1.
In relation to a PPP operation, and by way of derogation from point (10) of Article 2, a beneficiary may be either: the public law body initiating the operation; or a body governed by private law of a Member State (the "private partner") selected or to be selected for the implementation of the operation.
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Source: EUR-Lex (Cellar) · retrieved 2026-10-29 · Text as adopted (Official Journal); later amendments are not incorporated in this text.