Article 4

(1) The Cooperation Programme shall be implemented under shared management in accordance with the terms and the conditions set out in this Agreement, the Parties' applicable legislation, the Cooperation Programme document and the other documents in the meaning of point (a) of Article 2 of this Agreement and the Declaration by the Russian Federation concerning its participation in the Cooperation Programme "Interreg Baltic Sea Region" for the funding period 2014-2020 and the management of corresponding funds of the Russian Federation, signed on 22 July 2016 by the Russian Federation and on 24 November 2016 by the Managing Authority.

(2) Implementing provisions such as formal requirements towards beneficiaries, rules for project assessment, approval, contracting, and eligibility of expenditure as well as reporting and payment procedures are

set out in the Programme Manual.