Scope
Article 27
Open ↗This Section shall apply in cases where specific Union rules, other than rules on sectoral interventions, provide that a sum may be advanced before the obligation established to obtain any aid or advantage has been met.
Source
Commission Delegated Regulation (EU) 2022/127 Section 4 — Securities with respect to advance payments
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
Release of securities
Article 28
Open ↗1. The security shall be released: (a) either when final entitlement to the sum granted as an advance has been established; (b) or when the sum granted, plus any addition provided for in the specific Union rules, has been repaid. 2. Once the deadline for proving final entitlement to the sum granted has passed without production of evidence of entitlement, the competent authority shall immediately follow the procedure for forfeiting the security. However, where specific Union rules so provide, evidence may still be produced after that date against partial repayment of the security.
Back to Commission Delegated Regulation (EU) 2022/127 — full text
Articles on this page are reproduced verbatim from official open data. See the attribution line.
Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.
What to look at next
Commission Delegated Regulation (EU) 2022/127, full textChapter navigation and full text, so you can read this section in contextEuropean Union legislationEU Legal Acts by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and yearEuropean Union: what this database coversWhich datasets are here, which official source they come from, and how current they areEuropean Union overview