IPA III beneficiary definition
Examples of IPA III beneficiary in a sentence
Under indirect management by the IPA III beneficiary, the participating IPA III beneficiaries shall conclude for the whole duration of the programme a bilateral arrangement setting out their respective responsibilities for implementation of the programme.
Where contributions are required from both the Union and the IPA III beneficiary, payments of the Union contribution to the financing of the programmes concerned shall be calculated by applying the co-financing rate laid down in the sectoral or financing agreement to the eligible expenditure certified in accordance with Article 61(5) subject to the maximum amount of the Union contribution set out in the sectoral or financing agreement.
In these cases the national funds shall be treated as Union funds and paragraph 6 shall apply at the moment when the full payment of the IPA III beneficiary contribution, if any, and the Union contribution pre-financed from the national funds is recorded in the accounts of the Accounting Body.
The fact that the NAO does not succeed in recovering all or part of the funds shall not prevent the Commission from recovering the funds from the IPA III beneficiary.
Where the Commission proposes a financial correction based on an extrapolation of the findings or at a flat rate pursuant to Article 43(6), the IPA III beneficiary shall be given the opportunity to provide information which would allow the Commission to establish the actual extent of any situation defined in Article 43(2), through an examination of the documentation concerned.
Special provisions on liabilities shall be provided in the IPA III beneficiary country agreement if needed.
The NAO according to Clause 4(2) of Annex A to the financial framework partnership agreement, is responsible for setting up and functioning of the IPA III management and control system in the IPA III beneficiary.
A senior representative of the IPA III beneficiary shall chair the sectoral monitoring committee meetings.
If the IPA III beneficiary has not taken such measures, the Commission may decide to cancel all or part of the IPA III contribution to the programme in accordance with Article 43.
The Commission shall inform the IPA III beneficiary immediately of the reason of interruption and shall ask for its immediate observations and to remedy the situation if necessary.