Chapter I, Article 4, Paragraph 3. · Regulation (EU) 2021/1755

Contents

3.The resources referred to in paragraph 2 of this Article shall be provisionally allocated, in both commitment and payment appropriations, pursuant to the methodology set out in Annex I. They shall be made available as follows:

(a)a pre-financing amount of EUR 4321749000 in current prices shall be made available and paid in three instalments of EUR 1697933000 in 2021, EUR 1298919000 in 2022 and EUR 1324897000 in 2023 in accordance with Article 9;

(b)any remaining provisionally allocated amount shall be made available in 2025 in accordance with Article 12.

The amounts referred to in the first subparagraph, point (a), of this paragraph shall be considered pre-financing within the meaning of Article 115(2), point (b)(i), of the Financial Regulation.By way of derogation from the first subparagraph of this paragraph, the amounts not transferred to the Recovery and Resilience Facility established by Regulation (EU) 2021/241 of the European Parliament and of the Council^note in accordance with Article 4a that would be due to be paid by the Commission in accordance with Article 12(3) shall not be paid and shall be deducted from the amount referred to in paragraph 2 of this Article.