1. The Authorising Officer of the European Parliament shall terminate a funding decision addressed to a European political party or a European political foundation with future effect on the following grounds:
(a) a decision to remove the European political party or European political foundation from the Register, provided that it is not based on the grounds for removal from the Register laid down in Article 21(1), point (a)(iv); or
(b) a sanction decision adopted pursuant to Article 32(1), points (a)(vii) and (viii).
Other grounds for the termination of a funding decision with future effect may be provided for in the contribution or grant agreement.
2. A decision to terminate the funding decision with future effect shall take effect on the date specified in it or, if no date is specified therein, on the date on which it is notified to the European political party or European political foundation.
3. The termination of the funding decision with future effect shall have the following consequences:
(a) the contribution or grant agreement shall be terminated from the date referred to in paragraph 2;
(b) payments by the Authorising Officer of the European Parliament shall be limited to the reimbursable expenditure actually incurred by the European political party or the eligible costs actually incurred by the European political foundation up to the date referred to in paragraph 2;
(c) expenditure or costs incurred by the European political party or European political foundation from the date referred to in paragraph 2 shall be qualified as non-reimbursable expenditure or ineligible costs;
(d) the Authorising Officer of the European Parliament shall recover any Union funds unduly paid, including:
(i) Union funds that have been spent on non-reimbursable expenditure or ineligible costs; and
(ii) any unused Union pre-financing that has not been spent before the date referred to in paragraph 2, including unspent Union funds from previous years; and
(e) the Authorising Officer of the European Parliament shall recover any amounts unduly paid from a natural person in respect of whom a decision pursuant to Article 33 has been taken, taking into account where applicable, exceptional circumstances relating to that natural person.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.