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Council Directive 2011/85/EU of 8 November 2011 on… CHAPTER VII — FINAL PROVISIONS

Article 15–Article 18 · 4 articles

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Article 15

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1.   Member States shall bring into force the provisions necessary to comply with this Directive by 31 December 2013. They shall forthwith communicate to the Commission the text of those provisions. The Council encourages the Member States to draw up, for themselves and in the interests of the Union, their own correlation tables which will, as far as possible, illustrate the correlation between this Directive and the transposition measures, and to make them public. 2.   When Member States adopt those provisions, they shall contain a reference to this Directive or be accompanied by such a reference on the occasion of their official publication. Member States shall determine how such reference is to be made. 3.   The Commission shall prepare an interim progress report on the implementation of the main provisions of this Directive on the basis of relevant information from Member States, which shall be submitted to the European Parliament and to the Council by 14 December 2012. 4.   Member States shall communicate to the Commission the text of the main provisions which they adopt in the field covered by this Directive.

Article 16

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1.   By 31 December 2025 and every five years thereafter, the Commission shall report on the state of play of: (a)  public accounting by the general government in the Union, taking into account the progress made since its 2013 assessment of the suitability of the International Public Sector Accounting Standards for the Member States; (b)  the capacity and tasks of independent fiscal institutions in the Union, taking into account the progress made since the entry into force of this Directive, building on the findings of the Commission’s Fiscal Governance Database and consultations with relevant stakeholders, with a view to explore minimum standards. 2.   By 31 December 2030, and every five years thereafter, the Commission shall publish a review of the effectiveness of this Directive.

Article 17

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This Directive shall enter into force on the 20th day following its publication in the Official Journal of the European Union .

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