In Chapter IIIa of Delegated Regulation (EU) 2022/127, the following Article is added:
‘Article 15b
Specific conditions for the payment of advances referred to in Article 44(3b) of Regulation (EU) 2021/2116
1. The payment of advances referred to in Article 44(3b) of Regulation (EU) 2021/2116 shall not exceed 80 % of the aid which aid applicants are entitled to for the implementation of one or more of the following activities in the course of the school year:
(a)
the supply or distribution of products to children;
(b)
accompanying educational measures;
(c)
monitoring or evaluation actions;
(d)
publicity.
2. The payment of advances referred to in paragraph 1 shall be subject to the lodging of a security at least equivalent to the amount of the advance.
3. By way of derogation from Article 19, the competent authority may also waive the security requirement where the party responsible for meeting the obligation is a public authority.’.