Article 46 Report on implementation of financial instrumentsF1
United Kingdom
The managing authority shall send to the F2Programme Monitoring Committee a specific report covering the operations comprising financial instruments as an annex to the annual implementation report.
The specific report referred to in paragraph 1 shall include, for each financial instrument, the following information:
identification of the programme and of the priority or measure from which support F3for rural development is provided;
description of the financial instrument and implementation arrangements;
identification of the bodies implementing financial instruments, and the bodies implementing funds of funds where applicable, as referred to under points (a), (b) and (c) of Article 38(1);
total amount of programme contributions by priority or measure paid to the financial instrument;
total amount of support paid to the final recipients or to the benefit of final recipients, or committed in guarantee contracts by the financial instrument for investments in final recipients, as well as management costs incurred or management fees paid, by programme and priority or measure;
the performance of the financial instrument including progress in its set-up and in selection of bodies implementing the financial instrument, including the body implementing a fund of funds;
interest and other gains generated by support for rural development to the financial instrument and programme resources paid back to financial instruments from investments as referred to in Articles 43 and 44 and amounts used for differentiated treatment as referred to in Article 43a;
progress in achieving the expected leverage effect of investments made by the financial instrument;
the value of equity investments, with respect to previous years;
contribution of the financial instrument to the achievement of the indicators of the priority or measure concerned.
The information in points (h) and (j) of the first subparagraph may be included only in the annex to the annual implementation reports submitted in 2017 and 2019 as well as in the final implementation report. The reporting obligations set out in points (a) to (j) of the first subparagraph shall not be applied at the level of final recipients.
The appropriate authority may make regulations in relation to rural development setting out the models to be used when reporting on financial instruments to the monitoring committee.
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Annotations
Textual amendments
- F1
Arts. 46-59 omitted (W.) in so far as relate 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(20)
- F2
Words in Art. 46(1) substituted (31.12.2020) by The European Structural and Investment Funds Common Provisions (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/785), regs. 1, 8(10)(a); 2020 c. 1, Sch. 5 para. 1(1)
- F3
Words in Art. 46(2) substituted (31.12.2020) by The European Structural and Investment Funds Common Provisions (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/785), regs. 1, 8(10)(b) (as amended by S.I. 2020/1542, regs. 1(2), 13(6)(h)); 2020 c. 1, Sch. 5 para. 1(1)
- F4
- F5
Art. 46(3) substituted (31.12.2020) by The Common Organisation of the Markets in Agricultural Products and Common Agricultural Policy (Miscellaneous Amendments etc.) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1422), regs. 1, 14(5); 2020 c. 1, Sch. 5 para. 1(1)
- F6
Art. 46(4) omitted (31.12.2020) by virtue of The European Structural and Investment Funds Common Provisions (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/785), regs. 1, 8(10)(c); 2020 c. 1, Sch. 5 para. 1(1)
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
Notes on Part TWO
Textual amendments
- F1
Pt. 2 heading substituted (31.12.2020) by The European Structural and Investment Funds Common Provisions (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/785), regs. 1, 5(1) (as amended by S.I. 2020/1542, regs. 1(2), 13(3)(a)); 2020 c. 1, Sch. 5 para. 1(1)