Article 3
The Community contribution to financing the programme is limited to 75 % maximum expenditure on eligible measures as defined by Decision 93/522/EEC, and is set for 1996 at ECU 500 000 out of total expenditure of ECU 667 246 (VAT excluded). The schedule of programme costs and their financing is set out as Annex I to this Decision. If the total eligible expenditure for 1996 presented by Portugal was less than the forecast amount of ECU 667 246, the Community's contribution would be reduced in proportion. The Community will reimburse up to the amount specified in the first paragraph, at the financial rate of the ecu on 1 March 1996, i.e. ECU 1 = Esc 196,329.