http://www.legislation.gov.uk/eur/2014/480/article/4Commission Delegated Regulation (EU) No 480/2014 of 3 March 2014 supplementing Regulation (EU) No 1303/2013 of the European Parliament and of the Council laying down common provisions on the European Regional Development Fund, the European Social Fund, the Cohesion Fund, the European Agricultural Fund for Rural Development and the European Maritime and Fisheries Fund and laying down general provisions on the European Regional Development Fund, the European Social Fund, the Cohesion Fund and the European Maritime and Fisheries FundCommission Delegated Regulation (EU) No 480/2014Commission Delegated Regulation (EU) No 480/2014 of 3 March 2014 supplementing Regulation (EU) No 1303/2013 of the European Parliament and of the Council laying down common provisions on the European Regional Development Fund, the European Social Fund, the Cohesion Fund, the European Agricultural Fund for Rural Development and the European Maritime and Fisheries Fund and laying down general provisions on the European Regional Development Fund, the European Social Fund, the Cohesion Fund and the European Maritime and Fisheries FundKing's Printer of Acts of Parliamenthttps://webarchive.nationalarchives.gov.uk/eu-exit/https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014R0480-20190530texttext/xmlen2024-05-19Expert Participation2021-03-26 CHAPTER II<Strong>PROVISIONS SUPPLEMENTING PART TWO OF REGULATION (EU) No 1303/2013 APPLICABLE TO <Repeal ChangeId="key-b6a806c183b4c4fa56facb6dc0e4af6d-1687849038115" CommentaryRef="key-b6a806c183b4c4fa56facb6dc0e4af6d" RetainText="true" SubstitutionRef="key-b6a806c183b4c4fa56facb6dc0e4af6d-1687849038116">THE ESI FUNDS</Repeal> <Addition ChangeId="key-b6a806c183b4c4fa56facb6dc0e4af6d-1687849038116" CommentaryRef="key-b6a806c183b4c4fa56facb6dc0e4af6d">SUPPORT FOR RURAL DEVELOPMENT </Addition><Addition ChangeId="key-b6a806c183b4c4fa56facb6dc0e4af6d-1687849038116" CommentaryRef="key-b6a806c183b4c4fa56facb6dc0e4af6d"><Repeal ChangeId="key-43e1894a04e02ebf5b1b3e390ac591fa-1687949973759" CommentaryRef="key-43e1894a04e02ebf5b1b3e390ac591fa" RetainText="true">AND SUPPORT UNDER REGULATION 508/2014</Repeal></Addition> </Strong>SECTION II<Strong><Emphasis>Financial instruments</Emphasis></Strong>Specific rules on the purchase of land(Article 37(13) of Regulation (EU) No 1303/2013)Article 41Financial instruments financed by the ERDF, the Cohesion Fund and the EAFRD support for rural development may support investments that include the purchase of land not built on and land built on for an amount not exceeding 10 % of the programme contribution paid to the final recipient. In the case of guarantees, this percentage shall apply to the amount of the underlying loan or other risk-bearing instruments.2Where financial instruments provide support to final recipients in respect of infrastructure investments with the objective of supporting urban development or urban regeneration activities, the limit referred to in paragraph 1 is 20 %.3In exceptional and duly justified cases, the managing authority may derogate from the limits in paragraphs 1 and 2 for operations concerning environmental conservation.Words in Ch. 2 heading substituted in so far as it applies 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, 5(4); 2020 c. 1, Sch. 5 para. 1(1)Words in Art. 4(1) omitted in so far as it applies to support for rural development and support under Regulation 508/2014 (31.12.2020) by virtue of The European Structural and Investment Funds Common Provisions Rules etc. (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/783), regs. 1, 5(6)(a); 2020 c. 1, Sch. 5 para. 1(1)Words in Art. 4(1) substituted in so far as it applies 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, 5(6)(b); 2020 c. 1, Sch. 5 para. 1(1)Words in Ch. 2 heading 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), 8(4)