OpenLegislation

Article 3

United Kingdom

Original text. Later amendments are not shown.

1.

The financial reference amount for the implementation of the project referred to in Article 1(2) shall be EUR 1 353 878,52.

2.

The expenditure financed by the amount set out in paragraph 1 shall be managed in accordance with the procedures and rules applicable to the general budget of the Union.

3.

The Commission shall supervise the proper management of the expenditure referred to in paragraph 1. For this purpose, it shall conclude a financing agreement with the OSCE Secretariat. The financing agreement shall stipulate that the OSCE Secretariat has to ensure the visibility of the Union contribution, appropriate to its size.

4.

The Commission shall endeavour to conclude the financing agreement referred to in paragraph 3 as soon as possible after the entry into force of this Decision. It shall inform the Council of any difficulties in that process and of the date of conclusion of the financing agreement.

Notes on the whole EU Decision

Textual amendments

F1

Substituted by Council Decision (CFSP) 2020/904 of 29 June 2020 amending Decision (CFSP) 2017/1424 as regards the expiry date for support of OSCE activities relating to the reduction of small arms, light weapons and conventional ammunition in the Republic of North Macedonia and in Georgia.