After an application for final payment has been received by the Commission, a programme is considered closed as soon as one of the following occurs:

• payment of the final balance due by the Commission,

• issuance of a recovery order by the Commission,

• F1de-commitment of the final balance of the budgetary commitment by the Commission.

The closure of a programme does not prejudice the Commission's right to undertake a financial correction at a later stage.

The closure of a programme does not affect the obligations of the beneficiary country to continue to retain related documents, in accordance with Article 48.