{
  "url": "https://openlegislation.uk/eu-regulation-2018-1877/article-54",
  "json_url": "https://openlegislation.uk/eu-regulation-2018-1877/article-54.json",
  "legislation": "eur/2018/1877",
  "legislation_title": "Council Regulation (EU) 2018/1877 of 26 November 2018 on the financial regulation applicable to the 11th European Development Fund, and repealing Regulation (EU) 2015/323",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2018-1877",
  "path": "article/54",
  "kind": "article",
  "number": "54",
  "heading": "Revenue from interest on resources of previous EDFs",
  "text": "The balance of revenue accruing from interest on the resources of previous EDFs shall be transferred to the 11th EDF and allocated for the same purposes as the revenue provided for in Article 1(6) of the Internal Agreement. The same shall apply to miscellaneous revenue of previous EDFs comprising, for example, default interest received in the event of late payment of contributions to those EDFs by Member States. The interest generated by the previous EDF resources managed by the EIB shall supplement the Investment Facility.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2018/1877/article/54",
    "retrieved_at": "2026-11-01T14:43:45.683319+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}