Article 4 Financial provisions and funding conditions
United Kingdom
The beneficiaries of Community support taking part in implementing the actions set out in the Annex shall provide a substantial proportion of the funding. Community funding shall not exceed 50 % of the cost of operations. However, in the cases expressly provided for in the Annex, this proportion may be as much as 60 % of the cost of operations.
The beneficiaries of Community support shall ensure that in principle a majority of the participants in a training measure, nationals of States participating in the programme, are of a nationality other than that of the beneficiary's country. To that end, support to facilitate participation by professionals from different linguistic areas may be included in Community funding for the training measure.
The Commission shall ensure that, as far as possible, an appropriate proportion of the funding annually available, to be determined in accordance with the procedure laid down in Article 6(2), is reserved for new activities.
Community funding shall be determined according to the costs and nature of each project planned.
The financial framework for the implementation of this programme for the period referred to in Article 1 is hereby set at F2EUR 59,4 million .
The annual appropriations shall be authorised by the budgetary authority within the limits of the financial perspective.
Annotations
Textual amendments
- F1
- F2