Article 2, Point (c) · Commission Delegated Regulation (EU) 2026/849

Contents

(a) the amount referred to in Article 1(12), point (b), become…
(b) where the protection provider pays the amount referred to…
(c) no additional amounts of the exposure secured by the unfin…

(c)no additional amounts of the exposure secured by the unfinished property can be drawn after the activation of the repayment guarantee, unless a new equivalent legal mechanism meeting all the criteria laid down in Article 1 is set in place before such drawings are possible.