in force 2020-01-01 MODIFIED+1,137 −137§
Amended by Regulation (EU) 2019/2175 32019R2175
applies from: unknown (the text changed beyond its dates, so no date that moved can be read as the application date)
dates added to the text: 2018-07-18 · dates removed: 2002-06-25
The reference to the Financial Regulation was updated from Regulation (EC, Euratom) No 1605/2002 of 25 June 2002 and its Article 185 to Regulation (EU, Euratom) 2018/1046 of 18 July 2018 and its Article 70.
Point (c) on fees paid to the Authority now ends with a semicolon instead of a full stop, and two new revenue sources were added as points (d) and (e), covering voluntary contributions from Member States or observers and agreed charges for publications, training and other requested services.
A new closing sub-paragraph was added stating that voluntary contributions referred to in point (d) shall not be accepted if acceptance would cast doubt on the Authority's independence and impartiality, while contributions compensating for delegated tasks are not considered to cast such doubt.
Cited: Art. 62, v1 · Art. 62, v2
text before / after
02010R1094-20140523 → 02010R1094-20200101
Article 62
Budget of the Authority
1. The revenues of the Authority, a European body in accordance with Article 185 70 of Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council Regulation (EC, (EU, Euratom) No 1605/2002 2018/1046 of 25 June 2002 the European Parliament and of the Council of 18 July 2018 on the Financial Regulation financial rules applicable to the general budget of the European Communities
OJ Union, amending Regulations (EU) No 1296/2013, (EU) No 1301/2013, (EU) No 1303/2013, (EU) No 1304/2013, (EU) No 1309/2013, (EU) No 1316/2013, (EU) No 223/2014, (EU) No 283/2014, and Decision No 541/2014/EU and repealing Regulation (EU, Euratom) No 966/2012 (OJ L 248, 16.9.2002, 193, 30.7.2018, p. 1. (hereinafter the ‘Financial Regulation’), 1). (the Financial Regulation), shall consist, in particular, of any combination of the following:
(a) obligatory contributions from the national public authorities competent for the supervision of financial institutions, which shall be made in accordance with a formula based on the weighting of votes set out in Article 3(3) of Protocol (No 36) on transitional provisions. For the purposes of this Article, Article 3(3) of Protocol (No 36) on transitional provisions shall continue to apply beyond the deadline of 31 October 2014 therein established;
(b) a subsidy from the Union, entered in the General Budget of the European Union (Commission Section);
(c) any fees paid to the Authority in the cases specified in the relevant instruments of Union law. law;
(d) any voluntary contribution from Member States or observers;
(e) agreed charges for publications, training and for any other services provided by the Authority where they have been specifically requested by one or more competent authorities.
Any voluntary contribution from Member States or observers referred to in point d of the first sub-paragraph shall not be accepted if such acceptance would cast doubt on the independence and impartiality of the Authority. Voluntary contributions that constitute compensation for the cost of tasks delegated by a competent authority to the Authority shall not be considered to cast doubt on the independence of the latter.
2. The expenditure of the Authority shall include, at least, staff, remuneration, administrative, infrastructure, professional training and operational expenses.
3. Revenue and expenditure shall be in balance.
4. Estimates of all Authority revenue and expenditure shall be prepared for each financial year, corresponding to the calendar year, and shall be presented in the budget of the Authority.