The amounts allocated to the European Peace Facility (‘EPF’) pursuant to Decision (CFSP) 2024/1470 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine shall be allocated to assistance measures for the supply of military support to the Ukrainian Armed Forces, in addition to the voluntary contributions referred to in Article 30 of Decision (CFSP) 2021/509.
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Council Decision (CFSP) 2024/1471 of 21 May 2024 on the allocation of the amounts of the financial contribution paid to the European Peace Facility pursuant to Decision (CFSP) 2024/1470
The administrative costs relating to the management of the amounts shall be covered by the amounts themselves. Appropriations corresponding to revenue from this specific financial contribution shall be opened once the payments are received and shall be carried over automatically. They shall be paid into dedicated bank accounts. They shall be used to implement the expenditure the administration of which has been entrusted to the EPF.
Military support under the EPF shall be provided in accordance with Decision (CFSP) 2021/509 and the EPF implementing rules.
In view of the evolving needs of the Ukrainian Armed Forces and in order to maximise the added value of the Union , the allocation of the received amounts between assistance measures shall be determined and periodically reviewed by the Facility Committee established in Article 11 of Decision (CFSP) 2021/509 in accordance with a dedicated strategic orientation provided by the Political and Security Committee pursuant to Article 9(2) of that Decision. The rules laid down in Article 5(5), as well as in Article 11(8) and (14) of that Decision shall apply. In view of the specific circumstances, the second sentence of Article 5(3) of Decision (CFSP) 2021/509 shall not apply.
This Decision shall enter into force on the day following that of its publication in the Official Journal of the European Union .
Cite this act
Council Decision (CFSP) 2024/1471 of 21 May 2024 on the allocation of the amounts of the financial contribution paid to the European Peace Facility pursuant to Decision (CFSP) 2024/1470 (EUR-Lex). Retrieved via LawPlayer, https://lawplayer.com/eu/act/32024D1471
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