http://www.legislation.gov.uk/eur/2012/966/contentsRegulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council of 25 October 2012 on the financial rules applicable to the general budget of the Union and repealing Council Regulation (EC, Euratom) No 1605/2002 (repealed)Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council (repealed)Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council of 25 October 2012 on the financial rules applicable to the general budget of the Union and repealing Council Regulation (EC, Euratom) No 1605/2002 (repealed)2020-12-11King's Printer of Acts of Parliamenttexttext/xmlenhttp://www.nationalarchives.gov.uk/webarchive/2018-08-01 http://publications.europa.eu/resource/cellar/322fd25b-d727-11e6-ad7c-01aa75ed71a1 322fd25b-d727-11e6-ad7c-01aa75ed71a1 cellar http://publications.europa.eu/resource/eli/reg/2012/966/2017-01-01 reg:2012:966:2017-01-01 eli http://publications.europa.eu/resource/consolidation/2012R0966%2F20170101 2012R0966/20170101 consolidation http://publications.europa.eu/resource/celex/02012R0966-20170101 02012R0966-20170101 celex 2012 http://data.europa.eu/eli/reg/2012/966/2017-01-01 http://publications.europa.eu/resource/cellar/6e42ca04-1e94-11e2-91ce-01aa75ed71a1 6e42ca04-1e94-11e2-91ce-01aa75ed71a1 cellar http://publications.europa.eu/resource/oj/JOL_2012_298_R_0001_01 JOL_2012_298_R_0001_01 oj http://publications.europa.eu/resource/eli/reg/2012/966/oj reg:2012:966:oj eli http://publications.europa.eu/resource/celex/32012R0966 32012R0966 celex http://publications.europa.eu/resource/celex/032012R0966-20160101 032012R0966-20160101 celex http://publications.europa.eu/resource/authority/corporate-body/OP_DATPRO OP_DATPRO corporate-body OP_DATPRO OP_DATPRO Provisional data http://publications.europa.eu/resource/cellar/6e42ca04-1e94-11e2-91ce-01aa75ed71a1 6e42ca04-1e94-11e2-91ce-01aa75ed71a1 cellar http://publications.europa.eu/resource/oj/JOL_2012_298_R_0001_01 JOL_2012_298_R_0001_01 oj http://publications.europa.eu/resource/eli/reg/2012/966/oj reg:2012:966:oj eli http://publications.europa.eu/resource/celex/32012R0966 32012R0966 celex 2012 http://publications.europa.eu/resource/cellar/27bcecc9-564e-11e7-a5ca-01aa75ed71a1 27bcecc9-564e-11e7-a5ca-01aa75ed71a1 cellar http://publications.europa.eu/resource/oj/JOL_2017_158_R_0018 JOL_2017_158_R_0018 oj http://publications.europa.eu/resource/celex/32015R1929R%2801%29 32015R1929R(01) celex http://publications.europa.eu/resource/eli/reg/2015/1929/corrigendum/2017-06-21/oj reg:2015:1929:corrigendum:2017-06-21:oj eli 2019-04-17T18:56:40.633+02:00 2019 04 17 http://data.europa.eu/eli/reg/2012/966/2017-01-01 0966 http://publications.europa.eu/resource/authority/corporate-body/OP_DATPRO OP_DATPRO corporate-body OP_DATPRO OP_DATPRO Provisional data Data missing DATMIS cdm:CDM_3.2.3 tdm:1523 xslt:3945 saxon:9.0.0.1J JVM:1.6.0_29 metaconvJar:5.16.1 builddate:30/03/2018 01:03:07 2017-01-01 2017 01 01 0 LASTMODIN {32015R1929|http://publications.europa.eu/resource/celex/32015R1929} 966 02012R0966-20170101 R 02012R0966-20170101 celex:02012R0966-20170101 http://publications.europa.eu/resource/authority/resource-type/CONS_TEXT CONS_TEXT resource-type CONS_TEXT CONS_TEXT Consolidated text http://publications.europa.eu/resource/cellar/6e42ca04-1e94-11e2-91ce-01aa75ed71a1 6e42ca04-1e94-11e2-91ce-01aa75ed71a1 cellar http://publications.europa.eu/resource/oj/JOL_2012_298_R_0001_01 JOL_2012_298_R_0001_01 oj http://publications.europa.eu/resource/eli/reg/2012/966/oj reg:2012:966:oj eli http://publications.europa.eu/resource/celex/32012R0966 32012R0966 celex consolidation:2012R0966/20170101 celex:02012R0966-20170101 02012R0966-20170101 http://publications.europa.eu/resource/cellar/4a449254-63f6-11e4-9cbe-01aa75ed71a1 4a449254-63f6-11e4-9cbe-01aa75ed71a1 cellar http://publications.europa.eu/resource/oj/JOL_2014_317_R_0002 JOL_2014_317_R_0002 oj http://publications.europa.eu/resource/eli/reg/2014/1142/oj reg:2014:1142:oj eli http://publications.europa.eu/resource/immc/planjo%3A20141016-016 planjo:20141016-016 immc http://publications.europa.eu/resource/planjo/20141016-016 20141016-016 planjo http://publications.europa.eu/resource/celex/32014R1142 32014R1142 celex consolidation:2012R0966/20170101 http://publications.europa.eu/resource/authority/fd_030/VC VC fd_030 VC VC Consolidated text 2017-01-01 2017 01 01 2017-01-10 2017 01 10 2017-01-10T12:23:33.571+01:00 2017 01 10 2017-01-01 2017 01 01 2017-01-10 2017 01 10 2017-01-01 2017 01 01 2017-01-01 2017 01 01 http://data.europa.eu/eli/reg/2012/966/2017-01-01 R cdm:resource_legal cdm:act_consolidated cdm:work http://publications.europa.eu/resource/cellar/322fd25b-d727-11e6-ad7c-01aa75ed71a1.0021 322fd25b-d727-11e6-ad7c-01aa75ed71a1.0021 cellar http://publications.europa.eu/resource/consolidation/2012R0966%2F20170101.ENG 2012R0966/20170101.ENG consolidation http://publications.europa.eu/resource/celex/02012R0966-20170101.ENG 02012R0966-20170101.ENG celex <VALUE>Regulation (EU, Euratom ) No 966/2012 of the European Parliament and of the Council of 25 October 2012 on the financial rules applicable to the general budget of the Union and repealing Council Regulation (EC, Euratom) No 1605/2002 </VALUE> http://publications.europa.eu/resource/authority/language/ENG ENG language ENG ENG English English 2019-04-17T00:49:15.492+02:00 2019 04 17 eng Regulation (EU, Euratom ) No 966/2012 of the European Parliament and of the Council of 25 October 2012 on the financial rules applicable to the general budget of the Union and repealing Council Regulation (EC, Euratom) No 1605/2002 en 2017-01-10T12:23:33.571+01:00 2017 01 10 <VALUE>CELEX1</VALUE> PART ONE COMMON PROVISIONS TITLE I SUBJECT MATTER, SCOPE AND DEFINITIONS Article 1Subject matterArticle 2DefinitionsArticle 3Compliance of secondary legislation with this RegulationArticle 4Periods, dates and time limitsArticle 5Protection of personal dataTITLE II BUDGETARY PRINCIPLES Article 6Respect for budgetary principlesCHAPTER 1 Principles of unity and of budgetary accuracy Article 7Scope of the budgetArticle 8Specific rules on the principles of unity and budgetary accuracyCHAPTER 2 Principle of annuality Article 9DefinitionArticle 10Type of appropriationsArticle 11Accounting for revenue and appropriationsArticle 12Commitment of appropriationsArticle 13Cancellation and carry-over of appropriationsArticle 14Carry-over rules for assigned revenueArticle 15Decommitment of appropriationsArticle 16Rules applicable in the event of late adoption of the budgetCHAPTER 3 Principle of equilibrium Article 17Definition and scopeArticle 18Balance from financial yearCHAPTER 4 Principle of unit of account Article 19Use of euroCHAPTER 5 Principle of universality Article 20Definition and scopeArticle 21Assigned revenueArticle 22DonationsArticle 23Rules on deductions and exchange rate adjustmentsCHAPTER 6 Principle of specification Article 24General provisionsArticle 25Transfers by institutions other than the CommissionArticle 26Transfers by the CommissionArticle 27Transfer proposals submitted to the European Parliament and the Council by the institutionsArticle 28Specific rules on transfersArticle 29Transfers subject to special provisionsCHAPTER 7 Principle of sound financial management Article 30Principles of economy, efficiency and effectivenessArticle 31Compulsory financial statementArticle 32Internal control of budget implementationArticle 33Cost-effective control systemsCHAPTER 8 Principle of transparency Article 34Publication of accounts, budgets and reportsArticle 35Publication of information on recipients and other informationTITLE III ESTABLISHMENT AND STRUCTURE OF THE BUDGET CHAPTER 1 Establishment of the budget Article 36Estimates of revenue and expenditureArticle 37Estimated budget of the bodies referred to in Article 208Article 38Draft budgetArticle 39Letter of amendment to the draft budgetArticle 40Obligations of the Member States stemming from the adoption of the budgetArticle 41Draft amending budgetsArticle 42Early transmission of estimates and draft budgetsCHAPTER 2 Structure and presentation of the budget Article 43Structure of the budgetArticle 44Budget nomenclatureArticle 45Prohibition of negative revenueArticle 46ProvisionsArticle 47Negative reserveArticle 48Emergency Aid ReserveArticle 49Presentation of the budgetArticle 50Rules on the establishment plans for staffCHAPTER 3 Budgetary discipline Article 51Compliance with the multiannual financial frameworkArticle 52Compliance of Union acts with the budgetTITLE IV IMPLEMENTATION OF THE BUDGET CHAPTER 1 General provisions Article 53Budget implementation in accordance with the principle of sound financial managementArticle 54Basic act and exceptionsArticle 55Implementation of the budget by institutions other than the CommissionArticle 56Delegation of budget implementation powersArticle 57Conflict of interestsCHAPTER 2 Methods of implementation Article 58Methods of implementation of the budgetArticle 59Shared management with Member StatesArticle 60Indirect managementArticle 61Ex ante assessments and delegation agreementsArticle 62Executive agenciesArticle 63Limits to delegation of powersCHAPTER 3 Financial actors Section 1 Principle of segregation of duties Article 64Segregation of dutiesSection 2 Authorising officer Article 65The authorising officerArticle 66Powers and duties of the authorising officerArticle 67Powers and duties of Heads of Union DelegationsSection 3 Accounting officer Article 68Powers and duties of the accounting officerArticle 69Powers which may be delegated by the accounting officerSection 4 Imprest administrator Article 70Imprest accountsCHAPTER 4 Liability of financial actors Section 1 General rules Article 71Withdrawal of delegation and suspension of duties given to financial actorsArticle 72Liability of the authorising officer for illegal activity, fraud or corruptionSection 2 Rules applicable to authorising officers responsible Article 73Rules applicable to authorising officersSection 3 Rules applicable to accounting officers and imprest administrators Article 74Rules applicable to accounting officersArticle 75Rules applicable to imprest administratorsCHAPTER 5 Revenue operations Section 1 Making own resources available Article 76Own resourcesSection 2 Estimate of amounts receivable Article 77Estimate of amounts receivableSection 3 Establishment of amounts receivable Article 78Establishment of amounts receivableSection 4 Authorisation of recovery Article 79Authorisation of recoverySection 5 Recovery Article 80Rules on recoveryArticle 81Limitation periodArticle 82National treatment for Union entitlementsArticle 83Fines, penalties and accrued interest imposed by the CommissionCHAPTER 6 Expenditure operations Article 84Financing decisionsSection 1 Commitment of expenditure Article 85Types of commitmentsArticle 86Rules applicable to commitmentsArticle 87Checks applicable to commitmentsSection 2 Validation of expenditure Article 88Validation of expenditureSection 3 Authorisation of expenditure Article 89Authorisation of expenditureSection 4 Payment of expenditure Article 90Types of paymentsArticle 91Payment limited to funds availableSection 5 Time limits for expenditure operations Article 92Time limitsCHAPTER 7 IT systems and e-Government Article 93Electronic management of operationsArticle 94Transmission of documentsArticle 95e-GovernmentCHAPTER 8 Administrative principles Article 96Good administrationArticle 97Indication of means of redressCHAPTER 9 Internal auditor Article 98Appointment of the internal auditorArticle 99Powers and duties of the internal auditorArticle 100Independence of the internal auditorTITLE V PUBLIC PROCUREMENT AND CONCESSIONS CHAPTER 1 General provisions Section 1 Scope and award principles Article 101Definitions for the purposes of this TitleArticle 102Principles applicable to public contractsSection 2 Publication Article 103Publicity measuresSection 3 Procurement procedures Article 104Procurement proceduresArticle 104aInter-institutional procurement and joint procurementArticle 105Preparation of a procurement procedureArticle 105aProtection of the Union's financial interests by means of detection of risks and imposition of administrative sanctionsArticle 106Exclusion criteria and administrative sanctionsArticle 107Rejection from a given procurement procedureArticle 108The early detection and exclusion systemArticle 109Administrative and financial penaltiesArticle 110Award of contractsArticle 111Submission, electronic communication and evaluationArticle 112Contacts during the procurement procedureArticle 113Award decision and information to candidates or tenderersArticle 114Cancellation of the procurement procedureArticle 114aPerformance and modifications of the contractSection 4 Guarantees and corrective action Article 115GuaranteesArticle 116Substantial errors, irregularities or fraudCHAPTER 2 Provisions applicable to contracts awarded by the institutions on their own account Article 117The contracting authorityArticle 118Thresholds applicable and standstill periodArticle 119Rules on access to procurementArticle 120Procurement rules of the World Trade OrganisationTITLE VI GRANTS CHAPTER 1 Scope and form of grants Article 121Scope of grantsArticle 122BeneficiariesArticle 123Forms of grantsArticle 124Lump sums, unit costs and flat-rate financingCHAPTER 2 Principles Article 125General principles applicable to grantsArticle 126Eligible costsArticle 127Co-financing in kindArticle 128TransparencyArticle 129Principle of non-cumulative awardArticle 130Principle of non-retroactivityCHAPTER 3 Award procedure Article 131Applications for grantsArticle 132Selection and award criteriaArticle 133Evaluation procedureCHAPTER 4 Payment and control Article 134Pre-financing guaranteeArticle 135Payment of grants and controlsArticle 136Periods for record-keepingCHAPTER 5 Implementation Article 137Implementation contracts and financial support to third partiesTITLE VII PRIZES Article 138General rulesTITLE VIII FINANCIAL INSTRUMENTS Article 139ScopeArticle 140Principles and conditions applicable to financial instrumentsTITLE IX PRESENTATION OF THE ACCOUNTS AND ACCOUNTING CHAPTER 1 Presentation of the accounts Article 141Structure of the accountsArticle 142Report on budgetary and financial managementArticle 143Rules governing the accountsArticle 144Accounting principlesArticle 145Financial statementsArticle 146Budgetary implementation reportsArticle 147Provisional accountsArticle 148Approval of the final consolidated accountsCHAPTER 2 Information on the implementation of the budget Article 149Report on budgetary guarantees and risksArticle 150Information on budget implementationCHAPTER 3 Accounting Section 1 Common provisions Article 151The accounting systemArticle 152Common requirements for the institutions' accounting systemSection 2 General accounts Article 153The general accountsArticle 154Entries in the general accountsArticle 155Accounting adjustmentsSection 3 Budgetary accounts Article 156Budgetary accountingCHAPTER 4 Property inventories Article 157The inventoryTITLE X EXTERNAL AUDIT AND DISCHARGE CHAPTER 1 External audit Article 158External audit by the Court of AuditorsArticle 159Rules and procedure on the auditArticle 160Checks on securities and cashArticle 161Court of Auditors' right of accessArticle 162Annual report of the Court of AuditorsArticle 163Special reports of the Court of AuditorsCHAPTER 2 Discharge Article 164Timetable of the discharge procedureArticle 165The discharge procedureArticle 166Follow-up measuresArticle 167Specific provisions regarding the EEAS PART TWO SPECIAL PROVISIONS TITLE I EUROPEAN AGRICULTURAL GUARANTEE FUND Article 168Special provisions on the European Agricultural Guarantee FundArticle 169Commitments of EAGF appropriationsArticle 170Global provisional commitments of EAGF appropriationsArticle 171Schedule and timing of EAGF budgetary commitmentsArticle 172Accounting of EAGF expenditureArticle 173Transfer of EAGF appropriationsArticle 174Assigned EAGF revenueTITLE II STRUCTURAL FUNDS, COHESION FUND, EUROPEAN FISHERIES FUND, EUROPEAN AGRICULTURAL FUND FOR RURAL DEVELOPMENT, FUNDS IN THE AREA OF FREEDOM, SECURITY AND JUSTICE MANAGED IN SHARED MANAGEMENT AND CONNECTING EUROPE FACILITY Article 175Special provisionsArticle 176Respect of the allocations of commitment appropriationsArticle 177Payments of contributions, interim payments and repaymentsArticle 178Decommitment of appropriationsArticle 178aCarry-over of commitment appropriations for the Connecting Europe FacilityArticle 179Transfer of appropriationsArticle 180Management, selection and auditTITLE III RESEARCH Article 181Research fundsArticle 182Commitments of Research FundArticle 183Joint Research CentreTITLE IV EXTERNAL ACTIONS CHAPTER 1 General provisions Article 184External actionsCHAPTER 2 Implementation of actions Section 1 General provisions Article 185Implementation of external actionsSection 2 Budget support and multi-donor trust funds Article 186Use of budget supportArticle 187Union trust funds for external actionsSection 3 Other management modes Article 188Implementation of external actions through indirect managementArticle 189Financing agreements on the implementation of external actionsCHAPTER 3 Procurement Article 190External action procurementArticle 191Rules on access to procurementCHAPTER 4 Grants Article 192Full financing of an external actionArticle 193Applicable rules for external action grantsCHAPTER 5 Auditing of accounts Article 194Union audit in external actionTITLE V EUROPEAN OFFICES Article 195The European OfficesArticle 196Appropriations regarding the European officesArticle 197Authorising Officer of European officesArticle 198The accounts of the interinstitutional European officesArticle 199Delegation of authorising officer powers for interinstitutional European officesArticle 200Services to third partiesTITLE VI ADMINISTRATIVE APPROPRIATIONS Article 201General provisionsArticle 202CommitmentsArticle 203Specific provisions regarding administrative appropriationsTITLE VII EXPERTS Article 204Remunerated external expertsTITLE VIII CONTRIBUTIONS TO EUROPEAN POLITICAL PARTIES Article 204aGeneral provisionsArticle 204bPrinciplesArticle 204cBudgetary aspectsArticle 204dCall for contributionsArticle 204eAward procedureArticle 204fEvaluation procedureArticle 204gForm of contributionsArticle 204hRules for contributionArticle 204iPrefinancingArticle 204jGuaranteesArticle 204kUse of contributionsArticle 204lReport on the use of the contributionsArticle 204mPayment of the balanceArticle 204nControl and penaltiesArticle 204oRecord keepingArticle 204pSelection of external audit bodies or experts PART THREE FINAL AND TRANSITIONAL PROVISIONS Article 205Transitional provisionsArticle 206Information requests by the European Parliament and the CouncilArticle 207Thresholds and amountsArticle 208Framework financial regulation for bodies set up under the TFEU and the Euratom TreatyArticle 209Model Financial Regulation for public-private partnership bodiesArticle 210Exercise of the delegationArticle 211ReviewArticle 212RepealArticle 213Review concerning the EEASArticle 214Entry into force ANNEX. . . . . . . . . .... ATTACHMENTS Joint Statement on MFF-related issues Joint Statement on expenditure related to buildings with reference to Article 203 Joint Statement by the European Parliament, the Council and the Commission on Article 203(3) Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council of 25 October 2012 on the financial rules applicable to the general budget of the Union and repealing Council Regulation (EC, Euratom) No 1605/2002 (repealed)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Repealed by Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council of 18 July 2018 on the financial rules applicable to the general budget of the Union, amending Regulations (EU) No 1296/2013, (EU) No 1301/2013, (EU) No 1303/2013, (EU) No 1304/2013, (EU) No 1309/2013, (EU) No 1316/2013, (EU) No 223/2014, (EU) No 283/2014, and Decision No 541/2014/EU and repealing Regulation (EU, Euratom) No 966/2012.