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Regulation (EU) No 335/2014 of the European Parliament and of the CouncilShow full title
Regulation (EU) No 335/2014 of the European Parliament and of the Council of 11 March 2014 amending Council Regulation (EC) No 1198/2006 on the European Fisheries Fund, as regards certain provisions relating to financial management for certain Member States experiencing or threatened with serious difficulties with respect to their financial stability
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Article 1
Regulation (EC) No 1198/2006 is amended as follows:
(1)
in Article 76(3), the introductory phrase is replaced by the following:
‘3.By way of derogation from Article 53(3), at the request of a Member State, interim payments shall be increased by an amount corresponding to 10 percentage points above the co-financing rate applicable to each priority axis, up to a maximum of 100 %, to be applied to the amount of eligible public expenditure newly declared in each certified statement of expenditure submitted provided that the Member State, on or after 31 December 2013, fulfils one of the following conditions:’;
(2)
in Article 77, paragraph 2 is replaced by the following:
‘2.By way of derogation from Article 53(3), at the request of a Member State, payments of the final balance shall be increased by an amount corresponding to 10 percentage points above the co-financing rate applicable to each priority axis, up to a maximum of 100 %, to be applied to the amount of eligible public expenditure newly declared in each certified statement of expenditure submitted provided that the Member State, on or after 31 December 2013, fulfils one of the conditions laid down in points (a), (b) and (c) of Article 76(3).’;
(3)
Article 77a is amended as follows:
(a)
paragraph 2 is replaced by the following:
‘2.
The derogation referred to in Articles 76(3) and 77(2) shall be granted by the Commission upon the written request of a Member State fulfilling one of the conditions laid down in points (a), (b) and (c) of Article 76(3).’;
(b)
paragraph 5 is deleted.
Article 2
This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union.
This Regulation shall apply from 1 January 2014.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Strasbourg, 11 March 2014.
For the European Parliament
The President
M. Schulz
For the Council
The President
D. Kourkoulas
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