# Commission Regulation (EC) No 1737/2006 of 7 November 2006 laying down detailed rules for the implementation of Regulation (EC) No 2152/2003 of the European Parliament and of the Council concerning monitoring of forests and environmental interactions in the Community, Article 14: Selection Criteria

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

1. The competent bodies shall comply with the rules laid down in Regulation (EC, Euratom) No 1605/2002 and Regulation (EC, Euratom) No 2342/2002 as well as with the provisions laid down in the present Regulation.
2. The competent bodies shall meet at least the following criteria:
(a) they shall be national public-sector bodies or private-law entities with a public-service mission, governed by the law of one of the Member States;
(b) they shall offer adequate financial guarantees, issued by a public authority, in particular as regards full recovery of amounts due to the Commission;
(c) they shall operate according to the requirements of sound financial management;
(d) they shall ensure the transparency of the operations carried out in accordance with Article 56(1) of Regulation (EC, Euratom) No 1605/2002.

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Source: https://www.legislation.gov.uk/eur/2006/1737/article/14 (the official version)
Page: https://openlegislation.uk/eu-regulation-2006-1737/article-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.