# Commission Regulation (EC) No 718/2007 of 12 June 2007 implementing Council Regulation (EC) No 1085/2006 establishing an instrument for pre-accession assistance (IPA), Article 101: General principles

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

The management and control systems of cross-border programmes set up by participating countries shall provide for:
(a) the definition of the functions of the bodies concerned in management and control and the allocation of functions within each body;
(b) compliance with the principle of separation of functions between and within such bodies;
(c) procedures for ensuring the correctness and regularity of expenditure declared under the cross-border programme;
(d) reliable accounting, monitoring and financial reporting systems in computerised form;
(e) a system of reporting and monitoring where the responsible body entrusts the execution of tasks to another body;
(f) arrangements for auditing the functioning of the systems;
(g) systems and procedures to ensure an adequate audit trail;
(h) reporting and monitoring procedures for irregularities and for the recovery of amounts unduly paid.

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Source: https://www.legislation.gov.uk/eur/2007/718/article/101 (the official version)
Page: https://openlegislation.uk/eu-regulation-2007-718/article-101
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.