Legal provisions of COM(2024)222 - - Main contents
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This page contains a limited version of this dossier in the EU Monitor.
| dossier | COM(2024)222 - . |
|---|---|
| document | COM(2024)222 |
| date | May 21, 2024 |
Article 1
The Council Implementing Decision of 8 September 2021 on the approval of the assessment of the recovery and resilience plan for Ireland is amended as follows:
(1) Article 1 is replaced by the following:
“Article 1
Approval of the assessment of the RRP
The assessment of the modified RRP of Ireland on the basis of the criteria provided for in Article 19(3) of Regulation (EU) 2021/241 is approved. The reforms and investment projects under the RRP, the arrangements and timetable for the monitoring and implementation of the RRP, including the relevant milestones and targets, the relevant indicators relating to the fulfilment of the envisaged milestones and targets, and the arrangements for providing full access by the Commission to the underlying relevant data are set out in the Annex to this Decision.”;
(2) In Article 2, paragraphs 1 and 2 are replaced by the following:
“1. The Union shall make available to Ireland a financial contribution in the form of non-repayable support amounting to EUR 1 153 797 007.8 That contribution includes:
(a) an amount of EUR 914 368 618 that shall be available to be legally committed by 31 December 2022;
(b) an amount of EUR 89 428 389, in accordance with Article 21a(6) of Regulation (EU) 2021/241, exclusively for measures referred to in Article 21c of that Regulation, with the exception of measures referred to in Article 21c (3), point (a);
(c) an amount of EUR 150 000 000, transferred from the Brexit Adjustment Reserve to the Facility.
2. The Union financial contribution shall be made available by the Commission to Ireland in instalments in accordance with the Annex to this Decision.
The pre-financing and instalments may be disbursed by the Commission in one or several tranches. The size of the tranches shall be subject to the availability of funding.”;
(3) The Annex is replaced by the text in the Annex to this Decision:
Article 2
Addressee
This Decision is addressed to the Republic of Ireland.