TITLE IIIPROGRAMMING
CHAPTER IIProgramming content
Section 3Global grants
Article 43Implementing rules
The agreement referred to in the first subparagraph of Article 42(1) shall detail in particular:
- (a)
the types of operation to be covered by the global grant;
- (b)
the criteria for selecting beneficiaries;
- (c)
the rates of assistance from the Funds and the rules governing that assistance, including as regards the use of any interest accruing;
- (d)
the arrangements for monitoring, evaluating and ensuring the financial control of the global grant referred to in Article 59(1) vis-à-vis the managing authority, including the arrangements for recovering amounts unduly paid and the presentation of accounts;
- (e)
where applicable, any use of a financial guarantee or equivalent facility, unless the Member State or the managing authority provides such guarantee according to the institutional arrangements of each Member State.