# Council Regulation (EU) No 642/2014 of 16 June 2014 establishing the Shift2Rail Joint Undertaking, Article 17: Allocation of the Union contribution

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

1. The Union financial contribution to the S2R Joint Undertaking dedicated to operational costs referred to in point (a) of Article 3(1) of this Regulation and the additional contribution referred to in point (b) of Article 3(1) of this Regulation shall be allocated as follows:
(a) up to 40 % shall be allocated to founding members, other than the Union, and their affiliated entities;
(b) up to 30 % shall be allocated to associated members and their affiliated entities;
(c) at least 30 % shall be allocated by way of competitive calls for proposals and calls for tenders.
2. Funding under paragraph 1 shall be allocated following evaluation of proposals by independent experts.
3. Financial commitments of the S2R Joint Undertaking shall not exceed the amount of financial resources available or committed to its budget by its members.

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Source: https://www.legislation.gov.uk/eur/2014/642/annex/I/article/17 (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-642/annex-I/article-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.