Division 2 Strategy documents referred to under Article 38(8) for financial instruments implemented under point (d) of the first subparagraph of Article 38(4) shall include at least the following elements:F1F2
United Kingdom
- (a)
X1the investment strategy or policy of the financial instrument, general terms and conditions of envisaged loan or guarantees, target final recipients and actions to be supported; - (b)
a business plan or equivalent documents for the financial instrument to be implemented, including the expected leverage effect referred to in Article 37(2); - (c)
the use and re-use of resources attributable to theF3support for rural developmentin accordance with Articles 43, 44 and 45, and, where applicable, provisions regarding differentiated treatment as referred to in Article 43a; - (d)
monitoring and reporting of the implementation of the financial instrument to ensure compliance with Article 46.
Annotations
Textual amendments
- F1
Annex 4 para. 2 omitted (W.) in so far as it relates to domestic support for rural development (26.3.2021) by virtue of The Agricultural Support (Miscellaneous Amendments) (Wales) (EU Exit) Regulations 2021 (S.I. 2021/400), regs. 1(2), 6(36)(b)
- F2
- F3
Words in Annex 4 para. 2(c) substituted (31.12.2020) by The European Structural and Investment Funds Common Provisions (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/785), regs. 1, 20(3) (as amended by S.I. 2020/1542, regs. 1(2), 13(12)(b)); 2020 c. 1, Sch. 5 para. 1(1)
Editorial notes
Notes on the whole EU Regulation
Textual amendments
- F1
Regulation revoked in so far as relating to the European Maritime and Fisheries Fund (31.12.2020) by The Common Fisheries Policy (Amendment etc.) (EU Exit) Regulations 2020 (S.I. 2020/1542), reg. 1(3), Sch. Pt. 2