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Article 4 Financial principles

United Kingdom

Original text. Later amendments are not shown.

The 11th 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 and performance;

  6. (f)

    transparency.

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