75Secondly, the Commission has no other choice, where, as in the present case, the communication of inaccurate information has been proven, but to implement Article 94(b) of the Financial Regulation by rejecting the application concerned. As the Commission rightly stated at the hearing, the concept of ‘misrepresentation’ covers both knowingly erroneous statements and those which are erroneous as a result of negligence and does not therefore require an assessment of the reasons for the inaccuracy once it has been established.
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