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Regulation (EU) 2021/1147 of the European Parliament and of the Council of 7 July 2021 establishing the Asylum, Migration and Integration Fund article 25 CELEX: 02021R1147-20240611 Union actions
1. At the Commission’s initiative, the Fund may be used to finance Union actions related to the objectives of the Fund, in accordance with Annex III. 2. Union actions may provide funding in any of the forms laid down in the Financial Regulation, in particular grants, prizes and procurement. They may also provide funding in the form of financial instruments within blending operations. 3. Grants implemented under direct management shall be awarded and managed in accordance with Title VIII of the Financial Regulation. 4. Members of the evaluation committee assessing the proposals, referred to in Article 150 of the Financial Regulation, may be external experts. 5. Contributions to a mutual insurance mechanism may cover the risk associated with the recovery of funds due by recipients and shall be considered a sufficient guarantee under the Financial Regulation. Article 37(7) of Regulation (EU) 2021/695 of the European Parliament and of the Council () shall apply. |