# Regulation (EC) No 1905/2006 of the European Parliament and of the Council of 18 December 2006 establishing a financing instrument for development cooperation, Article 32: Funds made available to the European Investment Bank or other financial intermediaries

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

1. The funds referred to in Article 25(1)(e) shall be managed by the EIB, other financial intermediaries or any other bank or organisation with the capacity to manage such funds.
2. The Commission shall adopt implementing provisions for paragraph 1 on a case-by-case basis to cover risk sharing, the remuneration of the intermediary responsible for implementation, the use and recovery of profits on funds, and the closure of the operation.

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Source: https://www.legislation.gov.uk/eur/2006/1905/article/32 (the official version)
Page: https://openlegislation.uk/eu-regulation-2006-1905/article-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.