Article 2
1. The financial assistance referred to under Article 1(2) shall be paid to Cyprus provided that the implementation of the programme shall be in conformity with the relevant provisions of Community law, including rules on competition and on the award of public contracts and subject to the conditions provided for in points (a) to (e): (a) bringing into force by 1 January 2006 the laws, regulations and administrative provisions for implementing the survey; (b) forwarding an intermediate financial and technical evaluation covering the first eight months of the survey, at the latest two months after the end of this period. The report shall conform to the model as set out in Chapter 2 of the Annex; (c) forwarding a final report by 31 March 2007 at the latest on the overall execution and results of the survey for the whole period during which Community financial assistance was granted. The report shall contain a technical and financial evaluation covering the year 2006, in accordance with the model as set out in Chapter 2 of the Annex, accompanied by justifying evidence as to the costs incurred; (d) these reports providing substantive and valuable technical and scientific information corresponding to the purpose of the Community intervention; (e) implementing the programme effectively. 2. When the time limit in subparagraph 1(c) is not respected, the contribution shall be reduced by 25 % on 1 May, 50 % on 1 June, 75 % on 1 July and 100 % on 1 September 2007.