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2003/268/EC: Council Decision of 8 April 2003 concerning… Article 1

Article 1

The provision for the fees charged by the Bank to manage the Investment Facility and the interest rate subsidies including the resources reserved for the Overseas Countries and Territories (hereafter referred to as the "OCT", shall be equivalent to a maximum of 10 % over five years of EUR 2200 million. The fees are intended to cover in full the cost of managing the Investment Facility, including the management of sums allocated to finance interest subsidies for operations in the ACP States and the OCT, during the five years of the First Financial Protocol of the Cotonou Agreement.

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Other provisions in 2003/268/EC: Council Decision of 8 April 2003 concerning…

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 1 of 2003/268/EC: Council Decision of 8 April 2003 concerning… (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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