Division 10 ROLE AND LIABILITY OF THE FINANCIAL INTERMEDIARY: RISK AND REVENUE SHARINGF1
United Kingdom
Identifications and Provisions on the liability of the financial intermediary and of other entities involved in the implementation of the financial instrument.
Explanation of risk valuation and risk and profit sharing of the different parties.
Provisions in line with Article 6 of Commission Delegated Regulation (EU) No 480/2014f1 concerning role, liabilities and responsibility of bodies implementing financial instruments.
Annotations
Textual amendments
- F1
Annexes I-V omitted (W.) (26.3.2021 in so far as it relates to domestic support for rural development) by virtue of The Agricultural Support (Miscellaneous Amendments) (Wales) (EU Exit) Regulations 2021 (S.I. 2021/400), regs. 1(2), 12(10)
Footnotes
- f1
Commission Delegated Regulation (EU) No 480/2014 of 3 March 2014 supplementing Regulation (EU) No 1303/2013 of the European Parliament and of the Council laying down common provisions on the European Regional Development Fund, the European Social Fund, the Cohesion Fund, the European Agricultural Fund for Rural Development and the European Maritime and Fisheries Fund and laying down general provisions on the European Regional Development Fund, the European Social Fund, the Cohesion Fund and the European Maritime and Fisheries Fund (OJ L 138, 13.5.2014, p. 5).