Commission Delegated Regulation (EU) No 110/2014 of 30 September 2013 on the model financial regulation for public-private partnership bodies referred to in Article 209 of Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council
Modified by
  • Commission Delegated Regulation (EU) 2015/2461of 30 October 2015amending Delegated Regulation (EU) No 110/2014 on the model financial regulation for public-private partnership bodies referred to in Article 209 of Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council, 32015R2461, December 29, 2015
  • Commission Delegated Regulation (EU) 2019/887of 13 March 2019on the model financial regulation for public-private partnership bodies referred to in Article 71 of Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council, 32019R0887, May 29, 2019
Commission Delegated Regulation (EU) No 110/2014of 30 September 2013on the model financial regulation for public-private partnership bodies referred to in Article 209 of Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council CHAPTER 1SCOPE
Article 1Subject matterThis Regulation lays down the essential principles on the basis of which the Public-Private Partnership body (hereinafter "PPP body") shall adopt its own financial rules. The financial rules of the PPP body shall not depart from this Regulation except where its specific needs so require and with the Commission's prior consent in accordance with the fourth subparagraph of Article 209(1) of Regulation (EU, Euratom) No 966/2012.Each PPP body shall adopt detailed provisions implementing these principles in its financial rules.
Article 2DefinitionsFor the purposes of this Regulation, the following definitions shall apply:"governing board" means the main internal body of the PPP body that is responsible for taking decisions on financial and budgetary matters, irrespective of the name given to it in the constituent instrument of the PPP body,"director" means the person responsible for implementing the decisions of the governing board and the PPP body’s budget as authorising officer, irrespective of the title given to him in the constituent instrument of the PPP body,"member" means a member of the PPP body in accordance with its constituent instrument,"constituent instrument" means the instrument of Union law governing the main aspects of the creation and operation of the PPP body,"budget of the PPP body" means the instrument which, for each financial year, forecasts and authorises the revenue and expenditure considered necessary for the PPP body.
Article 3Scope of the budgetThe budget of the PPP body shall consist of:(a)the revenue of the PPP body, comprising:(i)its members’ financial contribution to the administrative costs;(ii)its members’ financial contribution to the operational costs;(iii)revenue assigned to specific items of expenditure;(iv)any revenue generated by the PPP body;(b)the expenditure of the PPP body, including administrative expenditure.
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