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Version status: Entered into force | Document consolidation status: Updated to reflect all known changes
Version date: 19 February 2021 - onwards
Version 2 of 2

Article 12 Allocation of financial contribution

1. Each Member State may submit a request up to its maximum financial contribution, referred to in Article 11, to implement its recovery and resilience plan.

2. Until 31 December 2022, the Commission shall make available for allocation 70 % of the amount referred to in point (a) of Article 6(1), converted into current prices.

3. From 1 January 2023 until 31 December 2023, the Commission shall make available for allocation 30 % of the amount referred to in point (a) of Article 6(1), converted into current prices.

4. The allocations under paragraphs 2 and 3 are without prejudice to Article 6(2).