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Regulation (EU) 2024/2773 of the European Parliament and of the Council of 24 October 2024 establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine

article  13

CELEX:  32024R2773

Decision on release
1. Ukraine shall submit a request for funds ahead of the release of the instalment, accompanied by a report in accordance with the provisions of the MoU.
2. The Commission shall decide on the release of the instalment subject to its assessment of the following requirements:
(a) compliance with the precondition set out in Article 11(1); and (b) the satisfactory fulfilment of the policy conditions set out in the MoU.
3. The disbursement of tranches may be aligned with the timing of disbursements of a loan or non-repayable financial support under Pillar I of the Ukraine Facility in accordance with Regulation (EU) 2024/792.