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Definitions For the purposes of this Regulation, the following definitions apply:

(1) ‘displaced worker’ means a worker, regardless of the type or duration of his or her employment relationship, whose employment contract or relationship is ended prematurely by redundancy, or whose employment contract or relationship is not renewed, for economic reasons;

(2) ‘self-employed person’ means a natural person who employs fewer than 10 workers;

(3) ‘beneficiary’ means a natural person who participates in EGF co-funded measures;

(4) ‘irregularity’ means a breach of applicable law, resulting from an act or omission by an economic operator involved in the implementation of the EGF, which has, or would have, the effect of prejudicing the budget of the Union by charging unjustified expenditures to that budget;

(5) ‘implementation period’ means the period beginning on the dates referred to in point (j) of Article 8(7) and ending 24 months after the date of entry into force of the decision on the financial contribution pursuant to Article 15(2).