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The Paying Authority

The Caisse des Dépôts et Consignations (France) has been appointed Paying Authority and is responsible for drawing up and submitting ERDF payment applications to the Commission, certifying the accuracy of declarations of expenditure presented to the Commission, receiving ERDF payments from the Commission, making payments to Final Beneficiaries, and ensuring that the Managing Authority exercises its financial responsibilities in a legal and regular way. A joint bank account is held by the Paying Authority to receive and effect all necessary payments .
 

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