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)”.