Article 1 Transfer and management of programme contributions(Article 38(10) of Regulation (EU) No 1303/2013)

Where contributions from more than one programme or from more than one priority F1axis or measure of the same programme are made to a financial instrument, the body implementing that financial instrument shall keep a separate account or maintain an adequate accounting code for the contribution from each programme, from each priority axis or measure for reporting and audit purposes.

Where national public and private contributions to financial instruments are made at the level of final recipients, in accordance with the F2Fund-specific rules, the bodies implementing those financial instruments shall manage national public or private contributions F3constituting national co-financing and made at the level of final recipients in accordance with paragraphs 3 to 6.

The bodies implementing financial instruments shall keep documentary evidence of the following:

The bodies implementing financial instruments shall retain overall responsibility for the investment in final recipients including subsequent monitoring of the F5contributions from programmescontribution from the programme in accordance with funding agreements.

The bodies implementing financial instruments shall ensure that expenditure covered by the national public or private contributions F6constituting national co-financing is eligible before declaring it to the managing authority.

The bodies implementing financial instruments shall maintain the audit trail for the national public or private contributions F7constituting national co-financing down to the level of the final recipient.