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PART IU.K.COMMON PROVISIONS

TITLE IIU.K.COMMON RULES FOR IMPLEMENTATION

CHAPTER IVU.K.Financial management

Section 3 U.K. Rules for centralised and joint management

Article 55U.K.Payments

1.Payment of the Community contribution by the Commission shall be made within the limits of the funds available.

2.In accordance with Article 81 of Regulation (EC, Euratom) No 1605/2002, payments shall be made on production of proof that the relevant operation is in accordance with the provisions of the IPA Regulation, this Regulation, the contract or the grant.

3.The appropriations needed to cover expenditure as indicated in the annual programmes shall be made available through one or more of the following actions: payment of the entire amount due; pre-financing; one or more interim payments; and payment of the balance of the amounts due.

4.Payments by the Commission shall be made whenever possible in euro to a euro account.