Article 152U.K.Eligibility of expenditure
1.The following expenditure may be eligible for operations falling under the scope of Article 151:
(a)depreciation costs under the following cumulative conditions:
no national or Community grants have contributed to the purchase of the related investment;
depreciation costs are calculated with the relevant applicable national accountancy rules;
costs relate exclusively to the period of co-financing of the operation concerned;
(b)in the case of grants, the indirect costs declared on a flat rate basis up to 20 % of the direct costs of an operation, provided they are incurred in accordance with national rules, including accountancy rules;
(c)purchase of furniture, equipment, adaptation and modernisation of existing infrastructures, provided that:
the amount concerned for the related operations is subject to a limit of 15 % of the funding under the IPA Regulation for each priority axis of the programme(s) under this component;
investments are necessary for the satisfactory implementation of the programme(s) under this component and contribute to increasing the impact of assistance;
assessment, carried out under the responsibility of the operating structure, has demonstrated that purchase is preferable to other solutions in terms of the best value for money.
2.By way of derogation from Article 34(3), the following expenditure may also be eligible:
(a)taxes, including value added taxes, if they are not recoverable by any means and it is established that they are borne by the final beneficiary,
(b)operating costs, including rental costs, exclusively related to the period of co-financing of the operation,
(c)rent or leasing, provided that it is exclusively related to the period of co-financing of the operation, and that it is preferable to other solutions in terms of the best value for money[F1,]
[F2(d) costs relating to a bank guarantee or comparable surety to be lodged by the beneficiary of the grant.]