# Council Decision of 1 February 2003 establishing the measures necessary for the implementation of the Protocol, annexed to the Treaty establishing the European Community, on the financial consequences of the expiry of the ECSC Treaty and on the Research Fund for Coal and Steel (2003/76/EC), Division 3: ALGORITHMS USED

Extent: E+W+S+N.I.

The algorithms used to establish the size of the contingency provision and the allocations for research for year n+2, which will appear in the balance sheet for year n, are as follows:
3.1. size of contingency provision:
P n = P n − 1 + 0,5* R n − D n + 1
3.2. allocations for research for year n+2 (rounded up or down to the nearest EUR 100 000. If the calculation gives a result exactly halfway, the allocation shall be rounded up to the nearest EUR 100 000):
D n + 2 = D n + 1 + 0,5* R n − D n + 1 Where appropriate, the amount needed for rounding up (or the amount left over from rounding down) will be taken from (or returned to) the contingency provision.

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Source: https://www.legislation.gov.uk/eudn/2003/76/annex/division/3 (the official version)
Page: https://openlegislation.uk/eu-decision-2003-76/annex/division-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

