Article 130U.K.Common rules for calculating interim payments and payment of the final balance
1.The Commission shall reimburse as interim payments 90 % of the amount resulting from applying the co-financing rate for each priority, laid down in the decision adopting the operational programme, to the eligible expenditure for the priority included in the payment application. The Commission shall determine the remaining amounts to be reimbursed as interim payments or to be recovered in accordance with Article 139.
[X12. The contribution from the Funds or the EMFF to a priority through the interim payments and payment of the final balance shall not be higher than:
(a) the eligible public expenditure indicated in the payment applications for the priority; or
(b) the contribution from the Funds or the EMFF for the priority laid down in the decision of the Commission approving the operational programme,
whichever is the lower.]
Editorial Information
X1 Substituted by Corrigendum to Regulation (EU) No 1303/2013 of the European Parliament and of the Council of 17 December 2013 laying down common provisions on the European Regional Development Fund, the European Social Fund, the Cohesion Fund, the European Agricultural Fund for Rural Development and the European Maritime and Fisheries Fund and laying down general provisions on the European Regional Development Fund, the European Social Fund, the Cohesion Fund and the European Maritime and Fisheries Fund and repealing Council Regulation (EC) No 1083/2006 (Official Journal of the European Union L 347 of 20 December 2013).