Division Article 19 Resources

The resources of Euro-Argo ERIC shall be decided by the Council in accordance with Article 15(2) and may be comprised of:

1. (a)

   Annual Member and Observer subscriptions;

2. (b)

   Additional contributions from the Members or Observers;

3. (c)

   Remuneration for services provided by Euro-Argo ERIC to third parties and by royalties or income derived from the exploitation by third parties of intellectual property rights owned and/or licensed by Euro-Argo ERIC;

4. (d)

   Grants for specific Euro-Argo ERIC activities in accordance with Title VI of Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council^f1;

5. (e)

   Other Grants; and

6. (f)

   Additional resources received either in kind or in cash within limits and under terms approved by the Council.