13. Article

In accordance with Article 8 of Commission Regulation (EC) No 438/2001 the PA shall keep an account of amounts recoverable from payments of Community assistance already made, and ensure that the amounts are recovered without unjustified delay. After recovery, the PA shall repay the irregular payments recovered, together with interest received on account of late payment, by deducting the amounts concerned from its next statement of expenditure and request for payment to the Commission, or if this is insufficient, by effecting a refund to the Community. The PA shall send the Commission once a year, in annex to the fourth quarterly report on recoveries supplied under Commission Regulation (EC) No 1681/1994, a statement of the amounts awaiting recovery at that date, classified by the year of initiation of the recovery proceedings. § 4 Cut and Recourse of Subsidies