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Regulation (EU) No 1297/2013 of the European Parliament and of the CouncilShow full title

Regulation (EU) No 1297/2013 of the European Parliament and of the Council of 11 December 2013 amending Council Regulation (EC) No 1083/2006 as regards certain provisions relating to financial management for certain Member States experiencing or threatened with serious difficulties with respect to their financial stability, to the decommitment rules for certain Member States, and to the rules on payments of the final balance

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Article 1U.K.

Regulation (EC) No 1083/2006 is amended as follows:

(1)

Article 77 is amended as follows:

(a)

Paragraph 2 is amended as follows:

2.By way of derogation from Article 53(2), from the second sentence of Article 53(4) and from the ceilings set out in Annex III, interim payments and payments of the final balance shall be increased by an amount corresponding to 10 percentage points above the co-financing rate applicable to each priority axis, but not exceeding 100 %, to be applied to the amount of eligible expenditure newly declared in each certified statement of expenditure submitted until the end of the programming period, where, after 21 December 2013 a Member State meets one of the following conditions:

(a)financial assistance is made available to it in accordance with Council Regulation (EU) No 407/2010(1) or financial assistance is made available to it by other euro area Member States before the entry into force of that Regulation;

(b)medium-term financial assistance is made available to it in accordance with Council Regulation (EC) No 332/2002(2);

(c)financial assistance is made available to it in accordance with the Treaty establishing the European Stability Mechanism following its entry into force.;

(b)

Paragraph 6 is deleted;

(c)

The following paragraph is added:

12.By way of derogation from paragraph 10, the Union contribution through payments of the final balance for each priority axis shall not exceed, by more than 10 %, the maximum amount of assistance from the Funds for each priority axis as laid down in the decision of the Commission approving the operational programme. However, the Union contribution through payments of the final balance shall not exceed the public contribution declared and the maximum amount of assistance from each Fund to each operational programme as laid down in the decision of the Commission approving the operational programme.;

(2)

Article 93 is amended as follows:

(a)

The following paragraph is inserted:

2b.By way of derogation from the first subparagraph of paragraph 1 and from paragraph 2, for Member States whose cohesion policy allocations in the 2014-2020 programming period are capped at 110 % of their level in real terms for the 2007-2013 period, the deadline referred to in paragraph 1 shall be 31 December of the third year following the year of the annual budget commitment from 2007 to 2012 under their operational programmes.;

(b)

In paragraph 3, the following subparagraph is added:

The first subparagraph is without prejudice to the application of the deadline laid down in paragraph 2b to the 2012 budget commitment for the Member States referred to in that paragraph..

(1)

Council Regulation (EU) No 407/2010 of 11 May 2010 establishing a European financial stabilisation mechanism (OJ L 118, 12.5.2010, p. 1).

(2)

Council Regulation (EC) No 332/2002 of 18 February 2002 establishing a facility providing medium-term financial assistance for Member States' balances of payments (OJ L 53, 23.2.2002, p. 1).’;

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