{
  "url": "https://openlegislation.uk/eu-regulation-2020-1542/introduction",
  "json_url": "https://openlegislation.uk/eu-regulation-2020-1542/introduction.json",
  "legislation": "eur/2020/1542",
  "legislation_title": "Regulation (EU) 2020/1542 of the European Parliament and of the Council of 21 October 2020 amending Regulation (EU) No 1303/2013 as regards the adjustment of annual pre-financing for the years 2021 to 2023",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2020-1542",
  "path": "introduction",
  "kind": "introduction",
  "number": null,
  "heading": "Introductory text",
  "text": "Regulation (EU) 2020/1542 of the European Parliament and of the Council\nof 21 October 2020\namending Regulation (EU) No 1303/2013 as regards the adjustment of annual pre-financing for the years 2021 to 2023\nTHE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,\nHaving regard to the Treaty on the Functioning of the European Union, and in particular Article 177 thereof,\nHaving regard to the proposal from the European Commission,\nAfter transmission of the draft legislative act to the national parliaments,\nHaving regard to the opinion of the European Economic and Social Committee,\nAfter consulting the Committee of the Regions,\nActing in accordance with the ordinary legislative procedure,\nWhereas:\n(1)\nRegulation (EU) No 1303/2013 of the European Parliament and of the Council lays down the common and general provisions applicable to the European Structural and Investment Funds.\n(2)\nEvidence suggests that the annual pre-financing is set at a particularly high level in comparison with financial management requirements stemming from the implementation of operational programmes; this is in particular the case for the budgetary years 2021 to 2023.\n(3)\nIn order to ease the pressure on payment appropriations in the Union budget for the budgetary years 2021 to 2023 and to enhance the predictability of payment requirements and thus contribute to more transparent budgetary planning and a more orderly payment profile, the rate of annual pre-financing for those years should be decreased.\n(4)\nRegulation (EU) No 1303/2013 should therefore be amended accordingly,\nHAVE ADOPTED THIS REGULATION:",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "OJ C 159, 10.5.2019, p. 45."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Position of the European Parliament of 4 April 2019 (not yet published in the Official Journal) and decision of the Council of 7 October 2020."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "Regulation (EU) No 1303/2013 of the European Parliament and of the Council of 17 December 2013 laying down common provisions on the European Regional Development Fund, the European Social Fund, the Cohesion Fund, the European Agricultural Fund for Rural Development and the European Maritime and Fisheries Fund and laying down general provisions on the European Regional Development Fund, the European Social Fund, the Cohesion Fund and the European Maritime and Fisheries Fund and repealing Council Regulation (EC) No 1083/2006 (OJ L 347, 20.12.2013, p. 320)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2020/1542/introduction",
    "retrieved_at": "2026-11-01T14:42:22.971002+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."
}