The collection of revenue and the payment of expenditure shall be carried out by an accounting officer nominated by the Management Board.
Subject to the second subparagraph of Article 42, and to Article 43, the accounting officer alone is empowered to manage funds and assets. He shall be responsible for their safe-keeping.
He may be assisted in his duties by one or more assistant accounting officers, nominated under the same conditions as the accounting officer.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04
CitationArticle 20 of Council Regulation (EEC) No 1416/76 (LawPlayer, data as of 2026-07-04)
