1.

The Member States shall, in accordance with national provisions laid down by law, regulation or administrative action, take the measures necessary to: satisfy themselves that transactions financed by the Fund are actually carried out and executed correctly; prevent and deal with irregularities; recover sums lost as a result of irregularities or negligence. The Member States shall inform the Commission of the measures taken for those purposes and in particular of the state of the administrative and judicial procedures.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-09 · Text as adopted (Official Journal); later amendments are not incorporated in this text.