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(1)Article 5(1) is replaced by the following:‘1.The financial envelope for the implementation of the CEF for the period 2014 to 2020 is set at EUR 30192259000 in current prices. That amount shall be distributed as follows:
(a)transport sector: EUR 24050582000, of which EUR 11305500000 shall be transferred from the Cohesion Fund to be spent in line with this Regulation exclusively in Member States eligible for funding from the Cohesion Fund;
(b)telecommunications sector: EUR 1066602000;
(c)energy sector: EUR 5075075000.
Those amounts are without prejudice to the application of the flexibility mechanism provided for under Council Regulation (EU, Euratom) No 1311/2013note.
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