1.   In case of a delegation of tasks by ESMA to national competent authorities, only ESMA shall charge the recognition fee and the annual supervisory fees for third country administrators and administrators of critical benchmarks.

2.   ESMA shall reimburse a national competent authority for the actual costs incurred as a result of work carried pursuant to Regulation (EU) 2016/1011, with an amount which fulfils the following conditions:

(a)	the amount is agreed by ESMA and the competent authority before the delegation of tasks takes place;

(b)	the amount is lower than the total amount of supervisory fees paid to ESMA by the relevant administrators of benchmarks.