Regulation (EU) No. 387/2012 of the European Parliament and of the Council amending Council Regulation (EC) No. 1198/2006 on the European Fisheries Fund, as regards certain provisions relating to financial management for certain Member States experiencing or threatened with serious difficulties with respect to their financial stability.

This Regulation lays down certain amendments to Regulation (EC) No. 1198/2006 on the European Fisheries Fund with respect to financial management for certain Member States experiencing or threatened with serious difficulties with respect to their financial stability. In particular this Regulation lays down new rules for calculating interim payments and payments of the balance. Moreover it adds new article 77a, which sets out a limit to the European Union contribution through interim payments and payments of the balance.