Na začetku vsakega leta, ali kadarkoli se spreminja program Erasmus z namenom povečanja zneska v proračun Skupnosti za njegovo izvajanje, bo Komisija Islandiji poslala zahtevek za sredstva, ki na podlagi tega sporazuma ustreza njenemu prispevku k stroškom.
At the beginning of each year, or whenever the Erasmus programme is revised so as to involve an increase in the amount entered in the Community budget for its implementation, the Commission shall send to Iceland a call for funds corresponding to its contribution to the costs under the present Agreement.