Regulation (EU) No 1303/2013 of the European Parliament and of the CouncilShow full title

Article 20 U.K. Performance reserve

6 % of the resources allocated to the ERDF, ESF and the Cohesion Fund under the Investment for Growth and Jobs goal referred to in point (a) of Article 89(2) of this Regulation, as well as to the EAFRD and to measures financed under shared management in accordance with the EMFF Regulation shall constitute a performance reserve which shall be established in the Partnership Agreement and programmes and allocated to specific priorities in accordance with Article 22 of this Regulation.

The following resources are excluded for the purpose of calculating the performance reserve:

(a)

resources allocated to the YEI as defined in the operational programme in accordance with Article 18 of the ESF Regulation;

(b)

resources allocated to technical assistance at the initiative of the Commission;

(c)

resources transferred from the first pillar of the CAP to the EAFRD under Articles 7(2) and 14(1) of Regulation (EU) No 1307/2013;

(d)

transfers to the EAFRD in application of Articles 10b, 136 and 136b of Council Regulation (EC) No 73/2009 in respect of calendar years 2013 and 2014 respectively;

(e)

resources transferred to the CEF from the Cohesion Fund in accordance with Article 92(6) of this Regulation;

(f)

resources transferred to the Fund for European Aid for the Most Deprived in accordance with Article 92(7) of this Regulation;

(g)

resources allocated for innovative actions for sustainable urban development in accordance with Article 92(8) of this Regulation.