
COUNCIL REGULATION (EU) 2015/323 of 2 March 2015 on the financial regulation applicable to the 11th European Development Fund (repealed) 

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PART ONE
MAIN PROVISIONS
TITLE I
Subject matter, scope and general provisions
Scope
Article 1 
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Relation to Regulation (EU, Euratom) No 966/2012
Article 2 
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Periods, dates and time limits
Article 3 
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Protection of personal data
Article 4 
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TITLE II
Financial principles
Financial principles
Article 5 
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Principles of unity and budgetary accuracy
Article 6 
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Principle of unit of account
Article 7 
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Principle of universality
Article 8 
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Assigned revenue
Article 9 
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Principle of specification
Article 10 
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Principle of sound financial management
Article 11 
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Internal control
Article 12 
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Principle of transparency
Article 13 
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TITLE III
11th EDF resources and implementation
Sources of 11th EDF resources
Article 14 
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Structure of the 11th EDF
Article 15 
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11th EDF implementation in accordance with the principle of sound financial management
Article 16 
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Methods of implementation
Article 17 
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TITLE IV
Financial actors
General provisions on financial actors and their liability
Article 18 
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Authorising officer
Article 19 
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Accounting officer
Article 20 
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TITLE V
Revenue operations
Annual contribution and its instalments
Article 21 
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Payment of the instalments
Article 22 
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Interest for unpaid contribution amounts
Article 23 
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Calling on unpaid contributions
Article 24 
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Other revenue operations
Article 25 
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TITLE VI
Expenditure operations
Financing decisions
Article 26 
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Rules applicable to commitments
Article 27 
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Validation, authorisation and payment of expenditure
Article 28 
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Time limits for payment
Article 29 
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TITLE VII
Various implementation provisions
Internal auditor
Article 30 
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IT systems, electronic transmission and e-Government
Article 31 
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Good administration and redress
Article 32 
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Use of the central exclusion database
Article 33 
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Administrative arrangements with the European External Action Service
Article 34 
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TITLE VIII
Types of financing
General provisions on types of financing
Article 35 
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Procurement
Article 36 
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Grants
Article 37 
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Prizes
Article 38 
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Budget support
Article 39 
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Financial instruments
Article 40 
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Experts
Article 41 
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Union trust funds
Article 42 
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TITLE IX
Presentation of the accounts and accounting
11th EDF accounts
Article 43 
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Financial statements and the report on financial implementation
Article 44 
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Monitoring and reporting by the Commission and the EIB
Article 45 
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Accounting
Article 46 
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Budgetary accounting
Article 47 
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TITLE X
External audit and discharge
External audit and discharge regarding the Commission
Article 48 
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Statement of assurance
Article 49 
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Discharge
Article 50 
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PART TWO
INVESTMENT FACILITY
Role of the European Investment Bank
Article 51 
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Estimates of commitments and payments of the Investment Facility
Article 52 
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Management of contributions to the Investment Facility
Article 53 
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Remuneration of the EIB
Article 54 
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Implementation of the Investment Facility
Article 55 
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Reporting under the Investment Facility
Article 56 
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Accounting and financial statements of the Investment Facility
Article 57 
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External audit and discharge relating to EIB operations
Article 58 
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PART THREE
TRANSITIONAL AND FINAL PROVISIONS
TITLE I
Transitional provisions
Transfer of balances remaining from previous European Development Funds
Article 59 
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Revenue from interest on resources of previous EDFs
Article 60 
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Reduction of contributions by remaining balances
Article 61 
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Application of this Regulation to operations under previous EDFs
Article 62 
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Commencement of contribution procedures
Article 63 
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TITLE II
Final provisions
Entry into force
Article 64 
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