Article 4 U.K. Office and administrative expenditure

Office and administrative expenditure shall be limited to the following elements:

(a)

office rent;

(b)

insurance and taxes related to the buildings where the staff is located and to the equipment of the office (e.g. fire, theft insurances);

(c)

utilities (e.g. electricity, heating, water);

(d)

office supplies;

(e)

general accounting provided inside the beneficiary organisation;

(f)

archives;

(g)

maintenance, cleaning and repairs;

(h)

security;

(i)

IT systems;

(j)

communication (e.g. telephone, fax, internet, postal services, business cards);

(k)

bank charges for opening and administering the account or accounts where the implementation of an operation requires a separate account to be opened;

(l)

charges for transnational financial transactions.