Reconciliation of the financial contribution paid with definitive amounts due
Article 8
1. The Commission shall establish the definitive amount of the financial contribution due in respect of a given year on the basis of the statutory audited annual financial statements. 2. If the annual amount of the financial contribution due for a given year, where appropriate reduced by the amounts provisionally retained pursuant to points (a), (b) and (c) of Article 5a(10) of Regulation (EU) No 833/2014 and, where appropriate increased by the amounts to be transferred to the Union pursuant to Article 9, is lower than the sum of the amounts of the biannual payments made in respect of this year pursuant to Article 7 of this Regulation, the difference shall be deducted from the next payment due by the central securities depositories to the Union. 3. The amount due by the central securities depositories resulting from the netting pursuant to the previous sentence shall not be lower than zero. 4. If the annual amount of the financial contribution due for a given year, where appropriate reduced by the amounts provisionally retained pursuant to points (a), (b) and (c) of Article 5a(10) of Regulation (EU) No 833/2014 and, where appropriate increased by the amounts to be transferred to the Union pursuant to Article 9, is higher than the sum of the amounts of the biannual payments made in respect of this year pursuant to Article 7 of this Regulation, the Commission shall add the amount of the difference to the next payment due by the central securities depositories to the Union or send a separate debit note in accordance with Article 98(4) of Regulation (EU, Euratom) 2018/1046 concerning this amount if no further biannual payment is due by the central securities depositories.