Presentation of plans, applications for contributions from the Funds and annual and final implementation reports
1. Development plans, financing plans, applications for assistance and programme complements and the annual and final implementation reports referred to in Regulation (EC) No 1260/1999 shall be submitted to the Commission in euro.
2. In the annual and final implementation reports, the amounts in euro in the statements of expenditure must correspond to the amounts in euro obtained by application of Article 2.
Payments
1. Statements of expenditure in support of payment applications, certified by the paying authority in accordance with Article 32(3) of Regulation (EC) No 1260/1999 shall be submitted to the Commission in euro.
2. Member States which do not have the euro as their currency on the date of the payment application shall convert into euro the amounts of expenditure incurred in national currency, applying the rates in force on the last but one working day at the Commission in the month preceding the month during which the expenditure was recorded in the accounts of the paying authority responsible for the contribution concerned.
3. When the euro becomes the currency of a Member State, the conversion procedure set out in the preceding paragraph shall continue to apply to all expenditure recorded in the accounts by the paying authority before the date of entry into force of the fixed conversion rate between the national currency and the euro.
Repeal
Regulation (EEC) No 1866/90 is hereby repealed without prejudice to the transitional provisions laid down in Article 52 of Regulation (EC) No 1260/1999.
This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 28 March 2000.
For the Commission
Michaele Schreyer
Member of the Commission
(1) OJ L 161, 26.6.1999, p. 1.
(2) OJ L 359, 31.12.1998, p. 1.
(3) OJ L 315, 16.12.1993, p. 1.
(4) OJ L 206, 5.8.1999, p. 24.
(5) OJ L 374, 31.12.1988, p. 1.
(6) OJ L 337, 24.12.1994, p. 11.
(7) OJ L 170, 3.7.1990, p. 36.
(8) OJ L 290, 11.11.1994, p. 4.
