1.In case of a delegation of tasks by ESMA to national competent authorities, only ESMA shall charge the recognitionapplication fee and the annual supervisory feesfee for thirdthe countryannual supervision of third-country administrators, administrators endorsing third-country benchmarks 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.