Article 51 In-kind contributionsX1
United Kingdom
1.
In-kind contributions of a public or private beneficiary shall be eligible expenditure if they fulfil the following conditions:
(a)
they consist of the provision of land or real estate, equipment or raw materials, research or professional work or unpaid voluntary work;
(b)
their value can be independently assessed and audited.
2.
In the case of the provision of land or real estate, the value shall be certified by an independent qualified valuer or duly authorised official body.
3.
In the case of unpaid voluntary work, the value of that work shall be determined taking into account the time spent and the hourly and daily rates of remuneration for equivalent work.