54 Amendments of Göran FÄRM related to 2010/0395(COD)

Proposal for a regulation
Part 1 – article 9 – paragraph 2 – point b a (new)

(ba) amounts corresponding from an own resource system;

2011/06/17
Committee: BUDG

Göran FÄRM, Jens GEIER

Proposal for a regulation
Part 1 – article 23 – paragraph 1 – point b

(b) transfer payment appropriations within each title after prior notification to Parliament and Council provided that neither of them opposes the transfer within three weeks;

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 23 – paragraph 1 – point d

(d) as regards operational expenditure, transfer appropriations between chapters within the same title, up to a maximum total of 10 % of the appropriations for the year shown on the line from which the transfer is made after notification to Parliament and Council.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 24 – paragraph 4 – point c

(c) ~~European Parliament and the Council~~both arms of the budgetary authority refrain from acting or have not taken a decision contrary to the ~~Commiss~~institutions' proposal.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 25 – paragraph 2 – subparagraph 2

The procedure provided for in Article 24(3) and (4) shall apply. If the Commission proposal is not agreed to by ~~the European Parliament and the Council~~both arms of the budgetary authority and there is a failure to arrive at a common position on the use of this reserve, ~~the European Parliament and the Council~~both arms of the budgetary authority shall refrain from acting on the Commission's proposal of transfers.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 27 – paragraph 1 a (new)

1a. During the budgetary procedure, the Commission shall, upon a request from at least one part of the budgetary authority or if there are significant changes, provide the necessary information for a comparison between changes in the appropriations required and the initial forecasts made in the financial statements. This information shall include progress made and the stage reached by the legislative authority in its consideration of proposals presented. The appropriations required shall, where appropriate, be revised in the light of the progress of deliberations on the basic act.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 28 – paragraph 2 a (new)

2a. Efficient internal control shall be based on the following elements: (a) the implementation of an appropriate risk management and control strategy coordinated among appropriate actors involved in the control chain; (b) the accessibility of control results to all appropriate actors involved in the control chain; (c) reliance where appropriate on management declarations of implementation partners and independent audit opinions, provided that the quality of the underlying work is adequate and acceptable and that it has been performed in accordance with agreed standards; (d) the timely application of corrective measure; (e) clear and unambiguous legislation underlying the policies; (f) the elimination of multiple controls; (g) the principle of improving the cost- benefit ratio of controls, taking into account the statistical error rate referred to in Article 29 of the Financial Regulation.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 29 – title

Tolerable risk of error Statistical error rate

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 29 – paragraph 1

TWhe ~~Legislative authority sh~~n presenting revised or new spending proposalls, in accordance with the procedure laid down in Article 322 of the TFEU, decide on a level of tolerable risk of error at an appropriate aggregation of the budget. That decision shall be taken into account during the annual discharge procedure, in accordance with Article 157(2)the Commission shall estimate the cost of administrative and control systems as well as the level of risk of error with the proposed legislation per funds and per Member State.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 29 – paragraph 2

~~The level of tolerable risk of error shall be based on~~If, during the programme implementation, the level of error is persistently high, the Commission shall identify the weaknesses in the control systems and analys~~is of~~e the costs and benefits of ~~controls. Member States and entities and persons referred to in point (b) Article 55(1) shall on request report to the Commission on the costs~~possible corrective measures and take appropriate action such as simplification of the applicable provisions, re-design of the programm, tightening of controls bor~~ne by them as well as the number and size of activities financed by the budget~~, if necessary, termination of the activity.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 29 – paragraph 3

~~The level of tolerable risk of error shall be closely monitored and shall be reviewed in case of major change~~Integral to the full effectiveness of national management and control systems are accredited management declarations ion the ~~control environment~~se systems submitted by member states.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 34 – paragraph 2 – subparagraph 1

~~Where relevant~~Upon request by at least one part of the budgetary authority, the Commission shall attach to the draft budget a financial programming for the following years.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 34 – paragraph 2 a (new)

2a. Upon request of at least one part of the budgetary authority, the Commission shall provide, in support of the draft budget, documents specified in the delegated acts;

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 34 – paragraph 3

3. The Commission shall also attach to the draft budget any further working paper it considers useful to support its budget requests.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 37 – paragraph 1 a (new)

1a. The Presidency of the Council shall declare the budget finally adopted in accordance with their internal procedure.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 46 – paragraph 1 – point e a (new)

(ea) all revenue and expenditure under the respective European Development Funds shall be entered under a special budget heading within the Commission section.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 55 – paragraph 1 – point b – subpoint viii

(viii) persons entrusted with the implementation of specific actions in the Common Foreign and Security Policy pursuant to Title V of the Treaty on the European Union, and identified in the relevant basic act within the meaning of Article 51 of this Regulation.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 55 a (new)

Article 55a Where provided for in the relevant basic acts, the Commission may use sectoral or general budget support within a third country if: (a) the partner country's management of public spending is sufficiently transparent, reliable and effective, and; (b) where the partner country has put in place properly formulated sectoral or macroeconomic policies approved by its principal donors, including, where relevant, the international financial institutions.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 55 b (new)

Article 55b The Commission may harmonise hedging operations in order to reduce the interest rate, cash-flow or foreign currency risks. Those operations shall rely on appropriate instruments and shall not seek speculative purposes.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 56 – paragraph 3 – subparagraph 1

In accordance with ~~the~~criteria and procedures laid down in sector-specific rules, a Member States authority shall accredit ~~one or more public sector bodies which shall be solely~~bodies responsible for the ~~proper~~ management and control of ~~the funds, for which accreditation has been granted~~Union funds. This shall be without prejudice to the possibility for these bodies to carry out tasks not related to the management of Union funds or to entrust certain of their tasks to other bodies.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 56 – paragraph 3 – subparagraph 2

The accreditation shall be given by a Member State authority in accordance with sector-specific rules ensuring that the body is capable of properly managing the funds. The sector-specific rules ~~may~~shall also define a role of the Commission in the accreditation process.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 56 – paragraph 3 – subparagraph 3

The accrediting authority shall be responsible for ~~supervising the body and for taking all necessary measures to remedy any deficiency in its op~~monitoring compliance of the accredited bodies with the accreditation criteria, on the basis of available audits and control results. The accrediting authority shall take all necessary measures to remedy any deficiency in the implementation of the tasks entrusted by the bodies it has accredited, including the suspension and withdrawal of the accreditation. The accredited bodies in the Member States shall: - conduct checks and put in place an effective and efficient internal control system, and - provide the Commission by 1 March of the following year with: (a) their annual accounts drawn up for the expenditure made in the execution of the tasks entrusted and presented to the Commission for reimbursement including the sums disbursed to the beneficiaries for which recovery procedures are under way; (b) a summary of the results of available audits and checks carried out, including an analysis of systemic or recurrent weaknesses as well as corrective actions taken or planned and their results; (c) a management declaration, signed at the ministerial level, providing reasonable assurance that: (i) the information contained in the accounts presents a true and fair view; (ii) the expenditure referred in the accounts has been used for its intended purpose and in accordance with the principle of sound financial management; (iii) the control procedures put in place give the necessary guarantees concerning the legality and regularity of the underlying transactions. These documents shall be accompanied by an opinion of an independent audit body, drawn up in accordance with the internation~~, including the suspension and withdrawal of the accreditation.~~ ally accepted audit standards, on the contents of the management declaration. The audit body shall report if the examinations puts in doubt the assertions made in the management declaration. An annex to the opinion shall present the error rate per funds and an analysis of the errors as well as reservations. - ensure in conformity with Article 31(2), annual ex post publication of recipients of Union funds; - ensure a protection of personal data which satisfies the principles laid down in Directive 95/46/EC; If a member state has accredited more than one body with responsibility for ex ante and ex post verifications per policy area, it shall by 15 March of the following financial year provide the Commission with a synthesis report consisting of an overview at national level of all management declarations of assurance and the independent audit opinions thereon, prepared for the policy area concerned. The Member States shall bring legal proceedings as necessary and appropriate. As far as member states disclose errors and / or irregularities they discover immediately to the Commission and remedy these, they may be exempt from financial corrections concerning such errors and / or irregularities.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 56 – paragraph 4 – introductory part

4. BIn accordance with their functions, bodies accredited pursuant to paragraph 3 of this Article shall:

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 56 – paragraph 4 – point b

(b) use an ~~annual~~ accounting system providing accurate, complete and reliable information in a timely manner;

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 56 – paragraph 4 – point c

~~(c) be subject to an independent external audit, performed in accordance with internationally accepted auditing standards by an audit service functionally independent of the accredited body;~~deleted

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 56 – paragraph 4 – point d

(d) ensure, ex post publication of recipients of Union funds in conformity with Article 31(2), an~~nual ex post publication of recipients of Union funds~~d protection of personal data which satisfies the principles laid down in Directive 95/46/EC;

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 56 – paragraph 4 – point f

~~(f) ensure a protection of personal data which satisfies the principles laid down in Directive 95/46/EC.~~deleted

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 56 – paragraph 5

BIn accordance with their functions, bodies accredited pursuant to paragraph 3 of this Article shall provide the Commission by 1 ~~February~~March of the following financial year with: (a) their annual accounts drawn up for the expenditure made in the execution of the tasks entrusted and including sums disbursed to the beneficiaries for which recovery procedures are underway or have been completed; (b) a summary of the results of all available audits and controls carried out, including an analysis of systematic or recurrent weaknesses as well as corrective actions taken or planned; (c) a management declaration of assurance as to the completeness, accuracy and veracity of the accounts, the proper functioning of the internal control systems as well as to the legality and regularity of the underlying transactions and the respect of the principle of sound financial management; , signed at the ministerial level, providing reasonable assurance that: (i) the information contained in the accounts presents a true and fair view; (ii) the expenditure referred in the accounts has been used for its intended purpose and in accordance with the principle of sound financial management; (iii) the control procedures put in place give the necessary guarantees concerning the legality and regularity of the underlying transactions. An annex to the declaration shall present the error rate per funds and an analysis of the errors as well as reservations. These documents shall be accompanied by an opinion of an independent audit body, drawn up in accordance with the internationally accepted audit standards, on the completeness, accuracy and veracity of the accounts, on the proper functioning of the control procedures put in place as well as on the legality and regularity of the underlying transactions. (d) the opinion of an independent audit body on the management declaration of assurance mentioned in point (c) of this paragraph, covering all its elements. If a Member State has accredited more than one body per policy area, it shall by 15 ~~February~~March of the following financial year provide the Commission with a synthesis report consisting of an overview at national level of all management declarations of assurance and the corresponding independent audit opinions ~~thereon~~, prepared for the policy area concerned.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 56 – paragraph 6 a (new)

6a. The Commission may decide to lift all or part of the interruption or suspension on payments after a Member State has presented its observations. The decision to lift the interruption or suspension shall be annexed to the annual activity report of the competent authorising officer by delegation.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 56 – paragraph 6 b (new)

6b. Member States shall provide a national declaration on the expenditure made under the system of shared management. This declaration shall be signed at the ministerial level, and be based on the information to be provided under paragraph 5(c), and shall at least cover the effective functioning of the internal control systems in place and the legality and regularity of the underlying transactions. It shall be subject to the opinion of an independent audit body and be provided to the Commission by 15 March of the year following the budgetary year concerned. The European Court of Auditors, notably through the Contact Committee of the Supreme Audit Institutions of the European Union, shall assess the prerequisite content and methodology of national declarations and shall issue guidelines for their establishment. Where a Member State has provided a national declaration in accordance with the above provisions, this shall be taken into account in the establishment of the Commission’s audit and control strategies and the establishment of risk at Member States’ level in accordance with Article 29 it shall be forwarded to the budgetary authority in mutatis mutandis application of Article 63(9).

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 91 – paragraph 1

Subject to the prior agreement of the institutions and Member States concerned, any transmission of documents between ~~institutions~~them may be done by electronic means.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 91 a (new)

Article 91a Electronic Government (e-government) 1. The Commission, in cooperation with other Institutions, executive agencies as well as entities referred to in Article 200, shall establish and apply uniform standards for electronic information supplied to third parties in the process of procurements and grants procedures. It shall, to the greatest possible extent, design and apply uniform standards for the submission, storage and processing of data submitted in grants and procurement procedures, and to this end, shall designate a single ‘electronic data interchange area’ for potential beneficiaries, beneficiaries or candidates and tenderers. The established standards shall be applied by all Institutions and the referred above agencies and bodies. 2. The Commission shall report to Parliament and Council on the progress of the implementation of this provision within two years after the entry of application of this Regulation and regularly afterwards.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 93 – paragraph 4

4. Each year the institution shall forward a report to the discharge authority containing a summary of the number and type of internal audits carried out, the recommendations made and the action taken on those recommendations and internal audit reports shall be made available to the discharge authorities on request.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 116 a (new)

Article 116a For the purposes of this Regulation, simplified procedures shall apply to low value grants, the single threshold of which shall be determined in the delegated act.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 117 – paragraph 3 a (new)

3a. Eligible costs are costs actually incurred by the beneficiary of a grant which meet all the following criteria: (a) they are incurred during the duration of the action or of the work programme, with the exception of costs relating to final reports and audit certificates; (b) they are indicated in the estimated overall budget of the action or work programme; (c) they are necessary for the implementation of the action or of the work programme which is the subject of the grant; (d) they are identifiable and verifiable, in particular being recorded in the accounting records of the beneficiary and determined according to the applicable accounting standards of the country where the beneficiary is established and according to the usual cost-accounting practices of the beneficiary; (e) they comply with the requirements of applicable tax and social legislation; (f) they are reasonable, justified, and comply with the requirements of sound financial management, in particular regarding economy and efficiency. Without prejudice to paragraph 1 and to the basic act, the value added tax ('VAT') paid by, and which cannot be refunded to, the beneficiary according to the applicable national legislation, shall be considered as an eligible cost by an authorising officer. The modalities of the reimbursement shall be laid down in the delegated act.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 117 – paragraph 4 a (new)

4a. For the purpose of this Title, profit shall be defined as follows: (a) in the case of a grant for an action, profit means a surplus of earmarked receipts over the eligible costs incurred by the beneficiary, when the request is made for final payment. Provided that the co- financing principle is respected, the beneficiary may substitute other source of funding from thirs parties to its own financial resources; Earmarked receipts may consist in income generated by the action and financial transfers from third parties assigned to the eligible costs of the action. (b) in the case of an operating grant, profit means a surplus balance on the eligible operating budget of the beneficiary.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 122 – paragraph 1 a (new)

1a. Reasonable time limits for processing applications shall be laid down in the sectorial regulations or in the delegated act and shall not be contradictory.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 125– paragraph 1 a (new)

Guarantees shall not be required in the case of low value grants or in other circumstances laid down in the delegated act.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 126 – paragraph 1

1. The amount of the grant shall not become final until after the competent authorising officer ~~responsible~~by delegation has accepted the final reports and accounts, without prejudice to subsequent checks by the institution, to be carried out in a timely manner and agreed upon in good faith by the institution and the beneficiary in advance.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 126 a (new)

Article 126a Beneficiaries shall keep records, supporting documents, statistical records and other records pertinent to a grant for the periods laid down in the delegated act.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 130 – paragraph 1

1. For the purpose of this Regulation, ‘'financial instruments’' shall mean Union measures of financial support provided from the budget in order to address aone or more specific policy objectives by way of loans, including loans with interest rate rebates, guarantees, equity or quasi-equity investments or participations, or other risk- bearing instruments, possibly combined with grants. The risk exposure resulting from the implementation of financial instruments shall in all cases be pre-defined. The following definitions shall apply: (a) 'loan' means an agreement which obliges the lender to make available to the borrower a sum of money in the agreed amount. The borrower is obliged to repay the loan made available to him at the due date. Usually the borrower is obliged to pay interest owed; (b) 'interest rate rebates' means a subsidy on the interests of loans; (c) 'guarantee' means a written commitment to be responsible for the debt of a third party in an event of default; (d) ‘equity investment’ means the provision of capital to a firm by an investor in return for partial ownership of that firm where, in addition, this investor may assume some management control of the firm and may share in future profits; (e) ‘quasi-equity investment’ means a type of financing that involves a mix of equity and debt, where the equity allows investors to achieve a high rate of return upon the success of the company or where the debt component entails a premium price contributing to the return of the investor (e.g. mezzanine debt or subordinated debt); (f) ‘risk-sharing instrument’ means a financial instrument which guarantees the total or partial coverage of a defined risk, if possible in exchange for an agreed remuneration.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 131 – paragraph 1

1. Financial instruments shall be provided to final recipients of Union funds in accordance with the principles of sound financial management, transparency, proportionality, non-discrimination and equal treatment and in accordance with the objectives established in the basic act that applies to those financial instruments.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 131 – paragraph 1 a (new)

1a. Financial instruments shall comply with the following conditions: (a) added value of the Union intervention, which means that financial instruments shall facilitate the achievement of the EU goals on a larger scale and more efficiently than using comparable national instruments; (b) they shall be implemented in order to address sub-optimal investment situations, including high innovation risk or market failures that give rise to insufficient funding from market sources; (c) additionality, which means that financial instruments of the EU shall complement and not aim at replacing those of a Member State, private funding or another financial EU intervention where ever such alternative instruments exist; d) financial instruments shall be implemented in a way which does not distort competition in the internal market; (e) they shall have a multiplier effect, which means that the Union contribution to a financial instrument shall mobilize a global investment exceeding the size of the Union contribution; f) good governance, meaning that in the implementation of the financial instruments the Commission shall endeavour to assure that the entrusted entities shall align with the EU's interests, using appropriate incentives and enhanced controls.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 131 – paragraph 1 b (new)

1b. Revenues and repayments under a financial instrument shall constitute internal assigned revenue according to Article 18(3) and shall be carried over automatically with a view to being re- invested.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 131 – paragraph 2

2. Without prejudice to points (d) and (e) of aArticle 46(1), the budgetary expenditure linked to a financial instrument ~~shall be kept within the relevant budgetary commitment made for i~~and the financial responsibility of the Union shall not exceed the amount of within the relevant budgetary commitment made for it, thus excluding contingent liabilities for the Union budget.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 131 – paragraph 3

3. FThe entities referred to in point (iii) and (iv) of Article 55(1)(b) and all financial intermediaries involved in the execution of financial operations under a financial instrument shall comply with relevant standards on the prevention of money laundering and fight against terrorism. They shall not be established and/or shall not interact with entities incorporated in territories whose jurisdictions do not co- operate with the Union in relation to the application of internationally agreed tax standards.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 131 – paragraph 4

4. Each agreement between an entity referred to in point (iii) and (iv) of Article 55(1)(b) and a financial intermediary referred to in paragraph 3 shall provide expressly ~~for~~access of the Commission and the Court of Auditors to ~~exercise their powers of control, on documents and on the premises and on information~~documents, premises and to any requested information, related to the implementation of the financial instruments, even stored on electronic media, ~~over~~that should be provided by all third parties who have received Union funds.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 131 a (new)

Article 131a Hedging operations, related to financial instruments shall be allowed to the entities entrusted for indirect management, in order to reduce the interest rate, exchange rate or cash flow risks. Those operations shall rely on appropriate instruments, providing efficiency and shall not seek speculative purposes.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 131 b (new)

Article 131b The Commission shall report annually to the budgetary authority on the activities supported by financial instruments, on the financial institutions involved in their implementation, on the performance of financial instruments, including reinvestments realised, balance on the trust accounts, revenues and repayments, multiplier effect achieved, and value of participations. The Commission shall attach its report to the synthesis report referred to in Article 63(9).

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 135 a (new)

Article 135a Where, in a specific case, the accounting officers consider that an exception should be made to the content of one of the accounting principles, defined in Articles 187 to 194, that exception shall be duly substantiated and reported in the annex to the financial statements referred to in Article 136.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 1 – article 150 – paragraph 2 – subparagraph 1

In the performance of its task, the Court of Auditors shall be entitled to consult, in the manner provided for in Article 152, all documents and information relating to the financial management of departments or bodies with regard to operations financed or co-financed by the Union. It shall have the power to make enquiries of any official responsible for a revenue or expenditure operation and to use any of the auditing procedures appropriate to the aforementioned departments or bodies. The audit in the Member States shall be carried out in ~~conjuncti~~liaison with the national audit ~~institution~~bodies or, where they do not have the necessary powers, with the competent national departments ~~responsible~~. The Court of Auditors and the national audit bodies of the Member States shall cooperate in a spirit of trust while maintaining their independence.

2011/06/17
Committee: BUDG

Proposal for a regulation
Part 2 – article 167 – paragraph 1

1. Parts One and Three of this Regulation shall apply to expenditure effected by the authorities and bodies referred to in the Regulation (EC) No 1290/2005 on European Agricultural Fund for Rural Development, Regulation (EC) No 1080/2006 of the European Parliament and of the Council23 on the European Regional Development Fund, Regulation (EC) No 1081/2006 of the European Parliament and of the Council24 on the European Social Fund, Council Regulation (EC) No 1084/200625 on the Cohesion Fund, Council Regulation (EC) No 1198/200626 on the European Fisheries Fund, and funds in the area of Freedom, Security and Justice, including the Funds under the "Solidarity and Management of Migration Flows" Programme, managed in shared management pursuant to Article 56 of this Regulation, (hereinafter the ‘Funds’), and to their revenue, save as otherwise provided in this Title.

2011/06/17
Committee: BUDG