CHAPTER 5

Without prejudice to Article 23, total revenue shall cover total payment appropriations. Without prejudice to Article 25, all revenue and expenditure shall be entered in full without any adjustment against each other. External assigned revenue and internal assigned revenue shall be used to finance specific items of expenditure. The following shall constitute external assigned revenue: financial contributions from Member States and third countries, including in both cases their public agencies, entities or natural persons, to certain activities, of Union bodies insofar as this is provided for in the agreement concluded between the Union body and the Member States, third countries or the public agencies, entities or natural persons in question; revenue earmarked for a specific purpose, such as income from foundations, subsidies, gifts and bequests; financial contributions, not covered by point (a), to Union bodies’ activities from third countries or various non-Union bodies; revenue from ad-hoc grants referred to in Article 7, revenue from delegation agreements referred to in Article 8; internal assigned revenue referred to in paragraph 3, to the extent that it is ancillary to the other revenue referred to in points (a) to (c) of this paragraph; revenue from fees and charges referred to in Article 6(2). The following shall constitute internal assigned revenue: revenue from third parties in respect of goods, services or work supplied at their request, with the exception of fees and charges referred to in Article 6(1)(a); proceeds from the sale of vehicles, equipment, installations, materials, and scientific and technical apparatus which are replaced or scrapped when the book value is fully depreciated; revenue arising from the repayment, in accordance with Article 62, of amounts wrongly paid; proceeds from the supply of goods, services and works for Union institutions or other Union bodies; insurance payments received; revenue from lettings; revenue from the sale of publications and films, including those on an electronic medium; revenue arising from subsequent reimbursement of taxes pursuant to Article 25(3)(b). Without prejudice to Article 23(2)(e) the relevant constituent act may also assign the revenue for which it provides to specific items of expenditure. Unless specified otherwise in the relevant constituent act, such revenue shall constitute internal assigned revenue. All items of revenue within the meaning of points (a) to (c) of paragraph 2 and points (a) and (d) of paragraph 3 shall cover all direct or indirect expenditure incurred by the activity or purpose in question. The budget of the Union body shall include lines to accommodate external assigned revenue and internal assigned revenue and wherever possible shall indicate the amount. Assigned revenue may be included in the estimate of revenue and expenditure only for the amounts which are certain at the date of the establishment of the estimate. The Director may accept any donation made to the Union body, such as foundations, subsidies, gifts and bequests. Acceptance of donations which may involve a financial charge shall be subject to the prior authorisation of the management board or, where the constituent act allows it, of the executive board, which shall take a decision within two months of the date on which the request is submitted to it. If the management board or, where the constituent act allows it, the executive board fails to take a decision within that period, the donation shall be deemed accepted. The following deductions may be made from payment requests which shall then be passed for payment of the net amount: penalties imposed on parties to procurement contracts or beneficiaries; discounts, refunds and rebates on individual invoices and cost statements; adjustments for amounts unduly paid. The adjustments referred to in point (c) of the first subparagraph may be made, by means of direct deduction, against a new interim payment or payment of a balance to the same payee under the chapter, article and financial year in respect of which the excess payment was made. Union accounting rules shall apply to the deductions referred to in points (c) of the first subparagraph. The cost of products or services provided to the Union body incorporating taxes refunded by the Member States pursuant to the Protocol on the Privileges and Immunities of the European Union shall be charged to the budget of the Union body for the ex-tax amount provided that it applies to the Union body. The cost of products or services provided to the Union body incorporating taxes refunded by third countries on the basis of relevant agreements may be charged to the budget of the Union body for any of the following: the ex-tax amount; the tax-inclusive amount. In such case, subsequently reimbursed taxes shall be treated as internal assigned revenue. Any national taxes temporarily borne by the Union body under paragraphs 2 and 3 shall be entered in a suspense account until they are refunded by the State concerned. Any negative budget result shall be entered in the budget of the Union body as expenditure. Adjustments may be made in respect of exchange differences occurring in the implementation of the budget of the Union body. The final gain or loss shall be included in the budget result for the year.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-01 · Text as adopted (Official Journal); later amendments are not incorporated in this text.