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Council Regulation (EU, Euratom) No 1311/2013Show full title

Council Regulation (EU, Euratom) No 1311/2013 of 2 December 2013 laying down the multiannual financial framework for the years 2014-2020

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Article 6Technical adjustments

1.Each year the Commission, acting ahead of the budgetary procedure for year n+1, shall make the following technical adjustments to the MFF:

(a)revaluation, at year n+1 prices, of the ceilings and of the overall figures for appropriations for commitments and appropriations for payments;

(b)calculation of the margin available under the own-resources ceiling set in accordance with Decision 2007/436/EC, Euratom;

(c)calculation of the absolute amount of the Contingency Margin provided for in Article 13;

(d)calculation of the global margin for payments provided for in Article 5;

(e)calculation of the global margin for commitments provided for in Article 14.

2.The Commission shall make the technical adjustments referred to in paragraph 1 on the basis of a fixed deflator of 2 % per year.

3.The Commission shall communicate the results of the technical adjustments referred to in paragraph 1 and the underlying economic forecasts to the European Parliament and the Council.

4.Without prejudice to Article 7 and 8, no further technical adjustments shall be made in respect of the year concerned, either during the year or as ex-post corrections during subsequent years.

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