entitlements wiped out on the 1st Jan 2015.

    Being replaced with Basic Payment Scheme.

    Thanks I'm aware of this, my query is when F E became separate from the land for trading. this is an example of a Q:

    In a Will, farmland was left to X and the Farm Entitlements were left to Y as residue of the estate. X claims the F E should be with the lands and not separated. Can Y transfer or sell the entitlements to X ??


  • #4
    LivInt20
    Registered Users, Registered Users 2 Posts: 491 ✭✭LivInt20


    maithancailin wrote: »
    Thanks I'm aware of this, my query is when F E became separate from the land for trading. this is an example of a Q:

    In a Will, farmland was left to X and the Farm Entitlements were left to Y as residue of the estate. X claims the F E should be with the lands and not separated. Can Y transfer or sell the entitlements to X ??

    This is a case where the will should have stated that the entitlements are left to X.

    Entitlements are an asset and need to be specified in all wills as to who they are left to. Otherwise they as part of the residue of the estate.

    My understanding is that they were always separate and could always be traded as with any asset.

    On 31 December 2014, all the SFP entitlements will be extinguished. Farmers will be allocated new basic payment entitlements when they submit their basic payment application on 15 May 2015

    http://www.farmersjournal.ie/explaining-the-new-basic-payment-scheme-170256/


  • #5
    Charliebull
    Registered Users, Registered Users 2 Posts: 3,456 ✭✭✭Charliebull


    under the old scheme, he could transfer the entitlements,

    im not so sure now under the new one or even if those entitlements still exist

    teagasc is your best bet


  • #6
    einn32
    Registered Users, Registered Users 2 Posts: 1,045 ✭✭✭einn32


    In the basic payment system entitlements that need to be transferred can take place in 2015. E.g inheritance. In 2016 entitlements can be transferred with or without land etc.


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