Regulation 12 Amendment of Commission Implementing Regulation (EU) No. 964/2014I1

England and Wales

(1)

Commission Implementing Regulation (EU) No. 964/2014 laying down rules for the application of Regulation (EU) No. 1303/2013 of the European Parliament and of the Council as regards standard terms and conditions for financial instruments, is amended, insofar as it relates to domestic support for rural development, as follows.

(2)

In Article 1A, omit “and support under Regulation 508/2014”.

(3)

In Article 3(1), omit the words from “or support under Regulation 508/2014” to the end.

(4)

In Article 4—

(a)

in paragraph 1, omit “or, if applicable, the fund of funds manager”;

(b)

in paragraph 2, omit the final sentence;

(c)

in paragraph 4—

(i)

omit “fund of funds manager and the”;

(ii)

omit “fund of funds manager or of the”.

(5)

In Article 5—

(a)

in paragraph 1, omit “which shall contain the terms and conditions in accordance with Annex I.”;

(b)

in paragraph 2, omit point (a).

(6)

Omit Article 6(2).

(7)

Omit Article 7(2).

(8)

Omit Article 8(3).

(9)

In Article 8a—

(a)

in paragraph 1—

(i)

for “small and medium-sized enterprises (SMEs)” substitute “businesses”;

(ii)

for “investments in SMEs” substitute “investments in businesses”;

(b)

omit paragraph 2.

(10)

Omit Annexes I to V.

Annotations

Commencement

I1: Reg. 12 in force at 26.3.2021, see reg. 1(2)