PART III: THE POLICIES AND FUNCTIONING OF THE UNION
TITLE VI – THE FUNCTIONING OF THE UNION
CHAPTER II – FINANCIAL PROVISIONS
Section 3 – Implementation of the budget and discharge
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For the III_VI_II_3 section, there are the following articles:
Article III-407 with 0 annotations
Article III-408 with 0 annotations
Article III-409 with 0 annotations
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The Commission shall implement the budget in cooperation with the Member States, in accordance
with the European law referred to in Article III-412, on its own responsibility and within the limits of
the appropriations allocated, having regard to the principles of sound financial management. Member
States shall cooperate with the Commission to ensure that the appropriations are used in accordance
with those principles.
The European law referred to in Article III-412 shall establish the control and audit obligations of the
Member States in the implementation of the budget and the resulting responsibilities. It shall
establish the responsibilities and detailed rules for each institution concerning its part in effecting its
own expenditure.
Within the budget the Commission may, subject to the limits and conditions laid down by the
European law referred to in Article III-412, transfer appropriations from one chapter to another or
from one subdivision to another.
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The Commission shall submit annually to the European Parliament and to the Council the accounts
of the preceding financial year relating to the implementation of the budget. The Commission shall
also forward to them a financial statement of the Union's assets and liabilities.
The Commission shall also submit to the European Parliament and to the Council an evaluation
report on the Union's finances based on the results achieved, in particular in relation to the
indications given by the European Parliament and the Council pursuant to Article III-409.
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1. The European Parliament, on a recommendation from the Council, shall give a discharge to the
Commission in respect of the implementation of the budget. To this end, the Council and the
European Parliament in turn shall examine the accounts, the financial statement and the evaluation
report referred to in Article III-408, the annual report by the Court of Auditors together with the
replies of the institutions under audit to the observations of the Court of Auditors, the statement of
assurance referred to in the second subparagraph of Article III-384(1) and any relevant special
reports by the Court of Auditors.
2. Before giving a discharge to the Commission, or for any other purpose in connection with the
exercise of its powers over the implementation of the budget, the European Parliament may ask to
hear the Commission give evidence with regard to the execution of expenditure or the operation of
financial control systems. The Commission shall submit any necessary information to the
European Parliament at the latter's request.
3. The Commission shall take all appropriate steps to act on the observations in the decisions
giving discharge and on other observations by the European Parliament relating to the execution of
expenditure, as well as on comments accompanying the recommendations on discharge adopted by
the Council.
4. At the request of the European Parliament or the Council, the Commission shall report on the
measures taken in the light of these observations and comments and in particular on the instructions
given to the departments which are responsible for the implementation of the budget. These reports
shall also be forwarded to the Court of Auditors.
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