{
  "url": "https://openlegislation.uk/eu-regulation-2015-1386/annex-III/division-5/division-3",
  "json_url": "https://openlegislation.uk/eu-regulation-2015-1386/annex-III/division-5/division-3.json",
  "legislation": "eur/2015/1386",
  "legislation_title": "Commission Implementing Regulation (EU) 2015/1386 of 12 August 2015 laying down detailed rules implementing Regulation (EU) No 223/2014 of the European Parliament and of the Council as regards the models for the management declaration, the audit strategy, the audit opinion and the annual control report",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2015-1386",
  "path": "annex/III/division/5/division/3",
  "kind": "division",
  "number": "Or",
  "heading": "(Adverse opinion)",
  "text": "In my opinion, and based on the audit work performed:\nthe accounts give/do not give [delete as appropriate] a true and fair view, as established by Article 7(5) of Delegated Regulation (EU) No 532/2014;\nthe expenditure in the accounts for which reimbursement has been requested from the Commission is/is not [delete as appropriate] legal and regular;\nthe management and control system put in place functions/does not function [delete as appropriate] properly.\nThis adverse opinion is based on the following aspects:\nin relation to material matters related to the accounts: …\nand/or [delete as appropriate]\nin relation to material matters related to the legality and regularity of the expenditure in the accounts for which reimbursement has been requested from the Commission: …\nand/or [delete as appropriate]\nin relation to material matters related to the functioning of the management and control system: …\nThe audit work carried out puts in doubt the assertions made in the management declaration for the following aspects: …\n[The audit authority may also include emphasis of matter, not affecting its opinion, as established by internationally accepted auditing standards. A disclaimer of opinion may be foreseen in exceptional cases.]\nDate\nSignature",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Same remark as in previous footnote."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "These exceptional cases should be related to unforeseeable, external factors outside the remit of the audit authority."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2015/1386/annex/III/division/5/division/3",
    "retrieved_at": "2026-11-01T14:46:31.645404+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."
}