Article 10 Cofinancing

United Kingdom

Measures financed under this Regulation shall be eligible for cofinancing from inter alia the following:

(a)

Member States, and in particular their public and parastatal agencies;

(b)

other donor countries and in particular their public and parastatal agencies;

(c)

international and regional organisations, and in particular international and regional financial institutions;

(d)

companies, firms, other private organisations and businesses, and other non-state actors referred to in Article 7(2);

(e)

partner countries and regions in receipt of funding.

In the case of parallel cofinancing, the project or programme shall be split into a number of clearly identifiable sub-projects, which are each financed by different partners providing cofinancing in such a way that the end-use of the financing can always be identified. In the case of joint cofinancing, the total cost of the project or programme shall be shared between the partners providing the cofinancing and resources are pooled in such a way that it is not possible to identify the source of funding for any given activity undertaken as part of the project or programme.

In the case of joint cofinancing, the Commission may receive and manage funds on behalf of the bodies referred to under (a), (b) and (c) of paragraph 1 of this Article for the purpose of implementing joint measures. In this case, the Commission shall implement the measures centrally, either directly or indirectly, by delegating the task to Community agencies or bodies set up by the Community. Such funds shall be dealt with 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

Footnotes

f1: OJ L 248, 16.9.2002, p. 1. Regulation as last amended by Regulation (EC, Euratom) No 1995/2006 (OJ L 390, 30.12.2006, p. 1).