Article 2Amendment to Delegated Regulation (EU) 2016/1149#
In Article 25 of Delegated Regulation (EU) 2016/1149, paragraph 1 is replaced by the following:‘1.Where the support referred to in Article 48 of Regulation (EU) No 1308/2013, is used to finance the administrative cost of setting up mutual funds, it shall be limited to the following proportion of the contribution of the producers to the mutual fund in the first, second and third year of its implementation: 20 %, 16 % and 8 %.’.
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