Interinstitutional Agreement between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management - Declarations

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Contents

  1. Current status
  2. Key information
  3. Key dates
  4. Legislative text
  5. Sources and disclaimer
  6. Full version
  7. EU Monitor

1.

Current status

This interinstitutional agreement (IIA) was in effect from January  1, 2007 until December 22, 2013.

2.

Key information

official title

Interinstitutional Agreement between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management - Declarations
 
Legal instrument Interinstitutional agreement (IIA)
CELEX number i 32006Q0614(01)

3.

Key dates

Document 17-05-2006
Publication in Official Journal 14-06-2006; Special edition in Bulgarian: Chapter 01 Volume 006,OJ C 139, 14.6.2006,Special edition in Croatian: Chapter 01 Volume 007,Special edition in Romanian: Chapter 01 Volume 006
Signature 17-05-2006; Strasbourg
17-05-2006; Strasbourg
Effect 01-01-2007; Entry into force See Pt 8
01-01-2007; Entry into force See Pt 8
End of validity 22-12-2013; Replaced by 32013Q1220(01)
22-12-2013; Replaced by 32013Q1220(01)

4.

Legislative text

14.6.2006   

EN

Official Journal of the European Union

C 139/1
 

INTERINSTITUTIONAL AGREEMENT

between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management

(2006/C 139/01)

THE EUROPEAN PARLIAMENT, THE COUNCIL OF THE EUROPEAN UNION AND THE COMMISSION OF THE EUROPEAN COMMUNITIES,

hereinafter referred to as the ‘institutions’,

HAVE AGREED AS FOLLOWS:

 

1.

The purpose of this Agreement is to implement budgetary discipline and to improve the functioning of the annual budgetary procedure and cooperation between the institutions on budgetary matters as well as to ensure sound financial management.
 

2.

Budgetary discipline under this Agreement covers all expenditure. It is binding on all the institutions for as long as this Agreement is in force.
 

3.

This Agreement does not alter the respective budgetary powers of the institutions, as laid down in the Treaties. Where reference is made to this Point, the Council will act by a qualified majority and the European Parliament by a majority of its members and three fifths of the votes cast, in compliance with the voting rules laid down in the fifth subparagraph of Article 272(9) of the Treaty establishing the European Community (hereinafter referred to as the ‘EC Treaty’).
 

4.

Should a Treaty revision with budgetary implications occur during the multiannual financial framework 2007 to 2013 (hereinafter referred to as ‘the financial framework’), the necessary adjustments will be made accordingly.
 

5.

Any amendment of this Agreement requires the consent of all the institutions. Changes to the financial framework must be made in accordance with the procedures laid down for that purpose in this Agreement.
 

6.

This Agreement is in three parts:

 

—

Part I contains a definition and implementing provisions for the financial framework and applies for the duration of that financial framework.
 

—

Part II relates to improvement of interinstitutional collaboration during the budgetary procedure.
 

—

Part III contains provisions related to sound financial management of EU funds.
 

7.

The Commission will, whenever it considers it necessary and in any event at the same time as it presents a proposal for a new financial framework pursuant to Point 30, submit a report on the application of this Agreement, accompanied where necessary by a proposal for amendments.
 

8.

This Agreement enters into force on 1 January 2007 and replaces:

 

—

the Interinstitutional Agreement of 6 May 1999 between the European Parliament, the Council and the Commission on budgetary discipline and improvement of the budgetary procedure (1),
 

—

the Interinstitutional Agreement of 7 November 2002 between the European Parliament, the Council and the Commission on the financing of the European Union Solidarity Fund supplementing the Interinstitutional Agreement of 6 May 1999 on budgetary discipline and improvement of the budgetary procedure (2).

PART I — FINANCIAL FRAMEWORK

DEFINITION AND IMPLEMENTING PROVISIONS

  • A. 
    Contents and scope of the financial framework
 

9.

The financial framework is set out in Annex I. It constitutes the reference framework for interinstitutional budgetary discipline.
 

10.

The financial framework is intended to ensure that, in the medium term, European Union expenditure, broken down by broad category, develops in an orderly manner and within the limits of own resources.
 

11.

The financial framework establishes, for each of the years 2007 to 2013 and for each heading or subheading, amounts of expenditure in terms of...


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This text has been adopted from EUR-Lex.

 

5.

Sources and disclaimer

For further information you may want to consult the following sources that have been used to compile this dossier:

This dossier is compiled each night drawing from aforementioned sources through automated processes. We have invested a great deal in optimising the programming underlying these processes. However, we cannot guarantee the sources we draw our information from nor the resulting dossier are without fault.

 

6.

Full version

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7.

EU Monitor

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