OpenLegislation

Article 57 Financial support to third parties

United Kingdom

Original text. Later amendments are not shown.

1.

If the project requires the award of financial support to third parties, it may be given on condition that:

(a)

each third party offers adequate guarantees as regards the recovery of amounts;

(b)

principles of proportionality, transparency, sound financial management, equal treatment and non-discrimination are complied with;

(c)

conflicts of interests are prevented;

(d)

financial support may not be cumulative or awarded retrospectively, it shall, in principle, involve co-financing and it may not have the purpose or the effect of producing a profit for each third party;

(e)

conditions for giving financial support are strictly defined in the contract to avoid the exercise of discretion by the beneficiary. In particular, the contract shall specify the categories of persons which are eligible for the support, the award criteria (including the criteria for determining the exact amount) and a fixed list of the different types of activity that may receive such financial support;

(f)

the maximum amount of financial support that can be paid does not exceed EUR 60 000 per third party, except where the financial support is the primary aim of the project.

2.

Rules on nationality and origin set out in Articles 8 and 9 Regulation (EU) No 236/2014 shall apply. Where a sub-grant exceeds EUR 60 000 the rules of participation laid down in point (b)(vi) of Article 52 shall apply mutatis mutandis.