PART TWOU.K. SPECIAL PROVISIONS

[F1TITLE VIII U.K. CONTRIBUTIONS TO EUROPEAN POLITICAL PARTIES

Article 204k U.K. Use of contributions

1. Contributions shall be spent in accordance with Article 204b.

2. Any part of the contribution not spent within the financial year covered by that contribution (year n) shall be spent on any reimbursable expenditure incurred by 31 December of year n+1. Any remaining part of the contribution that is not spent within that time limit shall be recovered in accordance with Chapter 5 of Title IV of Part One.

3. European political parties shall respect the maximum co-financing rate laid down in Article 17(4) of Regulation (EU, Euratom) No 1141/2014. Remaining amounts of the previous year’s contributions may not be used to finance the part which European political parties must provide from their own resources. Contributions by third parties to joint events shall not be considered to be part of the own resources of a European political party.

4. European political parties shall use the part of the contribution that has not been used within the financial year covered by that contribution before using contributions awarded after that year.

5. Any interest yielded by the prefinancing payments shall be considered as part of the contribution.]