Amendment to Regulation (EU) No 1303/2013
Article 1
Open βIn Article 120 of Regulation (EU) No 1303/2013, the following paragraph is added: β8.Β Β Β A separate priority axis with a co-financing rate of up to 95 % may be established within an operational programme to support operations which fulfil all of the following conditions: (a) the operations are selected by managing authorities in response to major or regional natural disasters as defined in Article 2(2) and (3) of Council Regulation (EC) NoΒ 2012/2002 Β ( *1 ) ; (b) the operations are aimed at reconstruction in response to the natural disaster; and (c) the operations are supported under an ERDF investment priority. The amount allocated to the operations referred to in the first subparagraph shall not exceed 5 % of the total ERDF allocation in a Member State for the 2014-2020 programming period. By way of derogation from Article 65(9), expenditure for operations under this priority axis shall be eligible from the date when the natural disaster occurred. Where expenditure in relation to operations referred to in the first subparagraph has been included in a payment application submitted to the Commission before the establishment of the separate priority axis, the Member State shall make the necessary adjustments to the next payment application and, where appropriate, to the next accounts submitted following the adoption of the amendment to the programme.