Commission Regulation (EC) No 1653/2004 Article 12
Commission Regulation (EC) No 1653/2004 Article 12
Article 12
If the balance of the outturn account within the meaning of Article 56 is positive, it shall be repaid to the Commission up to the amount of the subsidy paid during the year.
The difference between the subsidy referred to in Article 5 and that actually paid to the agency shall be cancelled.
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 12 of Commission Regulation (EC) No 1653/2004 (LawPlayer, data as of 2026-07-04)