Article 5 Financial principlesF1

The EDF resources shall be implemented in compliance with the following principles:

1. (a)

   unity and budgetary accuracy;

2. (b)

   unit of account;

3. (c)

   universality;

4. (d)

   specification;

5. (e)

   sound financial management;

6. (f)

   transparency.

The financial year shall run from 1 January to 31 December.