{
  "url": "https://openlegislation.uk/eu-regulation-2008-294/annex/section-2",
  "json_url": "https://openlegislation.uk/eu-regulation-2008-294/annex/section-2.json",
  "legislation": "eur/2008/294",
  "legislation_title": "Regulation (EC) No 294/2008 of the European Parliament and of the Council of 11 March 2008 establishing the European Institute of Innovation and Technology",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2008-294",
  "path": "annex/section/2",
  "kind": "division",
  "number": "SECTION 2",
  "heading": "RESPONSIBILITIES OF THE GOVERNING BOARD",
  "text": "The Governing Board shall take necessary strategic decisions, in particular:\n(a) adopt the EIT's draft Strategic Innovation Agenda (SIA), triennial rolling work programme, budget, annual accounts and balance sheet and annual activity report, on the basis of a proposal from the Director;\n(b) adopt criteria and procedures for financing, monitoring and evaluating the activities of the KICs, on the basis of a proposal from the Director;\n(c) adopt the selection procedure of the KICs;\n(d) select and designate a partnership as a KIC or withdraw the designation where appropriate;\n(e) ensure the continuing evaluation of the activities of the KICs;\n(f) adopt its rules of procedure, those for the Executive Committee, as well as the specific financial rules of the EIT;\n(g) define, with the Commission's agreement, appropriate fees for members of the Governing Board and of the Executive Committee; such fees shall be benchmarked against similar remuneration in the Member States;\n(h) adopt a procedure for selecting the Executive Committee and the Director;\n(i) appoint and if necessary dismiss the Director, and exercise disciplinary authority over him/her;\n(j) appoint the Accounting Officer and the members of the Executive Committee;\n(k) adopt a code of good conduct regarding conflicts of interest;\n(l) establish, where appropriate, advisory groups which may have a defined duration;\n(m) set up an Internal Auditing Function in accordance with Commission Regulation (EC, Euratom) No 2343/2002 ;\n(n) be empowered to establish a Foundation with the specific objective of promoting and supporting the activities of the EIT;\n(o) decide on the language policy of the EIT, taking into account existing principles on multilingualism and the practical requirements of its operations;\n(p) promote the EIT globally, so as to raise its attractiveness and make it a world-class body for excellence in higher education, research and innovation.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Substituted by Regulation (EU) No 1292/2013 of the European Parliament and of the Council of 11 December 2013 amending Regulation (EC) No 294/2008 establishing the European Institute of Innovation and Technology (Text with EEA relevance)."
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "Commission Regulation (EC, Euratom) No 2343/2002 of 23 December 2002 on the framework Financial Regulation for the bodies referred to in Article 185 of Council Regulation (EC, Euratom) No 1605/2002 on the Financial Regulation applicable to the general budget of the European Communities ( OJ L 357, 31.12.2002, p. 72 )."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2008/294/annex/section/2",
    "retrieved_at": "2026-11-01T14:52:20.904425+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}