Commission Regulation (EC) No 718/2007Show full title

Commission Regulation (EC) No 718/2007 of 12 June 2007 implementing Council Regulation (EC) No 1085/2006 establishing an instrument for pre-accession assistance (IPA)

Article 153U.K.Aid intensities and rate of Community contribution

1.For the purposes of this component, the eligible expenditure as referred to in Article 38(1) shall be based either on the public expenditure or on the total expenditure, the choice applying to the entirety of the programme concerned.

2.The Community contribution shall not exceed the ceiling of 85 % of the eligible expenditure at the level of the priority axis.

3.No operation shall benefit from a higher co-financing rate than the one relating to the priority axis concerned.