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Document 11957E209

    TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY, PART FIVE - INSTITUTIONS OF THE COMMUNITY, TITLE II - FINANCIAL PROVISIONS, ARTICLE 209

    Legal status of the document In force

    ELI: http://data.europa.eu/eli/treaty/teec/art_209/sign

    11957E209

    TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY, PART FIVE - INSTITUTIONS OF THE COMMUNITY, TITLE II - FINANCIAL PROVISIONS, ARTICLE 209


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    Article 209 (*)

    The Council , acting unanimously on a proposal from the Commission and after consulting the Assembly and obtaining the opinion of the Court of Auditors , shall :

    ( a ) make Financial Regulations specifying in particular the procedure to be adopted for establishing and implementing the budget and for presenting and auditing accounts ;

    ( b ) determine the methods and procedure whereby the budget revenue provided under the arrangements relating to the Communities' own resources shall be made available to the Commission , and determine the measures to be applied , if need be , to meet cash requirements ;

    ( c ) lay down rules concerning the responsibility of authorising officers and accounting officers and concerning appropriate arrangements for inspection .

    (*) Text as amended by Article 18 of the Treaty amending Certain Financial Provisions .

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