1.Receipts for the purposes of this Regulation include revenue earned by an operation, during the period of its co-financing, from sales, rentals, services, enrolment fees or other equivalent receipts with the exception of:
(a)receipts generated throughout the economic lifetime of the co-financed investments in the case of investment in firms;
(b)receipts generated within the framework of a financial engineering measure, including venture capital and loan funds, guarantee funds, leasing;
(c)where applicable, contributions from the private sector to the co-financing of operations, which shall be shown alongside public contribution in the financial tables of the programme.
2.Receipts as defined in paragraph 1 represent income which shall be deducted from the amount of eligible expenditure for the operation concerned. No later than the closure of the programme, such receipts shall be deducted from the relevant operation's eligible expenditure in their entirety or pro-rata, depending on whether they were generated entirely or only in part by the co-financed operation.
3.This Article shall not apply to:
the rural development component,
revenue-generating infrastructures as defined in Article 150.