Article 1 
Subject to the annual budget procedure and in accordance with the second paragraph of point 34 of the Interinstitutional Agreement of 6 May 1999 between the European Parliament, the Council and the Commission on budgetary discipline and improvement of the budgetary procedure, an annual contribution of EUR 15 million shall be made to the Fund for each of the years 2003 and 2004, amounting to a total contribution of EUR 30 million. Article 2 The contribution shall be used by the Fund in accordance with the Agreement under which it was established, priority being given to projects of a cross-border or cross-Community nature, in such a way as to complement the activities financed by the Community Structural Funds, and especially the activities of the PEACE Programme. It shall be used in such a way as to bring about sustainable economic and social improvement in the areas concerned. It shall not be used as a substitute for other public and private expenditure. Article 3 The Commission shall represent the Community as an observer at the meetings of the Board. The Fund shall be represented as an observer at the Monitoring Committee meetings of the PEACE programme, and of other Community Structural Funds interventions, as appropriate. Article 4 The Commission shall foster coordination at all levels between the Fund's Board and agents, and the managing bodies set up under the Community Structural Funds interventions concerned, in particular under the PEACE programme. Article 5 The Commission shall, in cooperation with the Board, determine appropriate publicity and information procedures in order to publicise the Community's contribution to the projects financed by the Fund. Article 6 By 31 March 2004 at the latest, the Commission shall submit a report to the budgetary authority, assessing the results of the activities of the Fund and the need for continuing contributions beyond 2004, taking into account developments in the peace process in Northern Ireland. That report shall incorporate, inter alia, the following: (a) a survey of the Fund's activities; (b) a list of projects which have received aid; (c) an assessment of the nature and impact of the Fund's activities, notably in relation to its objectives and the criteria laid down in Articles 2 and 8; (d) an assessment of action taken by the Fund as regards cooperation and coordination with Community Structural Funds interventions, taking account, in particular, of obligations under Articles 3, 4 and 5; (e) an annex setting out the results of the verifications and controls carried out by the Commission pursuant to the undertaking referred to in Article 7. Article 7 The Commission shall administer the contributions. Subject to an assessment of the Fund's financial needs, the annual contribution shall normally be paid in instalments as follows: (a) a first advance payment of 40 % shall be made after the Commission has received an undertaking, signed by the Chairman of the Board, to the effect that the Fund will comply with the conditions attaching, in accordance with this Regulation, to the grant of the contribution; (b) a second advance payment of 40 % shall be made six months later; (c) a final payment of 20 % shall be made after the Commission has received and accepted the Fund's annual activity report and audited accounts for the year in question. If the assessment referred to in the second subparagraph leads to the conclusion that, at the material date, the Fund's financial needs do not justify payment of one of those instalments, the payment concerned shall be suspended until such time as the Commission concludes, on the basis of new information provided by the Fund, that it is justified. Article 8 The contribution referred to in Article 1 shall be subject to the condition that, in the case of an operation which receives or is due to receive financial assistance under a Community Structural Funds intervention, a contribution from the Fund may be allocated to that operation only if the sum arrived at when the figure representing 40 % of the amount of the Fund's contribution is added to the figure representing the amount of assistance from the Community Structural Funds does not exceed 75 % of the operation's total eligible costs. Article 9 This Regulation shall enter into force on 1 January 2003. It shall expire on 31 December 2004. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 10 December 2002. For the Council The President P. S. Møller (1) Opinion delivered on 20 November 2002 (not yet published in the Official Journal). (2) OJ L 286, 5.11.1994, p. 5. (3) OJ L 353, 24.12.1997, p. 5. (4) OJ L 24, 29.1.2000, p. 7. (5) OJ C 172, 18.6.1999, p. 1.
Article 2 
The contribution shall be used by the Fund in accordance with the Agreement under which it was established, priority being given to projects of a cross-border or cross-Community nature, in such a way as to complement the activities financed by the Community Structural Funds, and especially the activities of the PEACE Programme. It shall be used in such a way as to bring about sustainable economic and social improvement in the areas concerned. It shall not be used as a substitute for other public and private expenditure. Article 3 The Commission shall represent the Community as an observer at the meetings of the Board. The Fund shall be represented as an observer at the Monitoring Committee meetings of the PEACE programme, and of other Community Structural Funds interventions, as appropriate. Article 4 The Commission shall foster coordination at all levels between the Fund's Board and agents, and the managing bodies set up under the Community Structural Funds interventions concerned, in particular under the PEACE programme. Article 5 The Commission shall, in cooperation with the Board, determine appropriate publicity and information procedures in order to publicise the Community's contribution to the projects financed by the Fund. Article 6 By 31 March 2004 at the latest, the Commission shall submit a report to the budgetary authority, assessing the results of the activities of the Fund and the need for continuing contributions beyond 2004, taking into account developments in the peace process in Northern Ireland. That report shall incorporate, inter alia, the following: (a) a survey of the Fund's activities; (b) a list of projects which have received aid; (c) an assessment of the nature and impact of the Fund's activities, notably in relation to its objectives and the criteria laid down in Articles 2 and 8; (d) an assessment of action taken by the Fund as regards cooperation and coordination with Community Structural Funds interventions, taking account, in particular, of obligations under Articles 3, 4 and 5; (e) an annex setting out the results of the verifications and controls carried out by the Commission pursuant to the undertaking referred to in Article 7. Article 7 The Commission shall administer the contributions. Subject to an assessment of the Fund's financial needs, the annual contribution shall normally be paid in instalments as follows: (a) a first advance payment of 40 % shall be made after the Commission has received an undertaking, signed by the Chairman of the Board, to the effect that the Fund will comply with the conditions attaching, in accordance with this Regulation, to the grant of the contribution; (b) a second advance payment of 40 % shall be made six months later; (c) a final payment of 20 % shall be made after the Commission has received and accepted the Fund's annual activity report and audited accounts for the year in question. If the assessment referred to in the second subparagraph leads to the conclusion that, at the material date, the Fund's financial needs do not justify payment of one of those instalments, the payment concerned shall be suspended until such time as the Commission concludes, on the basis of new information provided by the Fund, that it is justified. Article 8 The contribution referred to in Article 1 shall be subject to the condition that, in the case of an operation which receives or is due to receive financial assistance under a Community Structural Funds intervention, a contribution from the Fund may be allocated to that operation only if the sum arrived at when the figure representing 40 % of the amount of the Fund's contribution is added to the figure representing the amount of assistance from the Community Structural Funds does not exceed 75 % of the operation's total eligible costs. Article 9 This Regulation shall enter into force on 1 January 2003. It shall expire on 31 December 2004. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 10 December 2002. For the Council The President P. S. Møller (1) Opinion delivered on 20 November 2002 (not yet published in the Official Journal). (2) OJ L 286, 5.11.1994, p. 5. (3) OJ L 353, 24.12.1997, p. 5. (4) OJ L 24, 29.1.2000, p. 7. (5) OJ C 172, 18.6.1999, p. 1.
Article 3 
The Commission shall represent the Community as an observer at the meetings of the Board. The Fund shall be represented as an observer at the Monitoring Committee meetings of the PEACE programme, and of other Community Structural Funds interventions, as appropriate. Article 4 The Commission shall foster coordination at all levels between the Fund's Board and agents, and the managing bodies set up under the Community Structural Funds interventions concerned, in particular under the PEACE programme. Article 5 The Commission shall, in cooperation with the Board, determine appropriate publicity and information procedures in order to publicise the Community's contribution to the projects financed by the Fund. Article 6 By 31 March 2004 at the latest, the Commission shall submit a report to the budgetary authority, assessing the results of the activities of the Fund and the need for continuing contributions beyond 2004, taking into account developments in the peace process in Northern Ireland. That report shall incorporate, inter alia, the following: (a) a survey of the Fund's activities; (b) a list of projects which have received aid; (c) an assessment of the nature and impact of the Fund's activities, notably in relation to its objectives and the criteria laid down in Articles 2 and 8; (d) an assessment of action taken by the Fund as regards cooperation and coordination with Community Structural Funds interventions, taking account, in particular, of obligations under Articles 3, 4 and 5; (e) an annex setting out the results of the verifications and controls carried out by the Commission pursuant to the undertaking referred to in Article 7. Article 7 The Commission shall administer the contributions. Subject to an assessment of the Fund's financial needs, the annual contribution shall normally be paid in instalments as follows: (a) a first advance payment of 40 % shall be made after the Commission has received an undertaking, signed by the Chairman of the Board, to the effect that the Fund will comply with the conditions attaching, in accordance with this Regulation, to the grant of the contribution; (b) a second advance payment of 40 % shall be made six months later; (c) a final payment of 20 % shall be made after the Commission has received and accepted the Fund's annual activity report and audited accounts for the year in question. If the assessment referred to in the second subparagraph leads to the conclusion that, at the material date, the Fund's financial needs do not justify payment of one of those instalments, the payment concerned shall be suspended until such time as the Commission concludes, on the basis of new information provided by the Fund, that it is justified. Article 8 The contribution referred to in Article 1 shall be subject to the condition that, in the case of an operation which receives or is due to receive financial assistance under a Community Structural Funds intervention, a contribution from the Fund may be allocated to that operation only if the sum arrived at when the figure representing 40 % of the amount of the Fund's contribution is added to the figure representing the amount of assistance from the Community Structural Funds does not exceed 75 % of the operation's total eligible costs. Article 9 This Regulation shall enter into force on 1 January 2003. It shall expire on 31 December 2004. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 10 December 2002. For the Council The President P. S. Møller (1) Opinion delivered on 20 November 2002 (not yet published in the Official Journal). (2) OJ L 286, 5.11.1994, p. 5. (3) OJ L 353, 24.12.1997, p. 5. (4) OJ L 24, 29.1.2000, p. 7. (5) OJ C 172, 18.6.1999, p. 1.
Article 4 
The Commission shall foster coordination at all levels between the Fund's Board and agents, and the managing bodies set up under the Community Structural Funds interventions concerned, in particular under the PEACE programme. Article 5 The Commission shall, in cooperation with the Board, determine appropriate publicity and information procedures in order to publicise the Community's contribution to the projects financed by the Fund. Article 6 By 31 March 2004 at the latest, the Commission shall submit a report to the budgetary authority, assessing the results of the activities of the Fund and the need for continuing contributions beyond 2004, taking into account developments in the peace process in Northern Ireland. That report shall incorporate, inter alia, the following: (a) a survey of the Fund's activities; (b) a list of projects which have received aid; (c) an assessment of the nature and impact of the Fund's activities, notably in relation to its objectives and the criteria laid down in Articles 2 and 8; (d) an assessment of action taken by the Fund as regards cooperation and coordination with Community Structural Funds interventions, taking account, in particular, of obligations under Articles 3, 4 and 5; (e) an annex setting out the results of the verifications and controls carried out by the Commission pursuant to the undertaking referred to in Article 7. Article 7 The Commission shall administer the contributions. Subject to an assessment of the Fund's financial needs, the annual contribution shall normally be paid in instalments as follows: (a) a first advance payment of 40 % shall be made after the Commission has received an undertaking, signed by the Chairman of the Board, to the effect that the Fund will comply with the conditions attaching, in accordance with this Regulation, to the grant of the contribution; (b) a second advance payment of 40 % shall be made six months later; (c) a final payment of 20 % shall be made after the Commission has received and accepted the Fund's annual activity report and audited accounts for the year in question. If the assessment referred to in the second subparagraph leads to the conclusion that, at the material date, the Fund's financial needs do not justify payment of one of those instalments, the payment concerned shall be suspended until such time as the Commission concludes, on the basis of new information provided by the Fund, that it is justified. Article 8 The contribution referred to in Article 1 shall be subject to the condition that, in the case of an operation which receives or is due to receive financial assistance under a Community Structural Funds intervention, a contribution from the Fund may be allocated to that operation only if the sum arrived at when the figure representing 40 % of the amount of the Fund's contribution is added to the figure representing the amount of assistance from the Community Structural Funds does not exceed 75 % of the operation's total eligible costs. Article 9 This Regulation shall enter into force on 1 January 2003. It shall expire on 31 December 2004. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 10 December 2002. For the Council The President P. S. Møller (1) Opinion delivered on 20 November 2002 (not yet published in the Official Journal). (2) OJ L 286, 5.11.1994, p. 5. (3) OJ L 353, 24.12.1997, p. 5. (4) OJ L 24, 29.1.2000, p. 7. (5) OJ C 172, 18.6.1999, p. 1.
Article 5 
The Commission shall, in cooperation with the Board, determine appropriate publicity and information procedures in order to publicise the Community's contribution to the projects financed by the Fund. Article 6 By 31 March 2004 at the latest, the Commission shall submit a report to the budgetary authority, assessing the results of the activities of the Fund and the need for continuing contributions beyond 2004, taking into account developments in the peace process in Northern Ireland. That report shall incorporate, inter alia, the following: (a) a survey of the Fund's activities; (b) a list of projects which have received aid; (c) an assessment of the nature and impact of the Fund's activities, notably in relation to its objectives and the criteria laid down in Articles 2 and 8; (d) an assessment of action taken by the Fund as regards cooperation and coordination with Community Structural Funds interventions, taking account, in particular, of obligations under Articles 3, 4 and 5; (e) an annex setting out the results of the verifications and controls carried out by the Commission pursuant to the undertaking referred to in Article 7. Article 7 The Commission shall administer the contributions. Subject to an assessment of the Fund's financial needs, the annual contribution shall normally be paid in instalments as follows: (a) a first advance payment of 40 % shall be made after the Commission has received an undertaking, signed by the Chairman of the Board, to the effect that the Fund will comply with the conditions attaching, in accordance with this Regulation, to the grant of the contribution; (b) a second advance payment of 40 % shall be made six months later; (c) a final payment of 20 % shall be made after the Commission has received and accepted the Fund's annual activity report and audited accounts for the year in question. If the assessment referred to in the second subparagraph leads to the conclusion that, at the material date, the Fund's financial needs do not justify payment of one of those instalments, the payment concerned shall be suspended until such time as the Commission concludes, on the basis of new information provided by the Fund, that it is justified. Article 8 The contribution referred to in Article 1 shall be subject to the condition that, in the case of an operation which receives or is due to receive financial assistance under a Community Structural Funds intervention, a contribution from the Fund may be allocated to that operation only if the sum arrived at when the figure representing 40 % of the amount of the Fund's contribution is added to the figure representing the amount of assistance from the Community Structural Funds does not exceed 75 % of the operation's total eligible costs. Article 9 This Regulation shall enter into force on 1 January 2003. It shall expire on 31 December 2004. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 10 December 2002. For the Council The President P. S. Møller (1) Opinion delivered on 20 November 2002 (not yet published in the Official Journal). (2) OJ L 286, 5.11.1994, p. 5. (3) OJ L 353, 24.12.1997, p. 5. (4) OJ L 24, 29.1.2000, p. 7. (5) OJ C 172, 18.6.1999, p. 1.
Article 6 
By 31 March 2004 at the latest, the Commission shall submit a report to the budgetary authority, assessing the results of the activities of the Fund and the need for continuing contributions beyond 2004, taking into account developments in the peace process in Northern Ireland. That report shall incorporate, inter alia, the following: (a) a survey of the Fund's activities; (b) a list of projects which have received aid; (c) an assessment of the nature and impact of the Fund's activities, notably in relation to its objectives and the criteria laid down in Articles 2 and 8; (d) an assessment of action taken by the Fund as regards cooperation and coordination with Community Structural Funds interventions, taking account, in particular, of obligations under Articles 3, 4 and 5; (e) an annex setting out the results of the verifications and controls carried out by the Commission pursuant to the undertaking referred to in Article 7. Article 7 The Commission shall administer the contributions. Subject to an assessment of the Fund's financial needs, the annual contribution shall normally be paid in instalments as follows: (a) a first advance payment of 40 % shall be made after the Commission has received an undertaking, signed by the Chairman of the Board, to the effect that the Fund will comply with the conditions attaching, in accordance with this Regulation, to the grant of the contribution; (b) a second advance payment of 40 % shall be made six months later; (c) a final payment of 20 % shall be made after the Commission has received and accepted the Fund's annual activity report and audited accounts for the year in question. If the assessment referred to in the second subparagraph leads to the conclusion that, at the material date, the Fund's financial needs do not justify payment of one of those instalments, the payment concerned shall be suspended until such time as the Commission concludes, on the basis of new information provided by the Fund, that it is justified. Article 8 The contribution referred to in Article 1 shall be subject to the condition that, in the case of an operation which receives or is due to receive financial assistance under a Community Structural Funds intervention, a contribution from the Fund may be allocated to that operation only if the sum arrived at when the figure representing 40 % of the amount of the Fund's contribution is added to the figure representing the amount of assistance from the Community Structural Funds does not exceed 75 % of the operation's total eligible costs. Article 9 This Regulation shall enter into force on 1 January 2003. It shall expire on 31 December 2004. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 10 December 2002. For the Council The President P. S. Møller (1) Opinion delivered on 20 November 2002 (not yet published in the Official Journal). (2) OJ L 286, 5.11.1994, p. 5. (3) OJ L 353, 24.12.1997, p. 5. (4) OJ L 24, 29.1.2000, p. 7. (5) OJ C 172, 18.6.1999, p. 1.
Article 7 
The Commission shall administer the contributions. Subject to an assessment of the Fund's financial needs, the annual contribution shall normally be paid in instalments as follows: (a) a first advance payment of 40 % shall be made after the Commission has received an undertaking, signed by the Chairman of the Board, to the effect that the Fund will comply with the conditions attaching, in accordance with this Regulation, to the grant of the contribution; (b) a second advance payment of 40 % shall be made six months later; (c) a final payment of 20 % shall be made after the Commission has received and accepted the Fund's annual activity report and audited accounts for the year in question. If the assessment referred to in the second subparagraph leads to the conclusion that, at the material date, the Fund's financial needs do not justify payment of one of those instalments, the payment concerned shall be suspended until such time as the Commission concludes, on the basis of new information provided by the Fund, that it is justified. Article 8 The contribution referred to in Article 1 shall be subject to the condition that, in the case of an operation which receives or is due to receive financial assistance under a Community Structural Funds intervention, a contribution from the Fund may be allocated to that operation only if the sum arrived at when the figure representing 40 % of the amount of the Fund's contribution is added to the figure representing the amount of assistance from the Community Structural Funds does not exceed 75 % of the operation's total eligible costs. Article 9 This Regulation shall enter into force on 1 January 2003. It shall expire on 31 December 2004. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 10 December 2002. For the Council The President P. S. Møller (1) Opinion delivered on 20 November 2002 (not yet published in the Official Journal). (2) OJ L 286, 5.11.1994, p. 5. (3) OJ L 353, 24.12.1997, p. 5. (4) OJ L 24, 29.1.2000, p. 7. (5) OJ C 172, 18.6.1999, p. 1.
Article 8 
The contribution referred to in Article 1 shall be subject to the condition that, in the case of an operation which receives or is due to receive financial assistance under a Community Structural Funds intervention, a contribution from the Fund may be allocated to that operation only if the sum arrived at when the figure representing 40 % of the amount of the Fund's contribution is added to the figure representing the amount of assistance from the Community Structural Funds does not exceed 75 % of the operation's total eligible costs. Article 9 This Regulation shall enter into force on 1 January 2003. It shall expire on 31 December 2004. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 10 December 2002. For the Council The President P. S. Møller (1) Opinion delivered on 20 November 2002 (not yet published in the Official Journal). (2) OJ L 286, 5.11.1994, p. 5. (3) OJ L 353, 24.12.1997, p. 5. (4) OJ L 24, 29.1.2000, p. 7. (5) OJ C 172, 18.6.1999, p. 1.
Article 9 
This Regulation shall enter into force on 1 January 2003. It shall expire on 31 December 2004. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 10 December 2002