Commission Delegated Regulation (EU) No 481/2014 Article 2
Commission Delegated Regulation (EU) No 481/2014 Article 2
General provisions
Article 2
1. Any expenditure eligible in accordance with this Regulation, paid by or on behalf of the beneficiary, shall relate to the costs of initiating or initiating and implementing an operation or part of an operation
2. The following costs are not eligible:
(a)
fines, financial penalties and expenditure on legal disputes and litigation;
(b)
costs of gifts, except those not exceeding EUR 50 per gift where related to promotion, communication, publicity or information;
(c)
costs related to fluctuation of foreign exchange rate.
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 2 of Commission Delegated Regulation (EU) No 481/2014 (LawPlayer, data as of 2026-07-04)
