PART ICOMMON PROVISIONS
TITLE IICOMMON RULES FOR IMPLEMENTATION
CHAPTER IIIFinancial contribution by the European Community
Article 38Aid intensities and rate of Community contribution
1
The Community contribution shall be calculated in relation to the eligible expenditure as defined in Part II for each IPA component.
2
Financing decisions adopting the annual or multi-annual programmes for each IPA component shall set the maximum indicative amount of the Community contribution and the subsequent maximum rate for each priority axis.