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 38U.K.Aid 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.