Council of the European Union and European Parliament 25 October 2012, Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council of 25 October 2012 on the financial rules applicable to the general budget of the Union and repealing Council Regulation (EC, Euratom) No 1605/2002 Also known as
Regulation (EU, EURATOM) No 966/2012 establishes the financial rules applicable to the general budget of the European Union, aiming to ensure sound financial management, control, and transparency. Key provisions include principles of budgetary accuracy, annuality, equilibrium, and sound financial management, alongside detailed rules for budget implementation, procurement, grants, and external actions. The regulation applies to all EU institutions and bodies, with specific provisions for various funds and external actions, and is enforced through internal and external audits by the Court of Auditors.AI
European Union ·
Table of Contents PART ONE. COMMON PROVISIONS TITLE I. SUBJECT MATTER, SCOPE AND DEFINITIONS Article 1. Subject matter Article 2. Definitions Article 3. Compliance of secondary legislation with this Regulation Article 4. Periods, dates and time limits Article 5. Protection of personal data TITLE II. BUDGETARY PRINCIPLES Article 6. Respect for budgetary principles CHAPTER 1. Principles of unity and of budgetary accuracy Article 7. Scope of the budget Article 8. Specific rules on the principles of unity and budgetary accuracy CHAPTER 2. Principle of annuality Article 9. Definition Article 10. Type of appropriations Article 11. Accounting for revenue and appropriations Article 12. Commitment of appropriations Article 13. Cancellation and carry-over of appropriations Article 14. Carry-over rules for assigned revenue Article 15. Decommitment of appropriations Article 16. Rules applicable in the event of late adoption of the budget CHAPTER 3. Principle of equilibrium Article 17. Definition and scope Article 18. Balance from financial year CHAPTER 4. Principle of unit of account Article 19. Use of euro CHAPTER 5. Principle of universality Article 20. Definition and scope Article 21. Assigned revenue Article 22. Donations Article 23. Rules on deductions and exchange rate adjustments CHAPTER 6. Principle of specification Article 24. General provisions Article 25. Transfers by institutions other than the Commission Article 26. Transfers by the Commission Article 27. Transfer proposals submitted to the European Parliament and the Council by the institutions Article 28. Specific rules on transfers Article 29. Transfers subject to special provisions CHAPTER 7. Principle of sound financial management Article 30. Principles of economy, efficiency and effectiveness Article 31. Compulsory financial statement Article 32. Internal control of budget implementation Article 33. Cost-effective control systems CHAPTER 8. Principle of transparency Article 34. Publication of accounts, budgets and reports Article 35. Publication of information on recipients and other information TITLE III. ESTABLISHMENT AND STRUCTURE OF THE BUDGET CHAPTER 1. Establishment of the budget Article 36. Estimates of revenue and expenditure Article 37. Estimated budget of the bodies referred to in Article 208 Article 38. Draft budget Article 39. Letter of amendment to the draft budget Article 40. Obligations of the Member States stemming from the adoption of the budget Article 41. Draft amending budgets Article 42. Early transmission of estimates and draft budgets CHAPTER 2. Structure and presentation of the budget Article 43. Structure of the budget Article 44. Budget nomenclature Article 45. Prohibition of negative revenue Article 46. Provisions Article 47. Negative reserve Article 48. Emergency Aid Reserve Article 49. Presentation of the budget Article 50. Rules on the establishment plans for staff CHAPTER 3. Budgetary discipline Article 51. Compliance with the multiannual financial framework Article 52. Compliance of Union acts with the budget TITLE IV. IMPLEMENTATION OF THE BUDGET CHAPTER 1. General provisions Article 53. Budget implementation in accordance with the principle of sound financial management Article 54. Basic act and exceptions Article 55. Implementation of the budget by institutions other than the Commission Article 56. Delegation of budget implementation powers Article 57. Conflict of interests CHAPTER 2. Methods of implementation Article 58. Methods of implementation of the budget Article 59. Shared management with Member States Article 60. Indirect management Article 61. Ex ante assessments and delegation agreements Article 62. Executive agencies Article 63. Limits to delegation of powers CHAPTER 3. Financial actors Section 1. Principle of segregation of duties Article 64. Segregation of duties Section 2. Authorising officer Article 65. The authorising officer Article 66. Powers and duties of the authorising officer Article 67. Powers and duties of Heads of Union Delegations Section 3. Accounting officer Article 68. Powers and duties of the accounting officer Article 69. Powers which may be delegated by the accounting officer Section 4. Imprest administrator Article 70. Imprest accounts CHAPTER 4. Liability of financial actors Section 1. General rules Article 71. Withdrawal of delegation and suspension of duties given to financial actors Article 72. Liability of the authorising officer for illegal activity, fraud or corruption Section 2. Rules applicable to authorising officers responsible Article 73. Rules applicable to authorising officers Section 3. Rules applicable to accounting officers and imprest administrators Article 74. Rules applicable to accounting officers Article 75. Rules applicable to imprest administrators CHAPTER 5. Revenue operations Section 1. Making own resources available Article 76. Own resources Section 2. Estimate of amounts receivable Article 77. Estimate of amounts receivable Section 3. Establishment of amounts receivable Article 78. Establishment of amounts receivable Section 4. Authorisation of recovery Article 79. Authorisation of recovery Section 5. Recovery Article 80. Rules on recovery Article 81. Limitation period Article 82. National treatment for Union entitlements Article 83. Fines, penalties and accrued interest imposed by the Commission CHAPTER 6. Expenditure operations Article 84. Financing decisions Section 1. Commitment of expenditure Article 85. Types of commitments Article 86. Rules applicable to commitments Article 87. Checks applicable to commitments Section 2. Validation of expenditure Article 88. Validation of expenditure Section 3. Authorisation of expenditure Article 89. Authorisation of expenditure Section 4. Payment of expenditure Article 90. Types of payments Article 91. Payment limited to funds available Section 5. Time limits for expenditure operations Article 92. Time limits CHAPTER 7. IT systems and e-Government Article 93. Electronic management of operations Article 94. Transmission of documents Article 95. e-Government CHAPTER 8. Administrative principles Article 96. Good administration Article 97. Indication of means of redress CHAPTER 9. Internal auditor Article 98. Appointment of the internal auditor Article 99. Powers and duties of the internal auditor Article 100. Independence of the internal auditor TITLE V. PUBLIC PROCUREMENT CHAPTER 1. General provisions Section 1. Scope and award principles Article 101. Definition of public contracts Article 102. Principles applicable to public contracts Section 2. Publication Article 103. Publication of public contracts Section 3. Procurement procedures Article 104. Procurement procedures Article 105. Content of tender documents Article 106. Exclusion criteria applicable for participation in procurement procedures Article 107. Exclusion criteria applicable to awards Article 108. Central exclusion database Article 109. Administrative and financial penalties Article 110. Award criteria for contracts Article 111. Submission of tenders Article 112. Principles of equal treatment and transparency Article 113. The award decision Article 114. Cancellation of the procurement procedure Section 4. Guarantees and corrective action Article 115. Guarantees Article 116. Errors, irregularities and fraud in the procedure CHAPTER 2. Provisions applicable to contracts awarded by the institutions on their own account Article 117. The contracting authority Article 118. Thresholds applicable Article 119. Rules on participation in tendering procedures Article 120. Procurement rules of the World Trade Organisation TITLE VI. GRANTS CHAPTER 1. Scope and form of grants Article 121. Scope of grants Article 122. Beneficiaries Article 123. Forms of grants Article 124. Lump sums, unit costs and flat-rate financing CHAPTER 2. Principles Article 125. General principles applicable to grants Article 126. Eligible costs Article 127. Co-financing in kind Article 128. Transparency Article 129. Principle of non-cumulative award Article 130. Principle of non-retroactivity CHAPTER 3. Award procedure Article 131. Applications for grants Article 132. Selection and award criteria Article 133. Evaluation procedure CHAPTER 4. Payment and control Article 134. Pre-financing guarantee Article 135. Payment of grants and controls Article 136. Periods for record-keeping CHAPTER 5. Implementation Article 137. Implementation contracts and financial support to third parties TITLE VII. PRIZES Article 138. General rules TITLE VIII. FINANCIAL INSTRUMENTS Article 139. Scope Article 140. Principles and conditions applicable to financial instruments TITLE IX. PRESENTATION OF THE ACCOUNTS AND ACCOUNTING CHAPTER 1. Presentation of the accounts Article 141. Structure of the accounts Article 142. Report on budgetary and financial management Article 143. Rules governing the accounts Article 144. Accounting principles Article 145. Financial statements Article 146. Budgetary implementation reports Article 147. Provisional accounts Article 148. Approval of the final consolidated accounts CHAPTER 2. Information on the implementation of the budget Article 149. Report on budgetary guarantees and risks Article 150. Information on budget implementation CHAPTER 3. Accounting Section 1. Common provisions Article 151. The accounting system Article 152. Common requirements for the institutions' accounting system Section 2. General accounts Article 153. The general accounts Article 154. Entries in the general accounts Article 155. Accounting adjustments Section 3. Budgetary accounts Article 156. Budgetary accounting CHAPTER 4. Property inventories Article 157. The inventory TITLE X. EXTERNAL AUDIT AND DISCHARGE CHAPTER 1. External audit Article 158. External audit by the Court of Auditors Article 159. Rules and procedure on the audit Article 160. Checks on securities and cash Article 161. Court of Auditors' right of access Article 162. Annual report of the Court of Auditors Article 163. Special reports of the Court of Auditors CHAPTER 2. Discharge Article 164. Timetable of the discharge procedure Article 165. The discharge procedure Article 166. Follow-up measures Article 167. Specific provisions regarding the EEAS PART TWO. SPECIAL PROVISIONS TITLE I. EUROPEAN AGRICULTURAL GUARANTEE FUND Article 168. Special provisions on the European Agricultural Guarantee Fund Article 169. Commitments of EAGF appropriations Article 170. Global provisional commitments of EAGF appropriations Article 171. Schedule and timing of EAGF budgetary commitments Article 172. Accounting of EAGF expenditure Article 173. Transfer of EAGF appropriations Article 174. Assigned EAGF revenue TITLE II. STRUCTURAL FUNDS, COHESION FUND, EUROPEAN FISHERIES FUND, EUROPEAN AGRICULTURAL FUND FOR RURAL DEVELOPMENT, AND FUNDS IN THE AREA OF FREEDOM, SECURITY AND JUSTICE MANAGED IN SHARED MANAGEMENT Article 175. Special provisions Article 176. Respect of the allocations of commitment appropriations Article 177. Payments of contributions, interim payments and repayments Article 178. Decommitment of appropriations Article 179. Transfer of appropriations Article 180. Management, selection and audit TITLE III. RESEARCH Article 181. Research funds Article 182. Commitments of Research Fund Article 183. Joint Research Centre TITLE IV. EXTERNAL ACTIONS CHAPTER 1. General provisions Article 184. External actions CHAPTER 2. Implementation of actions Section 1. General provisions Article 185. Implementation of external actions Section 2. Budget support and multi-donor trust funds Article 186. Use of budget support Article 187. Union trust funds for external actions Section 3. Other management modes Article 188. Implementation of external actions through indirect management Article 189. Financing agreements on the implementation of external actions CHAPTER 3. Procurement Article 190. External action procurement Article 191. Rules on participation in tendering procedures CHAPTER 4. Grants Article 192. Full financing of an external action Article 193. Applicable rules for external action grants CHAPTER 5. Auditing of accounts Article 194. Union audit in external action TITLE V. EUROPEAN OFFICES Article 195. The European Offices Article 196. Appropriations regarding the European offices Article 197. Authorising Officer of European offices Article 198. The accounts of the interinstitutional European offices Article 199. Delegation of authorising officer powers for interinstitutional European offices Article 200. Services to third parties TITLE VI. ADMINISTRATIVE APPROPRIATIONS Article 201. General provisions Article 202. Commitments Article 203. Specific provisions regarding administrative appropriations TITLE VII. EXPERTS Article 204. Remunerated external experts PART THREE. FINAL AND TRANSITIONAL PROVISIONS Article 205. Transitional provisions Article 206. Information requests by the European Parliament and the Council Article 207. Thresholds and amounts Article 208. Framework financial regulation for bodies set up under the TFEU and the Euratom Treaty Article 209. Model Financial Regulation for public-private partnership bodies Article 210. Exercise of the delegation Article 211. Review Article 212. Repeal Article 213. Review concerning the EEAS Article 214. Entry into force 26.10.2012
EN
Official Journal of the European Union
L 298/1
REGULATION (EU, EURATOM) No 966/2012 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
of 25 October 2012
on the financial rules applicable to the general budget of the Union and repealing Council Regulation (EC, Euratom) No 1605/2002
CONTENTS
PART ONE
COMMON PROVISIONS 17 TITLE I
SUBJECTRead the full text This document is published by eur-lex.europa.eu.
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