lexiara

2.

Any financing agreement shall be concluded by 31 December of the year following the year when the first budget commitment was made and shall be considered to be concluded on the date when the last party has signed it. Any financing agreement shall enter into force either on the date: when the last party has signed it; or when the third or partner country or OCT has completed the procedure required for ratification in accordance with its national legal framework and has informed the Commission.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-02 · Text as adopted (Official Journal); later amendments are not incorporated in this text.