TITLE IIICOMMON IMPLEMENTING PROVISIONS
CHAPTER 1 Funding
Article 17Types of funding
1.
Union funding may take the following legal forms:
(a)
grants;
(b)
public procurement contracts;
(c)
contributions to financial instruments in accordance with provisions on financial instruments under Regulation (EU, Euratom) No 966/2012, in particular Articles 139 and 140 thereof, and with operational requirements set out in specific Union acts;
(d)
any other interventions needed for the purpose of achieving the general objectives set out in Article 3.
2.
The Commission shall implement this Regulation in accordance with Regulation (EU, Euratom) No 966/2012.
3.
Funding under this Regulation which constitutes state aid within the meaning of Article 107(1) TFEU shall be implemented in a way consistent with the relevant Union state aid rules.
4.
At least 81 % of the budgetary resources for the LIFE Programme shall be allocated to projects supported by way of action grants or, where appropriate, financial instruments as referred to in point (c) of paragraph 1.
The Commission may include those financial instruments as part of the multiannual work programme referred to in Article 24, subject to an ex-ante evaluation as referred to in point (f) of Article 140(2) of Regulation (EU, Euratom) No 966/2012.
5.
A maximum of 30 % of the budgetary resources allocated to action grants in accordance with paragraph 4 may be allocated to integrated projects. That maximum percentage shall be re-evaluated in the framework of the mid-term evaluation of the LIFE Programme referred to in point (a) of Article 27(2) and accompanied, if appropriate, by a legislative proposal.