Article 101 General principles

The management and control systems of cross-border programmes set up by participating countries shall provide for:

1. (a)

   the definition of the functions of the bodies concerned in management and control and the allocation of functions within each body;

2. (b)

   compliance with the principle of separation of functions between and within such bodies;

3. (c)

   procedures for ensuring the correctness and regularity of expenditure declared under the cross-border programme;

4. (d)

   reliable accounting, monitoring and financial reporting systems in computerised form;

5. (e)

   a system of reporting and monitoring where the responsible body entrusts the execution of tasks to another body;

6. (f)

   arrangements for auditing the functioning of the systems;

7. (g)

   systems and procedures to ensure an adequate audit trail;

8. (h)

   reporting and monitoring procedures for irregularities and for the recovery of amounts unduly paid.