OpenLegislation

Article 13 Payment of the advanceF1

United Kingdom

Original text. Later amendments are not shown.

1.

Within 30 days from the date that the contract referred to in Article 10 has been signed, the proposing organisation may submit an application for an advance payment to the F2relevant authority, together with the security provided for in paragraph 2 of this Article.

2.

The advance shall be paid on condition that the proposing organisation has lodged a security equal to the amount of that advance in favour of the F3relevant authority in accordance with Chapter IV of Commission Delegated Regulation (EU) No 907/2014f1.

3.

An advance payment shall amount to no more than 20 % of the F4relevant authority's maximum F5... financial contribution, as referred to in Article 15 of Regulation (EU) No 1144/2014.

4.

The F6relevant authority shall make payment of an advance either within 30 days from the date of the receipt of the security provided for in paragraph 2 or within 30 days from the date which is 10 days before the starting date of the implementation of the programme, whichever is the latest.

5.

The advance shall be cleared at payment of the balance.

F76.

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Annotations

Textual amendments

F1

Regulation revoked (E.W.S.) (1.1.2024) by Retained EU Law (Revocation and Reform) Act 2023 (c. 28), ss. 1(1), 22(3), Sch. 1 Pt. 2 (with s. 1(3)(4)) (as amended by S.I. 2023/1143, regs. 2(2), 3(3), 4, Sch. 1 Pt. 3); S.I. 2023/1363, reg. 2

F2

Words in Art. 13(1) substituted (31.12.2020) by The Market Measures Payment Schemes (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/823), regs. 1, 4(11)(a); 2020 c. 1, Sch. 5 para. 1(1)

F3

Words in Art. 13(2) substituted (31.12.2020) by The Market Measures Payment Schemes (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/823), regs. 1, 4(11)(b); 2020 c. 1, Sch. 5 para. 1(1)

F4

Words in Art. 13(3) inserted (31.12.2020) by The Market Measures Payment Schemes (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/823), regs. 1, 4(11)(c)(i); 2020 c. 1, Sch. 5 para. 1(1)

F5

Word in Art. 13(3) omitted (31.12.2020) by virtue of The Market Measures Payment Schemes (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/823), regs. 1, 4(11)(c)(ii); 2020 c. 1, Sch. 5 para. 1(1)

F6

Words in Art. 13(4) substituted (31.12.2020) by The Market Measures Payment Schemes (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/823), regs. 1, 4(11)(d); 2020 c. 1, Sch. 5 para. 1(1)

F7

Art. 13(6) omitted (31.12.2020) by virtue of The Market Measures Payment Schemes (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/823), regs. 1, 4(11)(e); 2020 c. 1, Sch. 5 para. 1(1)

Footnotes

f1

Commission Delegated Regulation (EU) No 907/2014 of 11 March 2014 supplementing Regulation (EU) No 1306/2013 of the European Parliament and of the Council with regard to paying agencies and other bodies, financial management, clearance of accounts, securities and use of euro (OJ L 255, 28.8.2014, p. 18).