
Article 1 
The amount of EUR 2 535 286 paid by the Hungarian Sapard Agency is hereby excluded from EU financing as the underlying transactions do not comply with the rules governing the Sapard programme.
The calculation of the correction is indicated in the Annex.
Article 2 
This Decision is addressed to the Republic of Hungary.
Done at Brussels, 28 March 2011.
For the Commission
Dacian CIOLOŞ
Member of the Commission
ANNEX
Delay Total expenditure in FY2004(EUR) Use of 4 % reserve Amount subject to reduction(EUR) Red. Rate(%) Reduction computation(EUR)
0 months 32 367 673,72 n.a. n.a. 0 0,0
Up to 1 month 7 283 177,62 -1 294 706,95 5 988 470,67 10 598 847,07
Up to 2 months 1 601 753,18 0,0 1 601 753,18 25 400 438,29
Up to 3 months 601 262,42 0,0 601 262,42 45 270 568,09
Up to 4 months 484 224,09 0,0 484 224,09 70 338 956,86
5 and more months 926 475,69 0,0 926 475,69 100 926 475,69
Grand Total 43 264 566,71 -1 294 706,95 9 602 186,04  2 535 286,0