commiss regul ec march amend regul ec lai detail rule implement council regul ec elig expenditur oper financ structur fund withdraw regul ec commiss european commun regard treati establish european commun regard council regul ec june lai gener provis structur fund articl thereof consult committe set pursuant articl treati committe agricultur structur rural develop committe structur fisheri aquacultur common set rule elig set annex commiss regul ec regul enter forc august experi shown elig rule amend recognis elig charg transnat financi transact context assist peac ii commun initi subject deduct interest receiv payment account made clear payment ventur capit loan guarante fund constitut expenditur paid made explicit elig vat financ depend final beneficiari public privat rural develop made clear rule proof expenditur form receipt invoic appli prejudic specif rule establish commiss regul ec februari lai detail rule applic council regul ec support rural develop european agricultur guidanc guarante fund eaggf standard unit cost invest forestri sector determin sake clariti conveni annex regul ec replac entireti regulatori provis govern payment ventur capit loan guarante fund elig vat rais difficulti interpret due regard principl equal treatment purpos take account cost attribut transnat financi charg relev rule appli retroact regul ec amend regul ec adopt regul requir regard committe procedur fulli respect consequ regul ec withdrawn present regul appli entri forc regul ec measur provid regul accord opinion committe develop convers region adopt regul articl regul ec withdrawn articl annex regul ec replac annex regul articl regul enter forc dai public offici journal european union appli juli point annex appli august rule point rule point rule point regul bind entireti directli applic member state brussel march commiss michel barnier member commiss oj regul amend regul ec oj oj regul amend regul ec oj oj regul amend regul ec oj annex elig rule rule expenditur paid payment final beneficiari payment effect final beneficiari mean subparagraph articl regul ec hereinaft gener regul form cash subject except point case aid scheme articl treati aid grant bodi design member state quot payment effect final beneficiari quot mean aid paid individu recipi bodi grant aid payment aid final beneficiari justifi refer condit object aid payment ventur capit loan guarante fund includ ventur capit hold fund treat quot expenditur paid quot mean subparagraph articl gener regul provid fund meet requir rule case refer point quot payment effect final beneficiari quot mean payment effect bodi public privat firm type defin programm complement accord articl gener regul direct respons commiss specif oper condit set point depreci contribut kind overhead form part payment refer point structur fund financ oper exce total elig expenditur exclud contribut kind end oper cost depreci real estat equip direct link object oper elig expenditur provid nation commun grant contribut purchas real estat equip depreci cost calcul accord relev account rule cost relat exclus period financ oper question kind contribut elig expenditur provid consist provis land real estat equip materi research profession activ unpaid voluntari work made respect financi engin measur refer rule independ assess audit case provis land real estat certifi independ qualifi valuer duli authoris offici bodi case unpaid voluntari work work determin take account amount time spent normal hourli daili rate work carri provis rule compli applic overhead elig expenditur provid base real cost relat implement oper financ structur fund alloc pro rata oper duli justifi fair equit method provis point applic individu recipi refer point case aid scheme articl treati aid grant bodi design member state member state appli stricter nation rule determin elig expenditur point proof expenditur gener rule payment final beneficiari declar interim payment payment final balanc support receipt invoic payment support account document equival prob rural develop provis point appli prejudic specif rule establish commiss regul ec lai detail rule applic council regul ec support rural develop european agricultur guidanc guarante fund eaggf case determin standard unit cost invest forestri sector addit oper execut framework public procur procedur payment final beneficiari declar interim payment payment final balanc support receipt invoic issu accord provis sign contract case includ award public grant payment final beneficiari declar interim payment payment final balanc justifi expenditur paid includ expenditur refer point bodi public privat firm concern implement oper subcontract prejudic applic stricter nation rule expenditur relat subcontract inelig financ structur fund subcontract add cost execut oper ad proportion subcontract intermediari consult payment defin percentag total cost oper payment justifi final beneficiari refer actual work servic provid subcontract subcontractor undertak provid audit control bodi inform relat subcontract activ rule account treatment receipt quot receipt quot purpos rule cover revenu receiv oper period financ longer period closur assist fix member state sale rental servic enrol fee equival receipt except receipt gener econom lifetim financ invest subject specif provis articl gener regul receipt gener framework financi engin measur refer rule contribut privat sector financ oper alongsid public contribut financ tabl relev assist receipt point repres incom reduc amount financ structur fund requir oper question structur fund particip calcul time closur assist deduct oper elig expenditur entireti pro rata depend gener part financ oper rule financi charg legal expens financi charg debit interest expenditur interest subsidi reduc cost borrow busi approv state aid scheme charg financi transact foreign exchang commiss loss pure financi expens elig financ structur fund charg transnat financi transact assist peac ii commun initi interreg iii leader equal urban ii elig cofinanc structur fund deduct interest receiv payment account case global grant debit interest charg paid design intermediari prior payment final balanc assist elig deduct interest receiv payment account bank charg account financ structur fund requir open separ account account implement oper bank charg open administ account elig legal fee advic notari fee cost technic financi expertis account audit cost cost elig directli link oper prepar implement case account audit cost relat requir manag author cost guarante provid bank financi institut cost elig extent guarante requir nation commun legisl commiss decis approv assist fine financi penalti expens litig expens elig rule purchas hand equip purchas cost hand equip elig financ structur fund condit prejudic applic stricter nation rule seller equip provid declar state origin confirm point previou year purchas aid nation commun grant price equip exce market cost similar equip equip technic characterist oper compli applic norm standard rule purchas land gener rule cost purchas land built elig financ structur fund condit prejudic applic stricter nation rule direct link land purchas object oper financ case point land purchas repres total elig expenditur oper higher percentag fix assist approv commiss certif obtain independ qualifi valuer duli authoris offici bodi confirm purchas price exce market case aid scheme articl treati elig land purchas assess term aid scheme entireti environment conserv oper environment conserv oper condit met expenditur elig purchas subject posit decis manag author land devot intend period determin decis land agricultur purpos save duli justifi case accept manag author purchas made behalf public institut bodi govern public law rule purchas real estat gener rule cost purchas real estat build construct land built elig financ structur fund direct link purchas object oper concern condit set point prejudic applic stricter nation rule term elig certif obtain independ qualifi valuer duli authoris offici bodi establish price exce market attest build conform nation regul point conform rectif final beneficiari foreseen oper build receiv previou year nation commun grant give rise duplic aid event financ purchas structur fund real estat purpos period decid manag author build conform object oper build accommod public administr servic conform elig activ structur fund concern rule vat tax charg vat constitut elig expenditur genuin definit born final beneficiari individu recipi aid scheme pursuant articl treati case aid grant bodi design member state vat recover mean consid elig recov final beneficiari individu recipi public privat statu final beneficiari individu recipi account determin vat constitut elig expenditur applic provis rule vat recover final beneficiari individu recipi virtu applic specif nation rule constitut elig expenditur rule full complianc sixth council direct eec vat final beneficiari individu recipi subject flat rate scheme titl xiv sixth council direct eec vat vat paid consid recover purpos point commun financ exce total elig expenditur exclud vat prejudic provis articl gener regul tax charg direct tax social secur contribut wage salari aris financ structur fund constitut elig expenditur genuin definit born final beneficiari individu recipi rule ventur capit loan fund gener rule structur fund financ capit ventur capit loan fund ventur capit hold fund hereinaft fund condit set point purpos rule quot ventur capit fund loan fund quot mean invest vehicl establish specif provid equiti form risk capit includ loan small medium size enterpris defin commiss recommend ec amend recommend quot ventur capit hold fund quot mean fund set invest ventur capit loan fund structur fund particip fund accompani invest guarante commun financ instrument condit prudent busi plan submit financi sponsor fund inter alia target market criteria term condit financ oper budget fund ownership financ partner profession compet independ manag fund law justif intend utilis structur fund contribut invest exit polici wind provis fund includ reutilis return attribut contribut structur fund busi plan carefulli apprais implement monitor respons manag author fund set independ legal entiti govern agreement sharehold separ block financ exist financi institut case fund subject separ implement agreement stipul keep separ account distinguish resourc invest fund includ contribut structur fund initi institut particip fund make contribut cash commiss partner sharehold fund contribut structur fund subject limit laid articl gener regul fund invest sme establish earli stage includ seed capit expans activ fund manag judg potenti econom viabl assess viabil account sourc incom enterpris question fund invest firm difficulti mean commun guidelin state aid rescu restructur firm difficulti precaut minimis distort competit ventur capit lend market return equiti invest loan pro rata share manag cost preferenti alloc privat sector sharehold level remuner laid sharehold agreement alloc proportion sharehold structur fund return fund attribut structur fund contribut reus sme develop activ elig area manag cost exce paid capit yearli averag durat assist competit tender higher percentag prove time closur oper elig expenditur fund final beneficiari capit fund invest loan sme includ manag cost incur contribut fund structur fund public sourc invest made fund individu sme subject rule state aid recommend commiss recommend standard good practic set point fund structur fund contribut commiss regard complianc recommend posit element examin fund compat state aid rule recommend bind purpos elig expenditur financi contribut privat sector substanti fund larg cover wide target popul ensur oper potenti econom viabl time scale invest compat period structur fund particip focus area market failur time payment capit fund structur fund sharehold pro rata stake subscrib fund manag independ profession team suffici busi experi demonstr capabl credibl manag ventur capit fund manag team chosen basi competit select process take account level fee envisag fund acquir major stake firm pursu object realis invest life fund rule guarante fund gener rule structur fund financ capit guarante fund condit set point purpos rule quot guarante fund quot financ instrument guarante ventur capit loan fund mean rule sme risk financ scheme includ loan loss aris invest small medium size enterpris defin recommend ec amend commiss recommend fund publicli support mutual fund subscrib sme commerci run fund privat sector partner wholli publicli financ fund structur fund particip fund accompani part guarante provid commun financ instrument condit prudent busi plan submit financi sponsor fund ventur capit fund rule mutati mutandi target guarante portfolio busi plan carefulli apprais implement monitor respons manag author fund set independ legal entiti govern agreement sharehold separ block financ exist financi institut case quot fund quot subject separ implement agreement stipul keep separ account distinguish resourc invest fund includ contribut structur fund initi institut commiss partner sharehold fund fund guarante invest activ judg potenti econom viabl fund provid guarante firm difficulti mean commun guidelin state aid rescu restructur firm difficulti part structur fund contribut left guarante honour reus sme develop activ elig area manag cost exce paid capit yearli averag durat assist competit tender higher percentag prove time closur oper elig expenditur fund final beneficiari amount paid capit fund basi independ audit cover guarante provid includ manag cost incur contribut guarante fund structur fund public sourc guarante provid fund individu sme subject rule state aid rule leas gener rule expenditur incur relat leas oper elig financ structur fund subject rule set point aid lessor lessor direct recipi commun financ reduct leas rental payment made lesse respect asset cover leas contract leas contract commun aid paid includ option purchas provid minimum leas period equal life asset contract relat leas contract termin expiri minimum leas period prior approv compet author lessor undertak repai nation author concern credit fund part commun aid remaind leas period purchas asset lessor support receipt invoic account document equal prob constitut expenditur elig financ maximum amount elig commun financ exce market asset leas cost connect leas contract notabl tax lessor margin interest refinanc cost overhead insur charg expenditur refer point elig expenditur commun aid paid lessor entireti benefit lesse mean uniform reduct leas rental durat leas period lessor demonstr benefit commun aid transfer fulli lesse establish breakdown rental payment altern method give equival assur cost refer point fiscal benefit aris leas oper condit contract equival applic absenc commun financi intervent aid lesse lesse direct recipi commun financ leas rental paid lessor lesse support receipt invoic account document equival prob constitut expenditur elig financ case leas contract includ option purchas provid minimum leas period equal life asset contract relat maximum amount elig commun financ exce market asset leas cost connect leas contract tax lessor margin interest refinanc cost overhead insur charg elig expenditur commun aid respect leas contract refer point paid lesse tranch respect leas rental effect paid term leas contract exce final date take account payment commun assist expenditur relat leas rental fall due paid lesse final date payment assist consid elig case leas contract option purchas durat period life asset leas contract relat leas rental elig financ commun proport period elig oper lesse demonstr leas cost effect method obtain equip cost lower altern method hire equip addit cost deduct elig expenditur member state appli stricter nation rule determin elig expenditur point sale leas back leas rental paid lesse sale leas back scheme elig expenditur rule set point acquisit cost asset elig commun financ rule cost incur manag implement structur fund gener rule cost incur member state manag implement monitor control structur fund inelig financ provid point fall categori set point categori manag implement monitor control expenditur elig financ categori expenditur elig financ assist condit set point expenditur relat prepar select apprais monitor assist oper exclud expenditur acquisit instal computeris system manag monitor evalu expenditur meet monitor committe committe relat implement assist expenditur includ cost expert particip committe includ countri particip chairperson committe consid presenc essenti effect implement assist expenditur relat audit spot check oper expenditur salari includ social secur contribut elig case civil servant public offici second duli document decis compet author carri task refer point staff emploi carri task refer point period second employ exce final date elig expenditur laid decis approv assist structur fund contribut expenditur point limit maximum amount fix assist approv commiss exce limit set point assist commun initi peac ii special programm innov action limit sum amount part total structur fund contribut equal eur million part total structur fund contribut exce eur million equal eur million part total structur fund contribut exce eur million equal eur million part total structur fund contribut exce eur million commun initi innov action peac ii special programm limit structur fund total contribut assist involv particip member state limit increas account higher cost manag implement fix commiss decis purpos calcul amount limit point structur fund total contribut total fix assist approv commiss implement point rule agre commiss member state laid assist rate contribut fix accord articl gener regul purpos monitor cost refer subject separ measur submeasur technic assist expenditur technic assist action financ technic assist set point studi seminar inform action evalu acquisit instal computeris system manag monitor evalu subject condit set point expenditur salari civil servant public offici carri action elig expenditur public administr relat execut oper expenditur public administr elig financ technic assist relat execut oper provid aris statutori respons public author author dai dai manag monitor control task cost profession servic render public servic implement oper cost invoic final beneficiari public privat certifi basi document equival prob permit identif real cost paid public servic concern relat oper cost implement oper includ expenditur relat provis servic born public author final beneficiari execut oper account recours engin firm expenditur concern relat expenditur directli paid financ oper certifi basi document permit identif real cost paid public servic concern relat oper rule elig oper depend locat gener rule gener rule oper financ structur fund locat region assist relat except region assist relat benefit wholli partli oper locat region oper accept manag author financ provid condit set point satisfi case oper accept elig financ procedur point oper financ financi instrument fisheri guidanc fifg procedur point oper locat nut iii area member state immedi adjac region assist relat maximum elig expenditur oper determin pro rata proport benefit oper foreseen accru region base evalu bodi independ manag author benefit assess take account specif target assist expect impact oper accept financ proport benefit measur assist elig expenditur oper accept point exce total elig expenditur measur addit elig expenditur oper assist accept point exce total elig expenditur assist oper accept manag author point annual final implement report assist case case oper locat region assist relat fulfil condit point oper financ fifg accept oper financ subject prior approv commiss case case basi request submit member state take account proxim oper region level benefit region foreseen amount expenditur proport total expenditur measur assist case assist relat outermost region procedur point applic oj oj oj annex ii correl tabl gt tabl gt