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Article 3 Own resources ceilings

United Kingdom

Original text. Later amendments are not shown.

1.

The total amount of own resources allocated to the Union to cover annual appropriations for payments shall not exceed 1,40 % of the sum of all the Member States’ GNIs.

2.

The total annual amount of appropriations for commitments entered in the Union budget shall not exceed 1,46 % of the sum of all the Member States’ GNIs.

3.

An orderly ratio between appropriations for commitments and appropriations for payments shall be maintained to guarantee their compatibility and to enable the ceiling set in paragraph 1 to be complied with in subsequent years.

4.

Where amendments to Regulation (EU) No 549/2013 result in significant changes in the level of GNI, the Commission shall recalculate the ceilings set out in paragraphs 1 and 2 as temporarily increased in accordance with Article 6 on the basis of the following formula:

where:

  • ‘x %’ is the own resources ceiling for appropriations for payments;

  • ‘y %’ is the own resources ceiling for appropriations for commitments;

  • ‘t’ is the latest full year for which the data defined by Regulation (EU) 2019/516f1 is available,

  • ‘ESA’ is the European system of national and regional accounts in the Union.

Annotations

Footnotes

f1

Regulation (EU) 2019/516 of the European Parliament and of the Council of 19 March 2019 on the harmonisation of gross national income at market prices and repealing Council Directive 89/130/EEC, Euratom and Council Regulation (EC, Euratom) No 1287/2003 (GNI Regulation) (OJ L 91, 29.3.2019, p. 19).