# 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 56: Closure of a programme

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

1. A programme is closed when all the contracts and grants funded by this programme have been closed.
2. After a final payment application has been received, a contract or grant is considered closed as soon as one of the events referred to in Article 47(1) occurs.
3. The closure of a contract or grant does not prejudice the Commission's right to undertake a financial correction at a later stage.

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Source: https://www.legislation.gov.uk/eur/2007/718/article/56 (the official version)
Page: https://openlegislation.uk/eu-regulation-2007-718/article-56
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.