Article 43

The agreement referred to in the first subparagraph of Article 42(1) shall detail in particular: the types of operation to be covered by the global grant; the criteria for selecting beneficiaries; the rates of assistance from the Funds and the rules governing that assistance, including as regards the use of any interest accruing; the arrangements for monitoring, evaluating and ensuring the financial control of the global grant referred to in Article 59(1) vis-à-vis the managing authority, including the arrangements for recovering amounts unduly paid and the presentation of accounts; where applicable, any use of a financial guarantee or equivalent facility, unless the Member State or the managing authority provides such guarantee according to the institutional arrangements of each Member State.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-01 · Text as adopted (Official Journal); later amendments are not incorporated in this text.