Article 124

The Office shall be managed by the President. To this end the President shall have in particular the following functions and powers: he shall take all necessary steps, including the adoption of internal administrative instructions and the publication of notices, to ensure the functioning of the Office; he may place before the Commission any proposal to amend this Regulation, the Implementing Regulation, the rules of procedure of the Boards of Appeal, the fees regulations and any other rules applying to Community trade marks after consulting the Administrative Board and, in the case of the fees regulations and the budgetary provisions of this Regulation, the Budget Committee; he shall draw up the estimates of the revenue and expenditure of the Office and shall implement the budget; he shall submit a management report to the Commission, the European Parliament and the Administrative Board each year; he shall exercise in respect of the staff the powers laid down in Article 116(2); he may delegate his powers. The President shall be assisted by one or more Vice-Presidents. If the President is absent or indisposed, the Vice-President or one of the Vice-Presidents shall take his place in accordance with the procedure laid down by the Administrative Board.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.