The accounts shall be kept by the method of double entry, on the basis of the calendar year. They shall show all revenue and expenditure for the financial year ; they shall be authenticated by supporting documents. They may be kept in the currency of the country where the Centre has its seat.
The revenue and expenditure account and the balance sheet shall be drawn up in units of account.
Any amount expressed in units of account shall be entered in the accounts in terms of the parity in force on the date of actual payment or transfer.
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 56 of Council Regulation (EEC) No 1416/76 (LawPlayer, data as of 2026-07-04)
