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Division 2 Adjustments of amounts.F1

United Kingdom

Original text. Later amendments are not shown.

In the event of changes in the Erasmus+ national rates, which form the basis for the unit costs set in this regulation, the managing authority may adjust the rates accordingly. If the Erasmus+ rates change, the same change may be reflected in the respective standard scale of unit costs for new calls (i.e. calls launched after the new Erasmus+ rates come into force). For operations 1-4, the formula used to update the respective daily rates is (14 × A + 46 × B ) / 60, where ‘ A ’ represents the daily rate from the Polish ERASMUS+ programme for the first 14 days of the stay abroad and ‘ B ’ the remaining 46 days.

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Textual amendments

F1

Inserted by Commission Delegated Regulation (EU) 2017/2016 of 29 August 2017 amending Commission Delegated Regulation (EU) 2015/2195 on supplementing Regulation (EU) No 1304/2013 of the European Parliament and of the Council on the European Social Fund, regarding the definition of standard scales of unit costs and lump sums for reimbursement of expenditure by the Commission to Member States.