# Council Regulation (EU) 2018/1877 of 26 November 2018 on the financial regulation applicable to the 11th European Development Fund, and repealing Regulation (EU) 2015/323, Article 11: Principle of transparency

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

1. Article 37(1) and Article 38 of Regulation (EU, Euratom) 2018/1046 shall apply.
2. The annual statement of the commitments, payments and the annual amount of calls for contributions under Article 7 of the Internal Agreement shall be published in the Official Journal of the European Union.
3. For the purpose of Article 38(2) of Regulation (EU, Euratom) 2018/1046, the term ‘locality’ shall mean, where necessary, the equivalent to the region on NUTS 2 level when the recipient is a natural person.

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Source: https://www.legislation.gov.uk/eur/2018/1877/article/11 (the official version)
Page: https://openlegislation.uk/eu-regulation-2018-1877/article-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.