# Commission Regulation (EC) No 718/2007 of 12 June 2007 implementing Council Regulation (EC) No 1085/2006 establishing an instrument for pre-accession assistance (IPA), Article 149: Aid intensities and rate of Community contribution

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

1. For the purposes of this component, the eligible expenditure as referred to in Article 38(1) shall be based on the public expenditure.
2. The Community contribution shall not exceed the ceiling of 85 % of the eligible expenditure at the level of the priority axis.
3. No operation shall benefit from a higher co-financing rate than the one relating to the priority axis concerned.

---
Source: https://www.legislation.gov.uk/eur/2007/718/article/149 (the official version)
Page: https://openlegislation.uk/eu-regulation-2007-718/article-149
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.