Article 19 Ineligible expenditure

The following costs shall not be eligible for a contribution from the Union budget under the Specific Regulations:

1. (a)

   interest on debt;

2. (b)

   the purchase of land not built upon;

3. (c)

   the purchase of land built upon, where the land is necessary for the implementation of the project, in an amount exceeding 10 % of the total eligible expenditure for the project concerned;

4. (d)

   value added tax (VAT), except where it is non-recoverable under national VAT law.