Article 4

Financing decisions relating to projects or operations financed from the Community budget shall be adopted in accordance with the following procedures.

Financing decisions other than those concerning interest-rate subsidies on Bank loans, risk capital and special loans shall be adopted in accordance with the procedure laid down in Article 6.

Financing decisions relating to global credits for technical cooperation, training and trade promotion projects shall be adopted in accordance with the procedure laid down in Article 6; the Commission shall regularly inform the Committee referred to in that Article of the utilization of such global credits.

Decisions amending decisions adopted in accordance with the procedure laid down in Article 6 shall be adopted by the Commission where they do not contain any substantial amendments or additional commitments in excess of 20 % of the original commitment.

Financing decisions relating to interest-rate subsidies on Bank loans shall be adopted in accordance with the procedure laid down in Article 7.

Financing decisions relating to risk capital and loans on special terms shall be adopted in accordance with the procedure laid down in Article 8.