Regulation (EU) No 1339/2011 of the European Parliament and of the Council
of 13 December 2011
amending Regulation (EC) No 1905/2006 establishing a financing instrument for development cooperation
THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on the Functioning of the European Union, and in particular Article 209(1) thereof,
Having regard to the proposal from the European Commission,
Whereas:
In implementing Regulation (EC) No 1905/2006, inconsistencies have emerged regarding exceptions to the principle of non-eligibility for Union financing of costs related to taxes, duties and other charges. It is therefore proposed to amend the relevant provisions of that Regulation in order to align it with the other instruments.
This Regulation does not go beyond what is necessary in order to achieve the objective pursued, in accordance with Article 5(4) of the Treaty on European Union.
Regulation (EC) No 1905/2006 should therefore be amended accordingly,
HAVE ADOPTED THIS REGULATION: