# Commission Delegated Regulation (EU) 2019/887 of 13 March 2019 on the model financial regulation for public-private partnership bodies referred to in Article 71 of Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council, Article 3: Scope of the budget

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

For each financial year, the budget of the PPP body shall forecast and authorize all revenue and expenditure considered necessary for the PPP body. It shall consist of:
(a) the revenue of the PPP body, comprising:
(i) its members' financial contribution to the administrative costs;
(ii) its members' financial contribution to the operational costs;
(iii) revenue assigned to specific items of expenditure;
(iv) any revenue generated by the PPP body;
(b) the expenditure of the PPP body, including administrative expenditure.

---
Source: https://www.legislation.gov.uk/eur/2019/887/article/3 (the official version)
Page: https://openlegislation.uk/eu-regulation-2019-887/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.