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Annex 6 – Procedures to be observed to modify the budget breakdown during the project execution phase

Procedure “10.1”: Any modification to the budget breakdown higher than or equal to five (5)% of the FNR contribution is subject to the prior written consent of the FNR;

Procedure “10.2”: Any modification to the budget breakdown higher than or equal to five (5)% of the FNR contribution OR where the lowest amount to be transferred is higher than or equal to fifteen thousand (15,000) euros is subject to the prior written consent of the FNR;

Procedure “10.3”: Any modification to the budget breakdown higher than or equal to five (5)% of the FNR contribution OR where the lowest amount to be transferred is higher than or equal to two thousand (2,000) euros is subject to the prior written consent of the FNR.

Procedures 10.1 to 10.3 correspond to major modifications.

Any other modification to the budget breakdown is considered as a minor modification and does not require the prior approval of the FNR. A simple notification when the need for this change is noted (at the latest when the report is being drafted) is sufficient. Note that any modification (major or minor) must be notified to the FNR through a dedicated form (see section 10).