Financial Regulation and its Implementing Rules definition

Financial Regulation and its Implementing Rules means Council Regulation (EC, Euratom) No 1605/2002 of 25 June 2002 on the Financial Regulation applicable to the General Budget of the European Communities1 (as amended by Regulation (EC, 1 OJ L 248, 16.9.2002, p. 1. Euratom) No 1995/2006 of 13 December 20062) and Commission Regulation No 2342/2002 of 23 December 2002 laying down detailed rules for the implementation of Council Regulation (EC, Euratom) No 1605/2002 on the Financial Regulation applicable to the General Budget of the European Communities3 (as amended by Regulation (EC, Euratom) No 478/2007 of 23 April 20074), and any subsequent amendment thereto in force at the time of the signature of this grant agreement.
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Financial Regulation and its Implementing Rules means Council Regulation (EC, Euratom) No 1605/2002 of 25 June 2002 on the Financial Regulation applicable to the General Budget of the European Communities1 (as amended by Regulation (EC Euratom) No 1995/2006 of 13 December 20062) and Commission Regulation No 2342/2002 of 23 December 2002 laying down detailed rules for the implementation 1 OJ L 248, 16.9.2002, p. 1 2 OJ L 390, 30.12.2006, p. 1
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Financial Regulation and its Implementing Rules means Council Regulation (EC, Euratom) No 1605/2002 of 25 June 2002 on the Financial Regulation applicable to
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Examples of Financial Regulation and its Implementing Rules in a sentence

  • The Commission shall recover from the coordinator, for each reporting period following the entry into force of the agreement, the amount of interest generated where the pre-financing exceeds the amounts fixed in the Financial Regulation and its Implementing Rules.

  • On expiry of the time-limit for approval of the reports and payments, and without prejudice to suspension by the REA of this time-limit, the REA shall pay interest on the late payment, according to the conditions foreseen in the Financial Regulation and its Implementing Rules, at the rate applied by the European Central Bank for its main refinancing operations in euros, plus three and a half points.

  • They will also seek, as far as possible, during the final stage of the negotiations on the revision of the Financial Regulation and its Implementing Rules, the right balance between the protection of financial interests, the principle of proportionality of administrative costs, and user-friendly procedures.

  • On expiry of the time-limit for approval of the reports and payments, and without prejudice to suspension by the REA of this time-limit, the REA shall pay interest on the late payment, according to the conditions foreseen in the Financial Regulation and its Implementing Rules, at the rate applied by the European Central Bank for its main refinancing operations in Euros, plus three and a half points.

  • The Commission shall recover from the coordinator, for each reporting period following the entry into force of the agreement, the amount of interest generated where the pre­financing exceeds the amounts fixed in the Financial Regulation and its Implementing Rules.

  • On expiry of the time-limit for approval of the reports and payments, and without prejudice to suspension by the Agency of this time-limit, the Agency shall pay interest on the late payment, according to the conditions foreseen in the Financial Regulation and its Implementing Rules, at the rate applied by the European Central Bank for its main refinancing operations in euros, plus three and a half points.

Related to Financial Regulation and its Implementing Rules

  • Financial Regulations means regulations made under section 21 of the Act;

  • Implementing Regulation means the Regulation (EEC) No 574/72 of the Council laying down the procedure for implementing Regulation (EEC) No 1408/71 on the application of social security schemes to employed persons, to self-employed persons and to members of their families moving within the Community, including its application to the European Economic Area, and includes amendments and adaptations from time to time applicable thereto;

  • Capital Regulations means, at any time, the laws, regulations, requirements, standards, guidelines and policies relating to capital adequacy and/or minimum requirement for own funds and eligible liabilities and/or loss absorbing capacity for credit institutions of either (i) the PRA and/or (ii) any other national or European authority, in each case then in effect in the U.K. (or in such other jurisdiction in which we may be organized or domiciled) and applicable to the Group including U.K. CRD;

  • Project Implementing Entity’s Legislation means the Charter of the Municipal Development Fund established pursuant to Decree No. 118 of the Government of Georgia dated July 23, 2005, as amended to date.

  • General Regulations means the Charitable Incorporated Organisations (General) Regulations 2012.