Article 7 Reduction in Community financial contribution
United Kingdom
1.
If there is evidence that the measures laid down in Annex I have not been completed in an appropriate way by 31 March 2007 at the latest, the rate of Community financial contribution relating to the part of the eligible expenditure concerned by this late execution shall be reduced to a level specified in the following table:
| Number of days of delay starting from 1 April 2007 | Rate of Community financial contribution |
|---|---|
| 1-15 | 60 % |
| 16-30 | 50 % |
| 31-60 | 25 % |
| 61 or more | 0 % |
2.
Without prejudice to paragraph 1, failure to submit the request for payment and the accompanying reports provided for in Article 4(b) by 31 August 2007 at the latest, shall result in a 25 % reduction in the Community financial contribution per calendar month of delay.