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Decision (EU) 2017/1324 Article 3

Decision (EU) 2017/1324 Article 3

Union financial contribution to PRIMA

Article 3

1.   The Union financial contribution, including EFTA appropriations, shall equal the Participating States' contributions to PRIMA. The Union financial contribution shall not exceed EUR 220 000 000. 2.   The Union financial contribution referred to in paragraph 1 of this Article shall be paid from the appropriations in the general budget of the Union allocated to the relevant parts of the specific programme implementing Horizon 2020, established by Council Decision 2013/743/EU  ( 8 ) , and in particular from Part II ‘Industrial leadership’ and Part III ‘Societal challenges’, in accordance with point (c)(vi) of Article 58(1) and Articles 60 and 61 of Regulation (EU, Euratom) No 966/2012. 3.   The Union financial contribution referred to in paragraph 1 of this Article shall be used by PRIMA-IS to: (a) fund the activities referred to in point (a) of Article 6(1); (b) cover PRIMA-IS administrative costs, up to a maximum of 6 % of the Union financial contribution referred to in paragraph 1 of this Article.

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Other provisions in Decision (EU) 2017/1324

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 Decision (EU) 2017/1324 (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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