OpenLegislation

Article 10 Co-financingX1

United Kingdom

Original text. Later amendments are not shown.

1.

Measures shall be eligible for co-financing, inter alia , with:

(a)

Member States, their regional and local authorities, and in particular their public and parastatal agencies;

(b)

partner countries, and in particular their public and parastatal agencies;

(c)

international organisations and regional organisations, including international and regional financial institutions;

(d)

companies, firms, other private organisations and businesses, and other non-State actors;

(e)

partner countries in receipt of funding, and other bodies eligible for funding under Article 7.

2.

In the case of parallel co-financing, the project or programme will be split into a number of clearly identifiable operations which are each financed by the different partners providing co-financing in such a way that the end-use of the financing can always be identified.

3.

In the case of joint co-financing, the total cost of a project or programme will be shared between the partners providing the co-financing and the resources are pooled in such a way that it is not possible to identify the source of financing for any given activity undertaken as part of the project or programme.

4.

The Commission may receive and manage funds for co-financed projects on behalf of the bodies referred to in paragraph 1(a) (b) and (c) for the purpose of implementing joint measures. Such funds shall be treated as assigned revenue, in accordance with Article 18 of Council Regulation (EC, Euratom) No 1605/2002 of 25 June 2002 on the Financial Regulation applicable to the general budget of the European Communities f1 .

Annotations

Editorial notes

X1

Substituted by Corrigendum to Council Regulation (EC) No 1934/2006 of 21 December 2006 establishing a financing instrument for cooperation with industrialised and other high-income countries and territories (Official Journal of the European Union L 405 of 30 December 2006).

Footnotes

f1

OJ L 248, 16.9.2002, p. 1 .

Notes on the whole EU Regulation

Textual amendments

F1

Substituted by Regulation (EU) No 1338/2011 of the European Parliament and of the Council of 13 December 2011 amending Council Regulation (EC) No 1934/2006 establishing a financing instrument for cooperation with industrialised and other high-income countries and territories.