1.

The Commission may make financial corrections by cancelling all or part of the Community contribution to an operational programme where, after carrying out the necessary examination, it concludes that: there is a serious deficiency in the management and control system of the programme which has put at risk the Community contribution already paid to the programme; expenditure contained in a certified statement of expenditure is irregular and has not been corrected by the Member State prior to the opening of the correction procedure under this paragraph; a Member State has not complied with its obligations under Article 98 prior to the opening of the correction procedure under this paragraph.

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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.