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Article 1U.K.

1.The management of assistance provided for under IPA — Component V as regards Agriculture and Rural Development of the Instrument for Pre-Accession Assistance (IPA) is conferred on the concerned bodies under the conditions laid down in this Decision.

2.The requirement for ex ante approval by the Commission of managing, paying and implementing functions for measure 101 ‘Investments in agriculture holdings to restructure and to upgrade to Community standards’, measure 103 ‘Investments in the processing and marketing of agricultural and fishery products to restructure these activities and to upgrade them to Community standards’ and measure 302 ‘Diversification and development of rural economic activities’ by the former Yugoslav Republic of Macedonia for in Article 18 of Regulation (EC) No 718/2007, is hereby waived.