OpenLegislation

Division 4 Set-up for operations subject to reimbursement based on financing conditions

United Kingdom

Original text. Later amendments are not shown.

For the application of the financing conditions, the following shall apply:

  1. (a)

    the operation subject to reimbursement based on financing conditions is related to the realisation of progress in the implementation or the achievement of objectives of the programme;

  2. (b)

    the beneficiary of the operation subject to reimbursement based on financing conditions is either the managing authority or an intermediate body with the necessary arrangements ensuring separation of functions in accordance with Article 125(7) of Regulation (EU) No 1303/2013;

  3. (c)

    the operation subject to reimbursement based on financing conditions is implemented on the basis of a planned timeline for the completion of intermediate or final financing conditions;

  4. (d)

    the operation subject to reimbursement based on financing conditions is completed or fully implemented before the end of the eligibility period set out in Article 65(2) of Regulation (EU) No 1303/2013;

  5. (e)

    when determining intermediate financing conditions, corresponding amounts of expenditure are set out in advance;

  6. (f)

    the mechanism to measure and monitor the progress towards the fulfilment of the financing conditions allows the verification of the fulfilment of each financing condition;

  7. (g)

    the operation subject to reimbursement based on financing conditions is excluded from the population referred to in Article 28(3) of Delegated Regulation (EU) No 480/2014 for the purposes of sample of operations referred to in Article 127(1) of Regulation (EU) No 1303/2013.