Amendments to financing memorandum. (1) If the public or equivalent expenditure actually incurred differs from the expenditure initially planned, the Community assistance granted will be varied to take account of this but may not exceed the maximum amount stated in the financing memorandum. A change in the rate of community assistance from the initially granted rate or of the maximum of the grant will require a modification of the financing memorandum in accordance with the procedure described in paragraph (3).
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