{
  "url": "https://openlegislation.uk/eu-regulation-2013-1316/annex-I/part-III/division-II/division-2",
  "json_url": "https://openlegislation.uk/eu-regulation-2013-1316/annex-I/part-III/division-II/division-2.json",
  "legislation": "eur/2013/1316",
  "legislation_title": "Regulation (EU) No 1316/2013 of the European Parliament and of the Council of 11 December 2013 establishing the Connecting Europe Facility, amending Regulation (EU) No 913/2010 and repealing Regulations (EC) No 680/2007 and (EC) No 67/2010 (Text with EEA relevance) (revoked)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2013-1316",
  "path": "annex/I/part/III/division/II/division/2",
  "kind": "division",
  "number": "2",
  "heading": "Financial parameters and leverage",
  "text": "Investment parameters shall be set in such a way that specific policy objectives, including the targeting of particular categories of infrastructure projects, can be achieved while still preserving the market-oriented approach of this instrument.\nThe expected leverage of the Equity Instrument — defined as the total funding (i.e. the Union contribution plus all contributions from other investors) divided by the Union contribution — shall be expected on average to range from 5 to 10, depending on market specificities.",
  "extent": "E+W+S+N.I.",
  "status": "repealed",
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Regulation revoked (31.12.2020) by The Connecting Europe Facility (Revocation) (EU Exit) Regulations 2019 (S.I. 2019/477), reg. 1(2), Sch. (with reg. 3) (as amended by S.I. 2020/786, regs. 1(2)(b)(i), 5); 2020 c. 1, Sch. 5 para. 1(1)"
    }
  ],
  "outstanding_effects": [
    {
      "type": "addition",
      "affecting": "eur/2019/495",
      "affecting_title": "Regulation (EU) 2019/495 of the European Parliament and of the Council of 25 March 2019 amending Regulation (EU) No 1316/2013 with regard to the withdrawal of the United Kingdom from the Union (Text with EEA relevance.)"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2013/1316/annex/I/part/III/division/II/division/2",
    "retrieved_at": "2026-11-01T14:48:05.685907+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}