{
  "url": "https://openlegislation.uk/eu-decision-2015-435/introduction",
  "json_url": "https://openlegislation.uk/eu-decision-2015-435/introduction.json",
  "legislation": "eudn/2015/435",
  "legislation_title": "Decision (EU) 2015/435 of the European Parliament and of the Council of 17 December 2014 on the mobilisation of the Contingency Margin",
  "legislation_url": "https://openlegislation.uk/eu-decision-2015-435",
  "path": "introduction",
  "kind": "introduction",
  "number": null,
  "heading": "Introductory text",
  "text": "Decision (EU) 2015/435 of the European Parliament and of the Council\nof 17 December 2014\non the mobilisation of the Contingency Margin\nTHE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,\nHaving regard to the Treaty on the Functioning of the European Union,\nHaving regard to the Interinstitutional Agreement of 2 December 2013 between the European Parliament, the Council and the Commission on budgetary discipline, on cooperation in budgetary matters and on sound financial management, and in particular point 14 thereof,\nHaving regard to the proposal from the European Commission,\nWhereas,\n(1)\nArticle 13 of Council Regulation (EU, Euratom) No 1311/2013 has established a Contingency Margin of up to 0,03 % of the Gross National Income of the Union.\n(2)\nIn accordance with Article 6 of that Regulation, the Commission has calculated the absolute amount of the Contingency Margin for 2014.\n(3)\nAfter having examined all other financial possibilities to react to unforeseen circumstances that have arisen after the multiannual financial framework payment ceiling for 2014 was first established in February 2013, it appears necessary to mobilise the Contingency Margin to complement the payment appropriations in the general budget of the European Union for the financial year 2014, above the payment ceiling.\n(4)\nAn amount of EUR 350 million in payment appropriations should be included in the mobilisation of the Contingency Margin pending an agreement on payments for other special instruments.\n(5)\nHaving regard to the very particular situation which has arisen this year, the last-resort condition in Article 13(1) of Regulation (EU, Euratom) No 1311/2013 is fulfilled.\n(6)\nTo ensure compliance with Article 13(3) of Regulation (EU, Euratom) No 1311/2013, the Commission should present a proposal on the offsetting of the relevant amount in the MFF payment ceilings for one or more future financial years, having due regard to the agreement on payments for other special instruments, and without prejudice to the institutional prerogatives of the Commission,\nHAVE ADOPTED THIS DECISION:",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "OJ C 373, 20.12.2013, p. 1."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Council Regulation (EU, Euratom) No 1311/2013 of 2 December 2013 laying down the multiannual financial framework for the years 2014-2020 (OJ L 347, 20.12.2013, p. 884)."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "Communication from the Commission to the Council and the European Parliament of 20 December 2013 on the technical adjustment of the financial framework for 2014 in line with movements in GNI (COM(2013) 928)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2015/435/introduction",
    "retrieved_at": "2026-11-01T15:14:26.341539+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}