Commission Implementing Regulation (EU) No 821/2014Dangos y teitl llawn

CHAPTER I U.K. DETAILED ARRANGEMENTS FOR THE TRANSFER AND MANAGEMENT OF PROGRAMME CONTRIBUTIONS AND REPORTING ON FINANCIAL INSTRUMENTS

[F1 Article A1 U.K. Interpretation

In this Regulation, a reference to Regulation (EU) No 1303/2013 or any provision of that Regulation is a reference to that Regulation as it applies for the purpose of support for rural development [F2 and support under Regulation 508/2014].]

Textual Amendments

F1 Art. A1 inserted in relation to support for rural development and support under Regulation 508/2014 (31.12.2020) by The European Structural and Investment Funds Common Provisions Rules etc. (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/783), regs. 1, 6(2); 2020 c. 1, Sch. 5 para. 1(1)

F2 Words in Art. A1 omitted in so far as it relates to domestic support for rural development (W.) (26.3.2021) by virtue of The Agricultural Support (Miscellaneous Amendments) (Wales) (EU Exit) Regulations 2021 (S.I. 2021/400), regs. 1(2), 11(2)

Article 1 U.K. Transfer and management of programme contributions(Article 38(10) of Regulation (EU) No 1303/2013)

1. Where contributions from more than one programme or from more than one priority [F3 axis] or measure of the same programme are made to a financial instrument, the body implementing that financial instrument shall keep a separate account or maintain an adequate accounting code for the contribution from each programme, from each priority [F3 axis] or measure for reporting and audit purposes.

2. Where national public and private contributions to financial instruments are made at the level of final recipients, in accordance with the [F4 Fund-specific] rules, the bodies implementing those financial instruments shall manage national public or private contributions [F5 constituting national co-financing and] made at the level of final recipients in accordance with paragraphs 3 to 6.

3. The bodies implementing financial instruments shall keep documentary evidence of the following:

(a) legal agreements concluded with the private or public entities concerning national public or private contributions [F6 constituting national co-financing] to be provided by these entities at the level of final recipients;

(b) effective transfer of resources [F6 constituting national co-financing] by private or public entities to final recipients;

(c) national public or private contributions [F6 constituting national co-financing] and made by private or public entities, reported to the body implementing financial instrument.

4. The bodies implementing financial instruments shall retain overall responsibility for the investment in final recipients including subsequent monitoring of the [F7 contributions from programmes][F7 contribution from the programme] in accordance with funding agreements.

5. The bodies implementing financial instruments shall ensure that expenditure covered by the national public or private contributions [F8 constituting national co-financing] is eligible before declaring it to the managing authority.

6. The bodies implementing financial instruments shall maintain the audit trail for the national public or private contributions [F9 constituting national co-financing] down to the level of the final recipient.

Textual Amendments

F3 Word in Art. 1(1) omitted in so far as it relates to domestic support for rural development (W.) (26.3.2021) by virtue of The Agricultural Support (Miscellaneous Amendments) (Wales) (EU Exit) Regulations 2021 (S.I. 2021/400), regs. 1(2), 11(3)(a)

F4 Word in Art. 1(2) omitted in so far as it relates to domestic support for rural development (W.) (26.3.2021) by virtue of The Agricultural Support (Miscellaneous Amendments) (Wales) (EU Exit) Regulations 2021 (S.I. 2021/400), regs. 1(2), 11(3)(b)(i)

F5 Words in Art. 1(2) omitted in so far as they relate to domestic support for rural development (W.) (26.3.2021) by virtue of The Agricultural Support (Miscellaneous Amendments) (Wales) (EU Exit) Regulations 2021 (S.I. 2021/400), regs. 1(2), 11(3)(b)(ii)

F6 Words in Art. 1(3) omitted in so far as they relate to domestic support for rural development (W.) (26.3.2021) by virtue of The Agricultural Support (Miscellaneous Amendments) (Wales) (EU Exit) Regulations 2021 (S.I. 2021/400), regs. 1(2), 11(3)(c)

F7 Words in Art. 1(4) substituted in so far as they relate to domestic support for rural development (W.) (26.3.2021) by The Agricultural Support (Miscellaneous Amendments) (Wales) (EU Exit) Regulations 2021 (S.I. 2021/400), regs. 1(2), 11(3)(d)

F8 Words in Art. 1(5) omitted in so far as they relate to domestic support for rural development (W.) (26.3.2021) by virtue of The Agricultural Support (Miscellaneous Amendments) (Wales) (EU Exit) Regulations 2021 (S.I. 2021/400), regs. 1(2), 11(3)(e)

F9 Words in Art. 1(6) omitted in so far as they relate to domestic support for rural development (W.) (26.3.2021) by virtue of The Agricultural Support (Miscellaneous Amendments) (Wales) (EU Exit) Regulations 2021 (S.I. 2021/400), regs. 1(2), 11(3)(f)

[F10 Article 2 U.K. Model for reporting on financial instruments(Article 46(3) of Regulation (EU) No 1303/2013)

For the specific report referred to in Article 46(1) of Regulation (EU) No 1303/2013, the managing authorities shall use the model set out in Annex I to this Regulation.]

Textual Amendments

F10 Art. 2 omitted in so far as it relates to domestic support for rural development (W.) (26.3.2021) by virtue of The Agricultural Support (Miscellaneous Amendments) (Wales) (EU Exit) Regulations 2021 (S.I. 2021/400), regs. 1(2), 11(4)