TITLE IV

SPECIFIC FINANCIAL PROVISIONS
Article 176
1
Subject to the limits resulting from programmes or decisions involving expenditure which, in pursuance of this Treaty, require the unanimous approval of the Council, allocations for research and investment expenditure shall include:
a
commitment appropriations, covering a series of items which constitute a separate unit and form a coherent whole;
b
payment appropriations which represent the maximum amount payable each year in respect of the commitments entered into under subparagraph (a).
2
The schedule of due dates for commitments and payments shall be annexed to the corresponding draft budget proposed by the Commission.
3
Appropriations for research and investment shall be classified under different chapters grouping items of expenditure according to their nature or purpose and subdivided, as far as may be necessary, in accordance with the regulations made pursuant to Article 322 of the Treaty on the Functioning of the European Union.
4
Unused payment authorisations shall be carried forward to the next financial year by decision of the Commission, unless the Council decides otherwise.