Article 5U.K.Financing

1.The financial reference amount intended to cover the expenditure related to the EUSR's mandate for the period from 1 March 2017 to 28 February 2018 shall be EUR 860 000.

[F1The financial reference amount intended to cover the expenditure related to the EUSR's mandate for the period from 1 March 2018 to 28 February 2019 shall be EUR 894 178 .]

2.The financial reference amount for the subsequent period for the EUSR shall be decided by the Council.

3.The expenditure shall be managed in accordance with the procedures and rules applicable to the general budget of the Union.

4.The management of the expenditure shall be subject to a contract between the EUSR and the Commission. The EUSR shall be accountable to the Commission for all expenditure.