Article 69 Acceptance of accounts

The Commission shall examine the accounts and inform the Managing Authority by 31 May of the year following the end of the accounting year whether it accepts that the accounts are complete, accurate and true.

On the basis of eligible expenditure incurred, as certified by the audit opinion referred to in point (d) of Article 68(2), the Commission shall clear the prefinancing.

Acceptance of the accounts shall be without prejudice to any subsequent financial corrections in accordance with Article 72.