Common use of Certifying Authority Clause in Contracts

Certifying Authority. The Treasury of the Republic of Latvia shall act as the Certifying Authority. The Treasury is directly subordinated to the Ministry of Finance. The Treasury is managed by the Treasurer, who acts as the Head of the Certifying Authority and reports to the Deputy State Secretary on Budget Issues of the Ministry of Finance. The functions of the Certifying Authority will be performed by the European Affairs Department and Operations Department of the Treasury which are headed by directors. Director of the European Affairs Department is subordinated and responsible for reporting to the Treasurer. Director of Operations Department is subordinated and responsible for reporting to the Deputy Treasurer who is directly subordinated to the Treasurer. The roles and responsibilities of the Certifying Authority are stipulated in the Regulation, in particular Article 5.4 thereof.

Certifying Authority. The Treasury of the Republic of Latvia shall act as the Certifying Authority. The Treasury is directly subordinated to the Ministry of FinanceFinance of the Republic of Latvia. The Treasury is managed by the Treasurer, who acts as the Head of the Certifying Authority and reports to the Deputy State Secretary on Budget Issues of the Ministry of FinanceFinance of the Republic of Latvia. The functions of the Certifying Authority will be performed by the European Affairs Department and Operations Department of the Treasury which are headed by directors. Director of the European Affairs Department is subordinated and responsible for reporting to the Treasurer. Director of Operations Department is subordinated and responsible for reporting to the Deputy Treasurer who is directly subordinated to the Treasurer. The roles and responsibilities of the Certifying Authority are stipulated in the Regulation, in particular Article 5.4 thereof.