Article 88

Partial closure of operational programmes may be made at periods to be determined by the Member State. Partial closure shall relate to operations completed during the period up to 31 December of the previous year. For the purposes of this Regulation, an operation shall be deemed completed where the activities under it have been actually carried out and for which all expenditure by the beneficiaries and the corresponding public contribution have been paid. Partial closure shall be made on the condition that the Member State sends the following to the Commission by 31 December of a given year: a statement of expenditure relating to the operations referred to in paragraph 1; a declaration for partial closure in accordance with Article 62(1)(d)(iii). Any financial corrections made in accordance with Articles 98 and 99 concerning operations subject to partial closure shall be net financial corrections.

← Section 5 · All articles · 1. →

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