# Commission Regulation (EC) No 1419/2004 of 4 August 2004 on the continuation of the application of the Multiannual Financing Agreements and the Annual Financing Agreements concluded between the European Commission, representing the European Community, on the one hand and the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia on the other, and providing for certain derogations from the Multiannual Financing Agreements and from Council Regulation (EC) No 1266/1999 and Regulation (EC) No 2222/2000, Article 3: Amendment of the MAFAs

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

1. Article 7(8) of Section A of the Annex to the MAFAs is replaced by the following:
‘ The final balance of the programme shall be paid:
(a) if the National Authorising Officer submits to the Commission within the deadline for payment laid down in the final Annual Financing Agreement, a certified statement of expenditure actually paid in accordance with Article 9 of this Section;
(b) if the final report on implementation has been submitted to and approved by the Commission;
(c) when the Decision referred to in Article 11 of this section has been adopted.
The payment shall not prejudice the adoption of a subsequent decision pursuant Article 12 of this section. ’
2. The following subparagraph is added to Article 10(3) of section A of the Annex to the MAFAs:
‘ However, interest not accounted for by projects assisted under the programme of the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia, respectively, shall be paid to the Commission in euro. ’

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Source: https://www.legislation.gov.uk/eur/2004/1419/article/3 (the official version)
Page: https://openlegislation.uk/eu-regulation-2004-1419/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.