What happens when the maximum grants permitted to Beneficiaries under the “de minimis” regime exceed?
If the Beneficiary had already benefit from the maximum sum permitted under the “de minimis” regime, the activity that falls into the “de minimis” regime cannot be supported by the public funds of IPA Adriatic Programme. The Beneficiary could benefit from the IPA Adriatic Programme public funds, until the grants obtained reach the maximum sum allowed under the “de minimis” regime. To avoid that the fixed threshold will exceed during the project execution, the applicant shall monitor the total grants registered in its accounting documents, which are “de minimis” relevant” and has been obtained during the IPA Adriatic Programme’s project development. In this case, the final beneficiary has to refuse the all public sum, choosing among the IPA Adriatic Programme financial grant or the other Financial Programme sum.
