2.

The Commission may accept that grant rules and procedures are equivalent to its own if the following conditions are met: they comply with the principles of proportionality, sound financial management, equal treatment and non-discrimination; they ensure transparency with adequate publication of calls for proposals, direct award procedures being limited to reasonable amounts or being duly justified, and adequate ex post publication of beneficiaries taking account of the principle of proportionality; they prevent conflicts of interests throughout the entire grant award procedure; they provide that grants may not be cumulative or awarded retrospectively, that they must, as a rule, involve co-financing and that they may not have the purpose or the effect of producing a profit for the beneficiary.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.