Common use of Control and Audit Clause in Contracts

Control and Audit. 1. The responsible EU audit bodies and, within their responsibility, the audit bodies of the Participating Countries, as well as the Audit Authority, the Managing Authority, the Joint Secretariat and the Certifying Authority of the Programme are entitled to audit the use of funds by the beneficiaries or to arrange for such an audit to be carried out by authorised persons. 2. For the purposes of control and audit of the Operation, the Beneficiaries shall be obliged to: a) allow the Programme bodies and any other relevant body to perform control activities and provide all necessary documents and information required for control and audit of the Programme, as well as provide access to their business premises; b) retain documentation and data pertaining to the implemented Operation for a two year period from 31 December following the submission of the accounts in which the final expenditure of the completed Operation is included, in particular documents pertaining to expenditures and controls required for provision of appropriate audit trail. All documents should be in original copies or copies certified by a person authorized to represent the beneficiary; c) keep all Operation records related to State Aid/De minimis for a minimum of 10 years after receiving the final payment (if applicable).

Control and Audit. 1. The responsible EU audit bodies and, within their responsibility, the audit bodies of the Participating Countries, as well as the Audit Authority, the Managing Authority, the Joint Secretariat and the Certifying Authority of the Programme are entitled to audit the use of funds by the beneficiaries or to arrange for such an audit to be carried out by authorised persons. 2. For the purposes of control and audit of the Operation, the Beneficiaries shall be obliged to: a) allow the Programme bodies and any other relevant body to perform control activities and provide all necessary documents and information required for control and audit of the Programme, as well as provide access to their business premises; b) retain documentation and data pertaining to the implemented Operation for a two year period from 31 December following the submission of the accounts in which the final expenditure of the completed Operation is included, in particular documents pertaining to expenditures and controls required for provision of appropriate audit trail. All documents should be in original copies or copies certified by a person authorized to represent the beneficiary; c) keep all Operation records related to State Aid/De minimis for a minimum of 10 years after receiving the final payment (if applicable).