# Commission Implementing Regulation (EU) No 964/2014 of 11 September 2014 laying down rules for the application of Regulation (EU) No 1303/2013 of the European Parliament and of the Council as regards standard terms and conditions for financial instruments, Article 6: RS Loan

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

1. The RS Loan shall take the form of a loan fund to be set up by a financial intermediary with contribution from the programme and contribution of at least 25 % of the loan fund from the financial intermediary. The loan fund shall finance a portfolio of newly originated loans, to the exclusion of the refinancing of existing loans.
2. The RS Loan shall comply with the terms and conditions set out in Annex II.

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Source: https://www.legislation.gov.uk/eur/2014/964/article/6 (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-964/article-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.