Amendment of the Common Provisions Regulation2
1
The Common Provisions Regulation3 is amended as follows.
2
In Article 2(10)(a) (definitions), for “EUR 200 000” substitute “GBP 166,667”.
3
Omit Article 5(4).
4
For Article 26 (preparation of programmes) substitute—
Article 26Support for rural development under the programme
Support for rural development must be implemented through a programme until 31 December 2024.
5
In Article 50(1) (implementation reports), for “2023” substitute “2024”.
6
In Article 61(7) (operations generating net revenue after completion), in both places it occurs, for the words “EUR 1 000 000” substitute “GBP 833,333”.
7
In Article 65 (eligibility)–
a
for paragraph 2 substitute—
2
Expenditure is eligible for support for rural development if it has been incurred by a beneficiary and paid between 1 January 2021 and 31 December 2024.
b
in paragraph 4—
i
for “2014” substitute “2021”,
ii
for “2023” substitute “2024”,
c
in paragraph 8, in the third subparagraph, in point (i), for “EUR 100 000” substitute “GBP 83,333”,
d
in paragraph 9, in the first subparagraph, for the words from “submission” to the end substitute “adoption of that amendment by the Scottish Ministers.”.
8
In Article 67(5)(aa) (forms of grants and repayable assistance), for “EUR 100 000” substitute “GBP 83,333”.
9
In Article 80 (use of the euro)—
a
for the heading substitute “Currency”,
b
for “payment applications, accounts” substitute “statutory reporting”,
c
for “euros” substitute “sterling (GBP)”.