lexiara

art_59__para_2

2. Financial instruments implemented under the responsibility of the managing authority may be either of the following: an investment of programme resources into the capital of a legal entity; separate blocks of finance or fiduciary accounts. The managing authority shall select the body implementing a financial instrument.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-28 · Text as adopted (Official Journal); later amendments are not incorporated in this text.