17107/12 FL/ne 1 DG E 2 A COU CIL OF THE EUROPEA U ... - Europa

(a) with regard to grants for studies;
(b) with regard to grants for works:
(i) rail and inland waterways;
(ii) actions to support cross-border road sections and, in the case of Member States
with no rail networks, the TEN-T road network;
(iii) inland transport connections to ports and airports, development of multi-modal
platforms and of ports including ice-breaking capacities;
(c) with regard to grants for telematic applications systems and services:
(i) the European Rail Traffic Management System (ERTMS), the River Information
Services (RIS) and the Vessel Traffic Monitoring and Information System
(VTMIS);
(ii) telematic applications systems.
Article 12
Cancellation, reduction, suspension and termination of the grant
1. The Commission shall cancel, except in duly justified cases, financial aid granted for actions
which have not been started within two years following the start date of the action established
in the conditions governing the granting of aid.
2. The Commission may suspend, reduce, recover or terminate the financial aid according to the
conditions set out in Regulation (EU) No XXXX/2012 [New Financial Regulation] or
following an evaluation of the progress of the project, in particular in the event of major
delays in the implementation of the action.
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ANNEX DG E 2 A E