# Decision No 778/2013/EU of the European Parliament and of the Council of 12 August 2013 providing further macro-financial assistance to Georgia, Division (b)


The decision to provide a loan should specify the amount, the maximum average maturity and the maximum number of instalments of the macro-financial assistance. If the decision includes a grant element, it should also specify the amount, and the maximum number of instalments. The decision to provide a grant should be accompanied by a justification for the grant (or grant element) of assistance. In both cases, the period during which the macro-financial assistance is available should be defined. As a rule, that availability period should not exceed three years. When submitting a proposal for a new decision to grant macro-financial assistance, the Commission should provide the information referred to in point 12(c).

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Source: https://www.legislation.gov.uk/eudn/2013/778/attachment/1/division/PART B -/division/7./division/(b) (the official version)
Page: https://openlegislation.uk/eu-decision-2013-778/attachment-1/division-PART B -/division-7./division-(b)
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.