# 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 7: Commitment of appropriations

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

1. The appropriations entered in the budget may be committed with effect from 1 January, once the budget of the PPP body has been definitively adopted.
2. As of 15 October of the financial year, routine administrative expenditure may be committed in advance against the appropriations provided for the following financial year, provided that such expenditure has been approved in the last budget of the PPP body duly adopted, and only up to a maximum of one quarter of the total corresponding appropriations decided upon by the governing board for the current financial year.

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Source: https://www.legislation.gov.uk/eur/2019/887/article/7 (the official version)
Page: https://openlegislation.uk/eu-regulation-2019-887/article-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.