Article 28
Decision on the contributions from the Funds 1. Provided that all the requirements of this Regulation are fulfilled, the Commission shall adopt in a single decision the contributions of all the Funds within five months of receipt of the application for assistance. The decision shall distinguish clearly the regions and areas receiving transitional support, where applicable. A maximum contribution from the Funds shall be set for each priority in the assistance. For a given period, a measure may not receive a financial contribution from more than one fund at a time. A measure or operation may benefit from a contribution from a Structural Fund under only one of the objectives referred to in Article 1 at a time. No operation may benefit simultaneously from a contribution from a Fund under Objective 1, 2 or 3 and under a Community initiative. No operation may benefit simultaneously from a contribution from a Fund under Objective 1, 2 or 3 and under the EAGGF Guarantee Section. No operation may benefit simultaneously from a contribution from a Fund under a Community initiative and under the EAGGF Guarantee Section. 2. The contribution of the Funds to operational programmes undertaken in implementing a Community support framework shall be consistent with the financing plan laid down in the corresponding Community support framework, as set out in Article 17(2)(c). 3. In implementing measures, the contribution of the Funds shall principally take the form of non-repayable direct assistance (hereinafter referred to as "direct assistance"), as well as other forms, such as repayable assistance, an interest-rate subsidy, a guarantee, an equity holding, a venture-capital holding or another form of finance. Assistance repaid to the managing authority or to another public authority shall be reallocated to the same purpose.
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Source: EUR-Lex (Cellar) · retrieved 2026-11-08 · Text as adopted (Official Journal); later amendments are not incorporated in this text.