financi regul march applic european develop fund council european union regard treati establish european commun regard partnership agreement member african caribbean pacif group state part european commun member state part sign coton june hereinaft refer quot acp ec agreement quot regard council decis ec novemb associ oversea countri territori european commun quot oversea associ decis quot regard intern agreement repres govern member state meet council financ administr commun aid financi protocol partnership agreement african caribbean pacif state european commun member state sign coton benin june alloc financi assist oversea countri territori part ec treati appli hereinaft refer quot intern agreement quot articl thereof regard propos commiss regard opinion court auditor regard opinion european invest bank determin detail rule payment contribut member state european develop fund hereinaft quot edf quot set intern agreement alloc financi assist oversea countri territori part ec treati appli lai condit accord court auditor exercis power respect edf provis scrutini court auditor resourc manag eib compli contractu natur tripartit agreement provid articl treati rule laid treatment balanc remain previou edf detail arrang transfer edf alloc cooper instrument provid acp ec agreement oversea associ decis rule applic implement ensur consist regul measur adopt commiss implement oversea associ decis ensur proper prompt effici execut programm project financ acp ec agreement establish manag procedur transpar easi appli facilit decentralis task respons decis acp ec council minist octob implement articl annex iv coton agreement gener regul gener condit applic work suppli servic contract financ edf rule govern procedur concili arbitr relat contract establish detail rule accord chief authoris offic edf appoint commiss respons inter alia clearanc expenditur edf close cooper nation authoris offic make arrang prove ensur proper execut oper council regul ec euratom june financi regul applic gener budget european commun hereinaft refer quot gener financi regul quot cornerston reform commiss intern manag account draw financi regul edf view integr edf resourc gener budget commun light experi acquir implement regul commiss propos amend thereto adopt financi regul part main provis titl gener provis chapter subject matter scope articl regul lai rule establish financi implement resourc edf commiss assum commun respons defin articl acp ec agreement oversea associ decis end undertak financi implement oper carri edf resourc alloc form repay aid exclud interest rate subsidi make payment accord regul appli regul commiss act respons limit resourc alloc eib act behalf commun manag invest facil interest rate subsidi conduct oper thereund accord rule set part context eib act behalf risk commun eib undertak financi implement oper carri mean loan resourc applic combin interest rate subsidi drawn edf grant resourc provis part part appli exclus financi implement edf resourc manag commiss provis interpret give rise oblig commiss part respect financi implement edf resourc manag eib refer regul acp state deem refer bodi repres defin articl annex iv acp ec agreement duli mandat exercis respons agreement financi year begin januari end decemb chapter principl unit account articl edf resourc establish implement euro account present euro treasuri manag purpos refer articl account offic carri oper euro currenc nation currenc chapter principl specif articl resourc edf earmark specif purpos main instrument cooper financi protocol acp ec agreement oversea associ decis respect african caribbean pacif state hereinaft refer quot acp state quot instrument laid financi protocol set annex acp ec agreement earmark resourc base provis intern agreement account alloc reserv provid articl agreement resourc reserv cost link implement articl thereof respect oversea countri territori hereinaft refer quot oct quot instrument laid annex ii oversea associ decis earmark resourc account alloc reserv provid articl annex resourc reserv studi technic assist measur articl thereof chapter principl sound financi manag articl edf resourc accord principl sound financi manag accord principl economi effici effect principl economi requir resourc pursuit activ made due time quantiti qualiti price principl effici concern relationship resourc emploi result achiev principl effect concern attain specif object set achiev intend result object set achiev object monitor mean measur indic end edf resourc preced ant evalu oper undertaken oper submit post evalu view ensur intend result justifi mean deploi programm oper period examin relat estim call contribut refer articl establish justifi chapter principl transpar articl resourc edf establish implement account present complianc principl transpar annual estim commit payment articl intern agreement edf account refer articl regul publish offici journal european union titl ii resourc administr expenditur chapter composit edf resourc articl edf consist amount laid articl intern agreement pursuant articl intern agreement balanc remain previou edf defin titl part regul revenu accru interest fund refer paragraph deposit pai agent europ refer articl annex iv acp ec agreement credit bank account open commiss accord articl intern agreement regul breakdown alloc laid acp ec agreement intern agreement annex regul inform purpos articl amount laid articl intern agreement reserv financ cost link implement incur commiss framework acp ec agreement utilis accord principl set articl intern agreement resourc inter alia reinforc administr capac commiss deleg order ensur smooth prepar implement oper financ edf chapter contribut edf articl year commiss establish commun council octob latest statement payment made financi year schedul call contribut commiss account estim submit eib accord articl oper includ interest rate subsidi manag eib commiss justifi amount request basi capac deliv propos level resourc effect eib justifi amount request basi oper requir council decid justif call contribut accord rule refer articl intern agreement laid articl regul balanc remain previou edf transfer edf accord articl contribut member state calcul proport contribut state edf question commiss annual estim contribut cover estim commit financi year eib estim commit disburs year year relat call contribut eib schedul approv review annual council financi inform edf provid commiss budgetari author context annual budget procedur includ estim contribut current financi year made council june inform serv basi intermedi estim commit disburs contribut prove insuffici meet edf actual financi year question supplementari payment decid accord articl intern agreement payment contribut member state made accord articl titl iii implement edf resourc chapter gener provis articl commiss depart deleg power implement edf resourc accord condit laid regul limit set commiss instrument deleg deleg act limit power expressli confer articl financi actor defin chapter prohibit take measur implement edf resourc bring interest conflict commun case aris actor question refrain measur refer matter compet author articl accord procedur laid financ propos articl intern agreement order speed procedur commiss submit financ propos authoris amount alloc financ activ refer articl annex iv acp ec agreement propos adopt commiss financ decis basi global authoris financ propos refer paragraph object intend impact commun contribut describ viabil activ previou experi earlier evalu coordin donor chapter method implement articl commiss undertak financi implement edf resourc mean decentralis manag acp state accord condit set acp ec agreement appli breakdown respons provid articl agreement articl annex iv thereto commiss undertak financi implement edf resourc mean decentralis manag oct accord condit set oversea associ decis measur implement decis case provid acp ec agreement intern agreement oversea associ decis measur implement decis commiss undertak financi implement edf resourc centralis manag specif case provid acp ec agreement intern agreement oversea associ decis measur implement decis commiss undertak financi implement edf resourc mean joint manag intern organis edf resourc fund sourc order achiev joint object articl context decentralis manag commiss undertak financi implement edf resourc accord detail rule laid paragraph commiss beneficiari acp state oct check regularli oper financ edf properli implement measur prevent irregular fraud bring prosecut recov fund wrongli paid order ensur fund accord applic rule limit power confer commiss implement clearanc account procedur financi correct mechan enabl discharg oblig acp ec agreement articl annex iv thereto oversea associ decis articl thereof clearanc expenditur financ edf resourc implement acp state oct oper financ edf resourc subject commiss scrutini exercis prior approv post check combin procedur accord provis acp ec agreement oversea associ decis measur implement decis depend degre decentralis provid acp ec agreement oversea associ decis measur implement decis commiss strive encourag beneficiari acp state oct adher exercis power entrust acp ec agreement oversea associ decis principl sound financi manag set articl progress applic criteria effect segreg duti authoris offic account offic exist effect system intern control manag oper separ procedur present account show made edf resourc exist independ public privat extern audit system transpar discriminatori procur procedur prevent conflict interest case direct labour oper refer articl adequ provis manag scrutini imprest account definit respons imprest administr account offic purpos appli subparagraph commiss agreement beneficiari acp state oct incorpor provis financ agreement refer articl articl commiss implement edf resourc centralis basi implement task perform directli depart indirectli accord paragraph articl articl commiss entrust parti implement power acp ec agreement oversea associ decis power involv larg measur discret impli polit choic subparagraph appli financ decis provid articl indirect method implement provid paragraph implement task deleg defin supervis limit laid paragraph commiss entrust task involv exercis public author financi implement task execut agenc refer articl nation public sector bodi govern privat law public servic mission provid adequ financi guarante implement task assign framework defin paragraph case refer point subparagraph programm project financ member state implement bodi reflect prioriti laid countri cooper strategi provid chapter iii intern agreement articl oversea associ decis commiss entrust respons manag commun aid member state implement bodi commiss draw edf resourc provid articl ii intern agreement order pai financi compens administr cost incur implement task entrust bodi refer point subparagraph deleg financi implement task respons requir sound financi manag shown prior analysi ensur complianc principl discrimin visibl commun action implement task entrust give rise conflict interest analysi show deleg satisfi requir sound financi manag commiss request opinion edf committe provid articl intern agreement proceed implement deleg edf committe give opinion plan applic select criteria financi guarante refer point subparagraph appli full recoveri amount due commiss indirect method implement provid paragraph bodi respons implement conduct regular check ensur oper financ implement correctli measur prevent irregular fraud bring prosecut recov fund lost wrongli paid badli decis refer paragraph entrust implement task cover arrang ensur transpar oper carri compris independ extern audit effect intern control system manag oper account arrang oper procedur present account enabl correct edf resourc ascertain true extent reflect account procur grant award procedur compli provis titl iv vi commiss accept audit account procur system nation bodi refer paragraph equival due account internation accept standard commiss ensur period supervis evalu control implement task entrust bodi refer paragraph european anti fraud offic olaf enjoi power regard bodi regard commiss depart bodi question adopt measur olaf carri intern investig act undertaken bodi financi implement edf resourc decis contract conclud specif provid control articl commiss entrust measur implement fund deriv edf resourc payment recoveri extern privat sector entiti bodi refer point subparagraph paragraph task commiss entrust contract extern privat sector entiti bodi refer point subparagraph paragraph technic expertis task administr preparatori ancillari task involv exercis public author discretionari power articl execut agenc legal person commun law creat commun decis power implement deleg part behalf commiss respons accord council regul ec decemb lai statut execut agenc entrust task relat manag commun programm defin condit arrang creation oper articl context joint manag intern organis account audit control procur procedur appli standard offer guarante equival internation accept standard implement intern organis oper financ edf resourc subject scrutini commiss scrutini exercis prior approv post check combin procedur chapter financi actor section principl segreg duti articl duti authoris offic account offic segreg mutual incompat save refer regul authoris offic authoris offic respons deem refer commiss authoris offic defin section refer account offic deem refer commiss account offic defin section section authoris offic articl context financi implement oper refer articl commiss perform duti authoris offic commiss determin staff level deleg duti authoris offic delimit power deleg circumst deleg deleg power accord articl annex iv acp ec agreement commiss appoint authoris offic deleg chief authoris offic edf defin duti respect implement oversea associ decis chief authoris offic deleg power authoris offic deleg power authoris offic deleg deleg person cover staff regul offici condit employ servant european commun hereinaft refer quot staff regul quot rule sphere compet adopt titl appli authoris offic deleg deleg authoris offic deleg deleg act limit set instrument deleg deleg deleg deleg decis limit durat deleg authoris offic deleg deleg assist task member staff entrust respons oper requir implement edf product account decis pursuant paragraph notifi deleg account offic intern auditor court auditor articl authoris offic entrust manag edf resourc respons implement revenu expenditur accord principl sound financi manag ensur requir legal regular compli articl implement expenditur chief authoris offic authoris offic deleg make commit valid expenditur authoris payment undertak preliminari implement edf resourc implement revenu compris draw estim amount receiv establish entitl recov issu recoveri order involv waiv establish entitl articl save case manag centralis oper relat implement programm project carri nation region authoris offic defin articl annex iv acp ec agreement measur implement oversea associ decis close cooper acp state head deleg accord articl annex iv acp ec agreement head deleg authoris offic deleg exercis power deleg subject regul receiv instruct power perform duti defin articl annex iv acp ec agreement measur implement oversea associ decis articl chief authoris offic measur implement annex iv acp ec agreement articl oversea associ decis annex ii ii thereto chief authoris offic measur ensur nation region local authoris offic perform task respons virtu acp ec agreement annex iv thereto virtu oversea associ decis measur implement decis close cooper nation authoris offic commit decis financi measur prove econom technic point view ensur proper execut oper articl chief authoris offic awar problem carri procedur relat manag edf resourc conjunct nation region authoris offic make contact remedi situat step instanc case nation region authoris offic unabl perform duti incumb acp ec agreement chief authoris offic temporarili place case commiss receiv resourc alloc acp state question financi compens extra administr workload incur measur chief authoris offic pursuant subparagraph behalf nation region authoris offic concern articl complianc minimum standard adopt commiss due regard risk manag environ natur oper financ chief authoris offic put place organis structur intern manag control system procedur suit perform duti includ post check oper authoris oper financi aspect verifi staff member staff initi oper initi oper ant post verif oper separ function staff respons control manag financi oper profession skill respect specif code profession standard establish commiss member staff involv financi manag control oper consid decis superior requir appli agre irregular contrari principl sound financi manag profession rule bound inform chief authoris offic write fail action panel refer articl event fraud corrupt illeg activ harm interest commun inform olaf author design staff regul articl chief authoris offic report commiss perform duti form annual activ report includ financi manag inform report cover result oper refer object set risk oper made resourc provid function intern control system annual activ report inform brought attent intern auditor commiss june year latest commiss send european parliament council summari annual activ report previou year section account offic articl account offic respons proper implement payment collect revenu recoveri amount establish receiv prepar present financi statement report financi implement accord articl keep account alloc refer articl invest facil interest rate subsidi ii commit refer articl iii payment revenu debt lai accord titl vii account rule method chart account defin valid account system valid system defin chief authoris offic purpos suppli explain account inform treasuri manag account offic obtain chief authoris offic eib part guarante reliabl inform product account give true imag financi implement edf resourc account offic empow handl moni asset respons safekeep articl account offic appoint commiss account offic perform duti deleg task subordin subject staff regul instrument deleg defin task entrust deleg decis pursuant subparagraph notifi deleg chief authoris offic intern auditor court auditor section pai agent articl order make payment provid articl annex iv acp ec agreement measur implement oversea associ decis account offic open account financi institut acp state oct payment nation currenc acp state local currenc oct financi institut member state payment euro currenc accord articl annex iv acp ec agreement deposit account financi institut acp state oct bear interest receiv remuner servic accord articl intern agreement deposit account financi institut member state bear interest interest credit account provid articl articl relat commiss pai agent provid articl annex iv acp ec agreement measur implement oversea associ decis subject contract sign copi contract court auditor inform purpos articl commiss transfer special account open pursuant articl amount need replenish account open accord articl transfer made basi cash project programm commiss endeavour make withdraw special account refer subparagraph articl maintain distribut asset account proport member state contribut edf articl signatur commiss offici staff empow carri oper edf account lodg bank concern account open case offici staff authoris subsequ design procedur appli lodg signatur nation region authoris offic deputi oper pai agent account open acp state oct account open member state chapter liabil financi actor section gener rule articl prejudic disciplinari action chief authoris offic authoris offic deleg time deleg deleg withdrawn temporarili definit author appoint prejudic disciplinari action account offic time suspend temporarili definit duti commiss articl provis chapter obtain prejudic crimin law liabil person refer articl incur applic nation law legisl forc protect european commun financi interest fight corrupt involv offici european commun offici member state authoris offic account offic liabl disciplinari action payment compens provid staff regul prejudic articl regul event fraud corrupt illeg activ harm commun interest olaf author design staff regul inform section rule applic authoris offic articl authoris offic liabl pai compens accord condit laid staff regul offici requir make good part damag suffer commun result misconduct part connect perform duti event failur compli financi regul establish entitl recov issu recoveri order enter commit expenditur sign payment order appli omit draw document establish debt neglect issu recoveri order justif late issu neglect issu payment order justif late issu render institut liabl civil action parti articl chief authoris offic authoris offic deleg consid decis respons irregular contrari principl sound financi manag inform deleg author write deleg author reason instruct write chief authoris offic authoris offic deleg decis question held liabl event intern deleg chief authoris offic continu respons effect intern manag control system put place choic authoris offic deleg specialis panel set commiss accord gener financi regul compet determin relat edf financi irregular occur consequ entail respect manag edf resourc commiss case refer panel provid detail rule implement gener financi regul basi panel opinion commiss decid initi proceed entail liabil disciplinari action payment compens panel detect system problem send report recommend chief authoris offic intern auditor section rule applic account offic articl account offic liabl disciplinari action payment compens provid accord procedur laid staff regul lose damag moni asset document keep unduli alter bank account postal giro account recov pai amount conform recoveri payment order fail collect revenu due chapter revenu oper section make edf resourc articl edf revenu consist payment made member state accord intern agreement regul incom gener deposit accord articl regul sum accept establish council articl member state annual contribut determin council act qualifi major provid articl intern agreement propos commiss consist instal payabl accord procedur propos instal year present commiss time commun refer articl council decid instal latest end current year member state pai contribut due latest januari year propos instal current year present commiss time commun refer articl council decid instal latest calendar dai present commiss propos member state pai contribut due instal latest calendar dai date council decis notifi propos instal current year present commiss octob council decid instal latest calendar dai present commiss propos member state pai contribut due instal latest calendar dai date council decis notifi supplementari contribut financi year decid council accord articl intern agreement council decid due made period laid decis call contribut exce month instal contribut propos commiss decid council accord articl amount contribut requir financ edf oper manag commiss amount contribut requir financ edf oper manag eib includ interest rate subsidi amount paid member state refer paragraph set proport state contribut edf fix articl intern agreement annex regul amount refer paragraph articl articl part part appli revenu collect commiss pursuant articl articl financi contribut member state express euro member state pai amount contribut euro respect amount due commiss articl financi contribut credit member state special account entitl quot commiss european commun european develop fund quot open bank issu member state financi institut design amount contribut remain special account payment provid articl annex iv acp ec agreement measur implement oversea associ decis made respect amount due eib articl financi contribut credit member state accord detail rule laid articl account open eib member state commiss provid technic assist implement council decis refer articl instal contribut payabl articl paid deadlin fix articl member state concern requir pai interest respect unpaid amount interest charg rate percentag point interest rate appli european central bank main refinanc oper work dai month amount fall due publish seri offici journal european union rate increas quarter percentag point month delai interest payabl entir period delai calcul calendar dai deadlin payment instal laid articl respect amount due commiss articl late payment interest credit account provid articl respect amount due eib articl late payment interest credit eib expiri financi protocol set annex acp ec agreement part contribut member state remain oblig pai accord articl regul call commiss requir accord condit laid regul section estim amount receiv articl authoris offic respons make estim amount receiv respect measur situat give rise modifi amount ow edf brought commiss attent nation authoris offic notic commiss estim account offic record account mention type revenu account item book estim amount involv descript debtor draw estim amount receiv account offic respons check revenu book correct item estim amount receiv order conform relev provis relat manag edf act adopt pursuant thereto principl sound financi manag refer articl section establish amount receiv articl establish amount receiv act authoris offic respons verifi debt exist determin verifi realiti amount debt verifi condit debt due section principl recoveri articl amount wrongli paid recov commiss lai condit interest late payment due commun section authoris recoveri articl authoris recoveri act authoris offic respons instruct account offic issu recoveri order recov amount receiv establish prejudic respons acp state oct commiss formal establish amount receiv person state mean decis enforc condit laid articl treati articl debt identifi fix amount due context implement edf resourc establish mean recoveri order account offic debit note debtor drawn authoris offic respons recoveri order accompani support document certifi establish entitl draw recoveri order authoris offic respons ensur revenu book correct item recoveri order order conform relev provis support document order particular debtor correct due date order conform principl sound financi manag refer articl amount currenc sum recov correct recoveri order record account account offic section recoveri articl account offic act recoveri order amount receiv duli establish authoris offic respons exercis due dilig ensur edf receiv revenu due date recoveri order ensur relev right commun safeguard recoveri place due date recoveri order account offic inform authoris offic respons immedi initi procedur effect recoveri mean offer law includ offset account offic enforc recoveri decis secur accord articl legal action account offic recov amount offset equival claim edf commun debtor claim edf commun fix amount due connect direct labour oper refer titl claim edf nation authoris offic public semi public bodi depart acp state oct concern recov prescrib time limit authoris offic respons measur obtain actual repay sum due includ suspens chief authoris offic type arrang state oct articl authoris offic respons plan waiv recoveri establish amount receiv ensur waiver order compli principl sound financi manag proportion accord procedur criteria previous laid commiss purpos waiver decis substanti authoris offic deleg decis laid commiss rule refer paragraph detail rule implement gener financi regul appli mutati mutandi implement articl chapter expenditur oper section gener provis articl item expenditur commit valid authoris paid decis procedur commit valid authoris payment expenditur commiss defin chapter section commit expenditur principl definit articl commit expenditur preced financ decis adopt commiss author power deleg commiss articl financi commit commiss oper reserv fund cover subsequ payment honour legal commit legal commit commiss act authoris offic respons enter oblig regard parti result expenditur charg edf financi commit legal commit adopt authoris offic rule waiv case administr expenditur incur commiss mean paragraph respect financi commit divid accord paragraph global commit relat financ agreement articl commiss financi commit individu beneficiari amount expenditur commiss financi commit global element identifi individu commit financi commit commiss administr expenditur divid year annual instal legal commit stipul divis regard administr expenditur purpos point subparagraph paragraph expenditur human resourc regular staff train expenditur mission expens represent expens meet expens expens relat freelanc interpret translat expens relat exchang offici cost recur rental movabl immov properti cost miscellan insur cost clean mainten cost relat telecommun servic cost water ga electr outlai period public articl authoris offic respons make financi commit enter legal oblig bind commiss parti financ decis commiss accord acp ec agreement oversea associ decis authoris grant financi aid edf give rise financi commit commiss constitut legal commit commiss financ agreement commiss act commun beneficiari acp state state beneficiari oct bodi design contract grant agreement commiss nation intern public sector bodi natur legal person respons carri oper financ agreement contract grant agreement provid expressli commiss olaf court auditor exercis power control document spot contractor subcontractor receiv financ edf resourc articl adopt financi commit authoris offic respons ensur expenditur charg correct account item fund expenditur conform relev provis acp ec agreement oversea associ decis intern agreement regul act adopt implement provis principl sound financi manag compli legal commit adopt authoris offic ensur commit cover financi commit expenditur conform relev provis acp ec agreement oversea associ decis intern agreement regul act adopt implement provis complianc principl sound financi manag section commit expenditur centralis manag articl edf resourc manag commiss centralis basi jointli commit expenditur subject provis section individu legal commit relat individu financi commit conclud commiss decemb year latest year year commiss individu financi commit adopt subject articl gener rule global financi commit cover total cost individu legal commit conclud commiss decemb year year year commiss global financi commit adopt subject articl global commit refer articl implement commiss conclud individu contract agreement year date financi commit individu contract agreement relat audit evalu conclud end period refer subparagraph unus balanc financi commit decommit authoris offic respons amount individu legal commit adopt commiss global commit prior signatur regist authoris offic respons edf financi account book global commit legal commit enter oper extend financi year financi commit final date implement set accord requir sound financi manag save case administr expenditur refer articl part commit implement month date decommit appropri cancel legal commit rise payment period year authoris offic proce decommit financi commit cancel appropri termin project decommit fund commit accord paragraph carri legal commit enter commiss connect project respect parti conclud relat payment collect record account provis paragraph appli prejudic decis adopt council articl acp ec partnership agreement section commit expenditur decentralis manag articl edf resourc manag decentralis basi commit expenditur commiss subject provis section financ agreement beneficiari acp state oct conclud decemb year latest year commiss financi commit adopt financ agreement conclud deadlin laid subparagraph appropri decommit commiss oblig effect payment edf resourc head deleg act authoris offic deleg endors contract programm estim provid articl regul accord articl annex iv acp ec agreement relev provis measur implement oversea associ decis endors grant agreement respect endors authoris offic respons record account contract programm estim grant question record call quot assign fund quot assign fund record set commiss global commit financ decis concern accord principl sound financi manag refer articl act power commiss endeavour individu legal commit implement financ agreement refer paragraph conclud year date financi commit commiss assign fund individu legal commit enter implement financ agreement refer paragraph rise payment period year decommit individu legal commit refer subparagraph contract grant agreement programm estim conclud acp state oct author commiss act behalf purpos appli subparagraph commiss agreement beneficiari acp state oct incorpor relev provis financ agreement refer paragraph termin project decommit fund commit accord paragraph carri conclus legal commit enter acp state oct author commiss act behalf connect project respect parti relat payment collect record account provis paragraph appli prejudic decis adopt council articl acp ec partnership agreement section valid expenditur articl valid expenditur act authoris offic respons verifi exist creditor entitl determin verifi realiti amount claim verifi condit payment due articl valid expenditur base valid support document attest creditor entitl basi statement servic render suppli deliv work carri basi document justifi payment natur support document enclos payment order particular includ make carri check provid articl take decis valid expenditur authoris offic respons person check support document respons ascertain decis valid expenditur express sign quot pass payment quot voucher authoris offic respons articl chief authoris offic lai criteria sign quot pass payment quot voucher analog relev provis detail rule implement gener financi regul articl computeris system quot pass payment quot form stamp incorpor signatur authoris offic respons computeris system quot pass payment quot form valid person password authoris offic respons section authoris expenditur articl authoris expenditur act authoris offic respons issu payment order instruct account offic pai item expenditur valid articl draw payment order authoris offic respons ensur payment order properli issu mean valid decis previous form quot pass payment quot payment order correspond financi commit book expenditur charg correct item account appropri particular paye correct articl payment order state financi year expenditur book instrument alloc book accord articl refer legal commit give rise entitl payment refer financi commit book sum paid indic currenc paid address paye bank account payment made object expenditur mean payment payment order date sign authoris offic respons account offic articl support document authoris offic respons section payment expenditur articl payment made product proof relev action accord provis basic act contract cover oper payment entir amount due payment amount due wai pre financ divid number payment ii interim payment iii payment balanc amount due distinct made account type payment refer paragraph time made pre financ intend provid beneficiari float split number payment interim payment repeat intend reimburs expenditur incur beneficiari basi statement expenditur action progress clear pre financ part prejudic provis basic act contract closur expenditur form payment balanc repeat clear preced payment recoveri order articl payment expenditur made account offic limit fund articl payment effect bank account refer articl detail rule open administ account determin commiss rule requir joint signatur transfer order bank payment duli authoris offici articl case head deleg perform duti authoris offic deleg accord articl payment effect account offic deleg spot account offic effect payment local currenc pai agent account acp state oct payment foreign currenc pai agent account commun payment made account offic deleg authoris offic respons ensur check carri execut entri account section time limit expenditur oper articl valid authoris payment expenditur complet period dai date payment due nation authoris offic authoris expenditur notifi head deleg dai time limit expir claim delai payment commiss respons accord articl annex iv acp ec agreement born commiss account account provid articl regul chapter comput system articl revenu expenditur oper manag mean comput system document sign computeris electron procedur comput system subsystem process financi implement oper full descript system subsystem requir descript defin content data field describ system treat individu oper show detail system guarante exist complet audit trail oper data comput system subsystem save period safe place chapter intern auditor articl intern auditor edf intern auditor commiss perform duti accord relev intern standard account commiss verifi proper oper system procedur implement edf resourc manag commiss articl intern auditor authoris offic account offic articl intern auditor advis commiss deal risk issu independ opinion qualiti manag control system issu recommend improv condit implement oper promot sound financi manag call advis author acp countri oct topic respons assess suitabl effect intern manag system perform depart implement polici programm action refer risk assess suitabl qualiti intern control system applic oper implement edf resourc intern auditor enjoi full unlimit access inform requir perform duti spot includ member state countri intern auditor report commiss find recommend commiss ensur action recommend result audit intern auditor submit commiss annual intern audit report indic number type audit carri recommend made action recommend year commiss send author respons discharg report summaris number type intern audit carri recommend made action recommend articl special rule applic intern auditor laid detail rule implement gener financi regul independ perform duti circumst held liabl titl iv procur chapter scope articl public contract contract pecuniari interest conclud write contract author mean articl order obtain payment price paid part edf resourc suppli movabl immov asset execut work provis servic contract compris suppli contract work contract servic contract titl relat grant articl contract author purpos titl beneficiari acp state state bodi duli mandat repres commiss case contract award account commiss behalf account beneficiari acp state nation intern public sector bodi natur legal person sign financ agreement grant agreement acp countri commiss implement programm project procur procedur laid financ agreement refer articl chapter procedur principl award contract articl procedur award contract relat oper financ edf assist acp state defin articl annex iv acp ec agreement procedur award contract relat oper financ edf assist oct defin measur implement oversea associ decis commiss act contract author implement humanitarian aid emerg aid framework acp ec agreement oversea associ decis requir compli relev commun rule procur chapter particip contract articl particip tender procedur respect contract financ edf open equal term accord condit laid articl annex iv acp ec agreement nation countri acp state member state includ oct authoris part tender procedur accord condit laid articl annex iv acp ec agreement articl limit power confer acp ec agreement accord condit laid articl annex iv thereto commiss ensur broadest particip equal term tender procedur contract financ edf ensur complianc principl transpar proportion equal treatment discrimin articl limit power confer acp ec agreement commiss step establish analog relev rule gener financi regul central databas detail candid tender rule defin articl annex iv acp ec agreement situat exclud particip procedur award contract relat oper financ edf chapter public articl limit power confer acp ec agreement accord condit laid articl annex iv thereto commiss step intern tender procedur publish offici journal european union internet articl limit power confer acp ec agreement commiss measur ensur effect dissemin inform econom oper concern notabl period public programm project financ edf resourc commiss ensur inform publish media indic subject matter content propos contract fact sheet identifi project summari financ propos adopt commiss consult edf committe limit power confer acp ec agreement commiss ensur result tender procedur publish earliest opportun titl direct labour oper articl titl govern direct labour oper provid articl annex iv acp ec agreement appli mutati mutandi financi cooper oct case direct labour oper project programm implement directli public depart acp state state concern commun contribut cost depart involv provid equip materi lack resourc acquir addit staff requir expert acp state concern acp state commun particip cover cost incur supplementari measur temporari expenditur relat execut strictli confin requir project question financi manag project implement direct labour accord subparagraph carri imprest account administ imprest administr account offic appoint nation authoris offic prior approv head deleg case externalis direct labour oper contract author mean articl entrust task relat implement project programm public semi public privat bodi legal distinct acp state state concern case bodi concern assum respons manag implement programm project place nation authoris offic task deleg includ power conclud contract manag contract supervis work behalf account acp state state concern direct labour oper implement basi programm measur carri estim cost hereinaft refer quot programm estim quot programm estim document lai human materi resourc requir budget detail technic administr implement arrang execut project period direct labour possibl mean public procur award specif grant programm estim prepar imprest administr account offic refer paragraph case direct labour oper parti organis refer paragraph case externalis direct labour oper approv nation authoris offic head deleg activ commenc context implement programm estim refer paragraph procur grant award procedur compli laid titl iv vi propos award contract approv head deleg accord articl annex iv acp ec agreement appli propos award grant financ agreement refer articl make provis implement project programm direct labour oper articl case externalis direct labour oper contract author refer articl conclud servic contract parti organis commiss ensur contract set adequ provis scrutini edf resourc chief authoris offic head deleg olaf nation authoris offic court auditor nation audit bodi acp state state concern clear definit precis delimit power deleg organis concern power retain nation authoris offic procedur exercis power deleg select oper financ award contract supervis work possibl post review financi penalti grant fund award contract parti organis correspond procedur laid point effect segreg duti authoris offic account offic exist effect system intern control manag oper exist account system manag oper separ procedur present account enabl correct edf resourc ascertain titl vi grant chapter gener provis articl context centralis manag grant direct financi contribut award commiss donat edf resourc order financ action design achiev object acp ec agreement oversea associ decis programm project adopt accord agreement decis function bodi pursu object cover written agreement constitut grant purpos titl financ agreement refer articl public contract refer titl iv direct labour oper refer titl loan guarante contribut contract interest rate subsidi financi oper manag eib direct indirect budgetari assist aid reliev debt support export earn event short term fluctuat payment made bodi power deleg commiss provid articl framework joint manag refer articl chapter award principl articl award grant subject principl transpar equal treatment grant cumul award retrospect involv financ grant purpos effect produc profit beneficiari articl context centralis manag action financ form grant oper plan action programm case crisi manag aid humanitarian aid oper programm implement public call propos save duli substanti case urgenc natur beneficiari leav choic action grant award publish annual due observ requir confidenti secur articl action give rise award grant edf resourc beneficiari beneficiari award oper grant edf resourc financi year beneficiari articl grant award action begun applic demonstr start action agreement sign case expenditur elig financ incur prior date submiss grant applic save duli substanti except case case expenditur proper implement crisi manag aid humanitarian aid oper provid acp ec agreement oversea associ decis grant award retrospect action complet agreement oper grant sign month start beneficiari budget year expenditur elig financ incur date grant applic submit start beneficiari budget year articl action financ edf resourc prove essenti complet chapter award procedur articl grant applic elig fall acp ec agreement oversea associ decis programm project adopt accord agreement decis submit write legal person except depend natur action object pursu applic natur person receiv grant accord condit laid agreement decis grant award applic situat time grant award procedur fall class inelig commun rule applic public procur applic certifi situat refer subparagraph effect proportion dissuas administr financi penalti impos chief authoris offic applic exclud paragraph articl select criteria make assess applic abil complet propos action work programm award criteria make assess qualiti propos submit light object prioriti set articl propos evalu basi pre announc select award criteria evalu committe set purpos view determin propos financ basi evalu provid paragraph authoris offic respons draw list beneficiari amount approv authoris offic respons inform applic write decis applic grant request award give reason reject applic refer select award criteria previous announc applic inform dai award decis forward beneficiari chapter payment articl pace payment determin financi risk involv durat progress action cost incur beneficiari articl authoris offic respons requir beneficiari lodg guarante advanc order limit financi risk connect payment pre financ take account difficulti access local bank servic state actor guarante demand respect pre financ exceed eur million repres total amount grant authoris offic respons exempt oblig beneficiari conclud framework partnership agreement articl amount grant final commiss accept final report account prejudic subsequ check commiss beneficiari fail compli legal contractu oblig grant suspend reduc termin beneficiari opportun make observ chapter implement articl implement action requir award procur contract beneficiari grant agreement refer articl make provis procedur compli commun rule procur applic cooper member countri grant agreement provid expressli commiss olaf court auditor exercis power control document spot contractor subcontractor receiv financi assist edf resourc articl context decentralis manag refer articl commiss strive encourag manag beneficiari acp state oct aim appli provis equival laid titl titl vii account chapter present account articl commiss draw juli year latest account edf describ financi situat fund decemb preced year edf account compris financi statement refer articl report financi implement refer articl financi statement inform suppli eib accord articl edf account accompani report financi manag preced year accur descript achiev object financi year accord principl sound financi manag financi situat event signific influenc activ carri financi year articl account compli rule accur comprehens present true fair view financi statement asset liabil charg incom entitl oblig shown asset liabil cash flow report financi implement revenu expenditur oper edf resourc articl financi statement refer articl drawn accord gener accept account principl concern basi prudenc consist account method compar inform materi net realiti appear accrual base account articl accord principl accrual base account financi statement refer articl show charg incom financi year date payment collect asset liabil determin accord valuat rule provid articl articl financi statement prepar account offic present million euro compris balanc sheet repres asset liabil financi situat econom outturn edf decemb previou year present accord structur laid direct european parliament council annual account type compani account specif natur edf activ cash flow tabl show amount collect disburs year final treasuri posit statement sourc fund cover preced financi year tabl item payabl edf show amount recov begin financi year ii entitl establish financi year iii amount recov financi year iv cancel establish entitl amount recov end financi year annex financi statement supplement comment inform present statement refer paragraph note indic account principl appli prepar present account articl report financi implement prepar account offic present million euro compris financi outturn account set financi oper year term revenu expenditur annex financi outturn account supplement comment inform present report financi implement compris tabl present million euro prepar chief authoris offic conjunct account offic tabl describ preced financi year appropri annex tabl show total alloc commit assign fund payment effect financi year aggreg total open edf tabl show appropri countri territori region region total commit assign fund payment effect financi year aggreg total open edf articl commiss send provision account court auditor march financi year latest april send european parliament council court auditor report refer articl financi manag year articl court auditor june latest make observ provision account part edf resourc commiss respons financi manag articl commiss make correct deem draw final account commiss approv final account send european parliament council court auditor juli financi year latest final account publish octob financi year offici journal european union statement assur court auditor respect part edf resourc commiss respons financi manag articl chapter inform implement edf resourc articl commiss eib monitor extent concern edf assist acp state oct beneficiari implement project financ edf regard object refer articl acp ec agreement provis oversea associ decis eib period inform commiss implement project financ edf resourc administ procedur set oper guidelin invest facil commiss eib provid edf committe inform oper implement edf resourc nation region alloc set annex inform cover project programm financ invest facil commiss send inform court auditor accord articl intern agreement chapter account articl account system system serv organis financi inform figur input file regist account consist gener account financi account account euro basi financi year figur gener account financi account adopt close financi year account refer chapter drawn notwithstand paragraph chief authoris offic analyt account articl account offic respons monitor entri account payment member state revenu articl gener account record chronolog order doubl entri method event oper affect econom financi situat asset liabil edf make edf balanc sheet articl movement account balanc enter account ledger account entri includ adjust account base support document refer account system leav trail account entri articl account offic close financi year date present account make adjust involv disburs collect respect year true fair present account compli rule articl financi account detail monitor financi implement edf resourc show alloc commit assign fund payment establish debt collect oper financi year full adjust commit payment debt express nation currenc account system make record nation currenc euro commit defin articl record euro financ decis commiss assign fund defin articl record euro equival contract grant programm estim conclud beneficiari acp state oct commiss perform project includ provis payment reimburs expens present support document provis revis price conting defin edf fund contract financi provis exchang rate fluctuat convers rate final account payment made project programm refer part acp ec agreement annex iv thereto oversea associ decis rate applic date commiss account refer articl regul debit account record refer fulfil commit period year date decis give discharg respect financi implement edf resourc refer articl financi year commit close account purpos articl account offic adopt applic account rule method prepar consult chief authoris offic adopt chart account appli edf oper guid internation accept account standard public sector depart justifi specif natur edf activ entri account made basi chart account nomenclatur make clear distinct gener account financi account chart account court auditor titl viii extern audit discharg chapter gener provis articl oper financ edf resourc manag eib accord articl subject audit discharg procedur laid statut eib oper detail rule audit court auditor set tripartit agreement result common agreement eib commiss court auditor agreement forc possibl agreement agreement replac oper financ edf resourc manag commiss accord articl court auditor exercis power accord titl chapter extern audit articl commiss inform court auditor decis rule adopt pursuant regul articl perform task court auditor notifi commiss author regul appli name member staff empow audit task entrust person articl respect cooper acp state court auditor examin revenu receiv expenditur incur law proper manner regard provis acp ec agreement regul act adopt pursuant instrument respect cooper oct court auditor examin revenu receiv expenditur incur law proper manner regard provis ec treati oversea associ decis regul applic act perform task court auditor entitl consult manner provid paragraph document inform relat financi manag depart bodi regard oper financ financ edf resourc power make enquiri offici respons revenu expenditur oper audit procedur depart bodi order obtain inform perform task court auditor present request audit oper carri framework financi implement behalf commiss court auditor ensur secur cash deposit hand check voucher sign depositori offici memoranda cash secur held court carri check request court auditor commiss authoris financi institut hold edf deposit enabl court auditor ensur extern data talli account commiss afford court auditor facil give inform deem perform task place dispos court auditor document award perform contract account cash materi account record support document administr document relat thereto document relat revenu expenditur inventori organis chart court auditor consid audit financi outturn report basi document spot purpos document data creat store magnet medium offici oper check court auditor disclos record cash hand cash secur materi kind support document respect stewardship fund entrust book regist document relat thereto present correspond document requir full implement audit refer paragraph inform refer subparagraph request court auditor court auditor empow audit document relat edf revenu expenditur held commiss depart respons task establish revenu receiv expenditur incur law proper manner financi manag sound extend utilis bodi commiss edf resourc receiv manag form grant accord titl vi financ edf resourc grant beneficiari commiss subject agreement write beneficiari fail agreement part contractor subcontractor audit court auditor made financ grant integr comput system effect impair access court auditor support document nation audit author beneficiari state encourag particip work court auditor articl closur financi year court auditor draw annual report accord paragraph court auditor transmit commiss june latest observ opinion annual report observ remain confidenti commiss address repli court auditor septemb latest annual report assess sound financi manag court auditor add summari report gener observ see fit make court auditor step ensur commiss repli observ publish immedi observ relat court auditor send annual report commiss repli author respons give discharg commiss octob latest ensur public thereof offici journal european union articl court auditor notifi commiss observ opinion special report observ remain confidenti commiss half month inform court auditor comment wish make observ question court auditor adopt definit version special report question month special report refer paragraph commiss repli transmit delai european parliament council decid conjunct commiss action respons court auditor decid special report publish offici journal european union accompani commiss repli court auditor request institut issu opinion matter relat edf articl time annual report refer articl court auditor provid european parliament council statement assur reliabl account legal regular underli transact chapter discharg articl april year european parliament recommend council act qualifi major give discharg commiss respect financi implement year edf resourc manag accord articl date met european parliament council inform commiss reason postpon european parliament postpon decis give discharg commiss make effort measur facilit remov obstacl decis discharg decis cover account refer articl part thereof provid eib accord articl discharg decis includ assess respons commiss execut financi manag preced period view grant discharg european parliament council examin edf account refer articl examin annual report made court auditor commiss repli special report court auditor relev financi year question court auditor statement assur reliabl account legal regular underli transact commiss step act observ accompani european parliament discharg decis comment accompani discharg recommend adopt council request european parliament council commiss report measur light observ comment instruct depart respons financi implement edf resourc report court auditor decis give discharg publish offici journal european union articl commiss submit european parliament request inform requir control implement edf resourc manag commiss accord articl year question access confidenti inform arrang handl compli fundament human right protect busi secreci provis govern judici disciplinari proceed interest commun part specif provis edf resourc manag eib articl year septemb eib send commiss estim commit payment draw commun refer articl respect oper invest facil includ interest rate subsidi accord intern agreement year eib send commiss updat estim commit payment draw commun refer articl articl contribut refer articl adopt council paid member state eib special account open member state save council decid remuner eib accord articl intern agreement proce receiv bank credit balanc special account refer paragraph articl record account commiss purpos set articl agreement right result oper carri eib edf resourc right creditor owner vest member state eib undertak treasuri manag amount refer paragraph accord detail rule laid manag agreement provid articl invest facil manag accord condit laid acp ec agreement oversea associ decis intern agreement articl eib remuner full indemn basi manag invest facil oper council decid resourc mechan remuner bank accord articl intern agreement measur implement decis incorpor manag agreement provid articl articl eib regularli inform commiss oper carri invest facil includ interest rate subsidi made call contribut paid eib total quarterli amount commit contract payment accord detail rule laid manag agreement provid articl articl eib account invest facil includ interest rate subsidi financ edf provid trail full circuit fund receipt disburs revenu give rise subsequ recoveri eib commiss draw relev account rule method common agreement inform member state year eib send council commiss report implement oper financ edf resourc manag includ financi statement drawn accord rule method refer paragraph inform refer articl document submit draft form februari final version june financi year commiss prepar account refer articl regul accord articl intern agreement report financi manag resourc manag eib submit commiss march financi year articl eib rule appli contract financ edf resourc manag articl programm project financ member state implement bodi correspond prioriti laid countri cooper strategi provid chapter iii intern agreement articl oversea associ decis eib entrust respons manag commun aid member state implement bodi articl detail rule implement part subject manag agreement commiss act behalf commun eib part transit final provis titl transit provis chapter transfer balanc remain previou edf articl provis titl govern transfer edf balanc remain resourc constitut intern agreement relat edf hereinaft refer quot previou edf quot balanc remain previou edf financ project programm form action contribut attain object acp ec agreement oversea associ decis accord provis agreement decis condit laid titl end balanc remain previou edf date entri forc financi protocol set annex acp ec agreement case acp state date entri forc intern agreement case oct amount decommit date ongo project edf transfer edf paragraph appli prejudic decis acp ec council minist articl resourc transfer edf previous alloc indic programm acp state acp region entri forc financi protocol set annex acp ec agreement remain alloc state region resourc alloc oct entri forc oversea associ decis remain alloc resourc transfer edf alloc previous indic programm oct region remain alloc oct region cooper context implement oversea associ decis balanc revenu accru interest resourc previou edf transfer edf alloc purpos revenu provid articl intern agreement appli miscellan revenu previou edf compris default interest receiv event late payment contribut edf member state interest gener edf resourc manag eib payabl commun articl respect acp state balanc alloc countri region take account transit measur applic entri forc acp ec agreement assign unalloc amount edf accord decis refer articl regul subparagraph appli balanc remain resourc previou edf previous alloc specif acp state region includ balanc resourc emerg aid aid refuge structur adjust balanc remain resourc stabex sysmin instrument respect oct balanc alloc indic programm date intern agreement enter forc assign alloc amount edf subparagraph appli balanc remain amount refer articl council decis ec concern stabex sysmin instrument financ decis balanc sysmin adopt entri forc intern agreement request financ introduc decis ec expir articl commiss adopt detail arrang implement titl regard definit treatment edf remain balanc amount decommit transfer edf detail arrang adopt consult eib respect resourc manag accord rule laid acp ec agreement oversea associ decis intern agreement regul chapter rule applic implement previou edf balanc transfer articl balanc remain previou edf transfer edf administ accord condit laid titl relev provis acp ec agreement oversea associ decis intern agreement acp state commit relat previou edf enter entri forc acp ec agreement continu implement accord rule applic edf save duti financi control present account procedur call contribut provis regul appli effect date acp ec agreement enter forc balanc transfer edf accord condit laid acp ec agreement intern agreement regul transfer made previou edf benefit nation region indic programm provid articl amount exce eur million countri region resourc administ accord rule edf origin elig particip tender award contract resourc transfer equal eur million elig rule applic tender edf appli oct commit relat previou edf enter entri forc intern agreement regul continu implement accord rule applic edf save duti financi control present account procedur call contribut provis regul appli resourc previou edf continu emploi accord relev provis decis ec remain applic purpos entri forc intern agreement decis relat previou edf eib undertak financi implement continu implement accord rule applic edf save duti financi control present account procedur call contribut requir implement decis laid regul case oper manag commiss articl ensur commit enter previou edf complet accord principl sound financi manag commiss implement procedur provid regul enter forc financ agreement renew event renew period year deadlin laid time entri forc complet programm project financ agreement question chapter transit period articl procedur member state contribut laid articl appli time respect instal propos entri forc regul deadlin refer articl appli time respect financi year earlier year deadlin april articl juli articl octob articl novemb articl juli octob articl novemb articl march septemb april subparagraph articl provis titl vii part appli gradual depend technic possibl order fulli effect financi year titl ii final provis articl accord articl intern agreement member state assess degre commit disburs carri expiri edf occas assess commiss respect resourc reserv cost link implement articl intern agreement resourc support financi cooper cost link implement articl intern agreement establish light assess due account uncommit disburs resourc edf commiss full account perform assess updat alloc resourc articl intern agreement decid realloc resourc order guarante optimum resourc expiri edf member state set date resourc edf longer commit articl regul enter forc dai public offici journal european union applic period intern agreement brussel march council presid strataki oj oj oj oj oj oj oj oj oj oj oj oj oj annex financi inform edf accord articl intern agreement edf consist amount eur million contribut member state gt tabl gt total amount eur million alloc acp state ii eur million alloc oct iii eur million alloc commiss cost link implement edf total amount state articl intern agreement amount eur million reserv acp state alloc eur million form repay aid compris eur million reserv support long term develop program accord articl annex iv acp ec agreement resourc financ humanitarian aid short term emerg aid accord articl acp ec agreement total alloc eur million earmark financ interest rate subsidi provid articl annex acp ec agreement articl annex ii thereto ii eur million reserv financ budget centr develop enterpris cde accord provis annex iii acp ec agreement iii eur million reserv financ budget technic centr agricultur rural cooper cta accord provis annex iii acp ec agreement iv eur million expenditur relat acp ec joint assembl constitut articl acp ec agreement eur million reserv financ support region cooper integr acp state accord articl annex iv acp ec agreement eur million alloc financ invest facil accord term condit set annex ii quot term condit financ quot acp ec agreement prejudic financ interest rate subsidi provid articl annex ii agreement fund resourc mention point section eur million refer section amount eur million releas perform review undertaken council basi propos commiss resourc releas distribut envelop refer point section amount financi assist oct alloc commun amount state articl intern agreement eur million eur million form repay aid includ eur million set financ interest rate subsidi provid articl annex iia oversea associ decis eur million invest facil rule govern implement assist laid council decis associ oct commun adopt pursuant articl treati amount eur million reserv financ cost link implement incur commiss framework acp ec agreement utilis accord principl set articl intern agreement resourc refer articl agreement amount laid paragraph section ad eur million form loan grant eib resourc resourc grant purpos set annex ii acp ec agreement oversea associ decis accord condit provid statut relev provis term condit invest financ laid annex decis loan alloc eur million financ oper carri acp state eur million financ oper carri oct