Contents
- 1. Twice per year, the beneficiary shall submit a duly justif…
- 10. Article 116(5) of the Financial Regulation shall not apply…
- 11. Payments of the non-repayable financial support and of the…
- 12. The amount made available as financial assistance, channel…
- 13. Payment of any amount of the support in the form of loans,…
- 14. The amount made available through the WBIF shall be paid f…
- 2. The Commission shall assess without undue delay whether th…
- 3. Where the Commission makes a positive assessment of the sa…
- 4. Where the Commission makes a negative assessment of the fu…
- 5. Where the Commission concludes that the beneficiary has no…
- 6. Any amount corresponding to payment conditions that have n…
- 7. The Commission may reduce the amount of the non-repayable…
- 8. The Commission may decide to redistribute any amount reduc…
- 9. For the part of the Facility funding paid as financial ass…
3.Where the Commission makes a positive assessment of the satisfactory fulfilment of all applicable conditions, it shall adopt without undue delay a decision authorising the release of funds corresponding to those conditions. That decision shall, in accordance with Article 6(5), set the amount of funds to be made available as financial assistance, channelled directly to the treasuries of the beneficiaries and the amount to be made available through the WBIF. In respect of those amounts, the decision shall constitute the condition referred to in Article 12 for the amount of funds to be made available as financial assistance channelled directly to the treasuries of the beneficiaries and the preliminary validation referred to in Article 12 for the amount to be made available through the WBIF.
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