en

basic amount

1

Terminological databases

EKI terminibaas Esterm

ID 707301 Last modified 30.12.2004
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Domain EU financing - EU budgetpublic finances
basic amount
Usage examples
  • The basic amount shall be established by: (a) calculating the difference in the financial year, between: - the percentage share of the United Kingdom in the sum total of the payments referred to in Article 2 (1) (c) and (d) made during the financial year, including adjustments at the uniform rate in respect of earlier financial years, and - the percentage share of the United Kingdom in total allocated expenditure; (b) applying the difference thus obtained to total allocated expenditure; (c) multiplying the result by 0,66.

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