When adopting a financial commitment, the authorising officer responsible shall ensure that the following:
(a)
the expenditure has been charged to the correct accounting item;
(b)
the funds are available;
(c)
the expenditure is in accordance with the relevant provisions, in particular of the ACP-EC Agreement, the Overseas Association Decision, the Internal Agreement, this Regulation, and all acts adopted in implementation of those provisions;
(d)
the principle of sound financial management is complied with.
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 71 of Council Regulation (EC) No 215/2008 (LawPlayer, data as of 2026-07-04)