European Commission 7 December 2021, Commission Delegated Regulation (EU) 2022/127 of 7 December 2021 supplementing Regulation (EU) 2021/2116 of the European Parliament and of the Council with rules on paying agencies and other bodies, financial management, clearance of accounts, securities and use of euro

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European Union · · · Cited by 153 · 07-12-2021

CHAPTER I. Paying agencies and other bodies
Article 1. Conditions for the accreditation of paying agencies
Article 2. Conditions for the accreditation of coordinating bodies
Article 3. Obligations of the paying agency as regards public intervention
Article 4. Inventory
CHAPTER II. Financial management
Article 5. Non-compliance with the latest payment deadline
Article 6. Non-compliance with the earliest date of payment
Article 7. Compensation by paying agencies
Article 8. Late adoption of Union budget
Article 9. Deferral of monthly payments
Article 10. Suspension of payments in relation to the annual clearance
Article 11. Suspension of payments in relation to the performance clearance
Article 12. Applicable exchange rate for drawing up declarations of expenditure
CHAPTER III. Clearance of accounts and other checks
Article 13. Criteria and methodology for applying reductions in the framework of the performance clearance
Article 14. Criteria and methodology for applying corrections in the framework of the conformity procedure for the expenditure outside the scope of Regulation (EU) 2021/2115 or for the crop-specific payment for cotton and support for early retirement
Article 15. Criteria and methodology for applying corrections in the framework of the conformity procedure for expenditure within the scope of Regulation (EU) 2021/2115
CHAPTER IV. Securities
Section 1. Scope and use of terms
Article 16. Scope
Article 17. Terms used in this Chapter
Section 2. Requirement of a security
Article 18. Responsible party
Article 19. Waiver of a security requirement
Article 20. Conditions applying to securities
Article 21. Use of euro
Article 22. The guarantor
Article 23. Application of force majeure
Section 3. Release and forfeiture of securities other than those referred to in Section 4
Article 24. Forfeiting of securities
Article 25. Releasing of securities
Article 26. Thresholds
Section 4. Securities with respect to advance payments
Article 27. Scope
Article 28. Release of securities
CHAPTER V. Use of euro
Article 29. Trade with third countries
Article 30. Specific types of aid
Article 31. Wine sector
Article 32. Amounts and payments of aid linked to the implementation of the school scheme
Article 33. Support of structural or environmental character
Article 34. Other amounts and prices
Article 35. Payment of advances
Article 36. Securities
Article 37. Determination of the exchange rate
Article 38. Scrutiny of transactions
CHAPTER VI. Transitional and final provisions
Article 39. Transitional provisions
Article 40. Repeal
Article 41. Entry into force and application
ANNEX I. Accreditation criteria for paying agencies referred to in Article 1(2)

31.1.2022

Official Journal of the European Union

L 20/95

COMMISSION DELEGATED REGULATION (EU) 2022/127

of 7 December 2021

supplementing Regulation (EU) 2021/2116 of the European Parliament and of the Council with rules on paying agencies and other bodies, financial management, clearance of accounts, securities and use of euro

THE EUROPEAN COMMISSION,

Having regard to the

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