# Commission Decision of 18 December 2012 on the adoption of the Rules to ensure consistent verification of the existence and legal status of participants, as well as their operational and financial capacities, in indirect actions supported through the form of a grant under the Seventh Framework Programme of the European Community for research, technological development and demonstration activities and under the Seventh Framework Programme of the European Atomic Energy Community for nuclear research and training activities (Text with EEA relevance) (2012/838/EU, Euratom) (revoked), Division 3.2: Reasons for a concise financial analysis as a general rule

Extent: E+W+S+N.I.
Status: repealed

Given the important number of applicants whose financial capacity has to be analysed and in order to avoid unreasonable delays, a concise financial viability check is carried out. However, if the result of the concise financial viability check of a legal entity is ‘weak’, a more in-depth financial analysis shall be carried out.

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Source: https://www.legislation.gov.uk/eudn/2012/838/annex/division/2/division/3/division/3.2 (the official version)
Page: https://openlegislation.uk/eu-decision-2012-838/annex/division-2/division-3/division-3.2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.