Article 24

Council Regulation (EC) No 1290/2005 of 21 June 2005 on the financing of the common agricultural policy · European Union

Payment by the Commission of the EAFRD contribution shall be in line with the budget commitments. The Commission shall make the appropriations needed to cover expenditure as indicated in Article 4 available to the Member States through prefinancing, intermediate payments and the payment of a balance. Articles 25, 26, 27 and 28 shall apply to these appropriations. Payments shall be assigned to the oldest open budget commitment. The combined total of prefinancing and intermediate payments shall not exceed 95 % of the EAFRD's contribution to each rural development programme.

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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.