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97/787/EC: Council Decision of 17 November 1997 providing… Article 3

Article 3

1. The total amount of the loan shall be made available by the Commission in 1997 together with the first instalment of the grant, subject to respect of the conditions of Article 1 (4). Subsequently, the remainder of the grant component shall be made available by the Commission in successive yearly instalments, subject to respect of the conditions of Article 1 (4) (b). 2. The funds shall be paid to the central banks of the recipient countries.

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Other provisions in 97/787/EC: Council Decision of 17 November 1997 providing…

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 3 of 97/787/EC: Council Decision of 17 November 1997 providing… (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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