Legal provisions of COM(2016)607 - Amendment of Decision (EU) 2015/435 on the mobilisation of the Contingency Margin

Please note

This page contains a limited version of this dossier in the EU Monitor.

dossier COM(2016)607 - Amendment of Decision (EU) 2015/435 on the mobilisation of the Contingency Margin.
document COM(2016)607 EN
date July  4, 2017

Contents

Article 1

Decision (EU) 2015/435 is amended as follows:

(1)Article 1 is replaced by the following:

‘Article 1

For the general budget of the European Union for the financial year 2014, the Contingency Margin shall be mobilised to provide the amount of EUR 2 818 233 715 in payment appropriations over and above the payment ceiling of the multiannual financial framework.’.

(2)Article 2 is replaced by the following:

‘Article 2

The amount of EUR 2 818 233 715 shall be offset against the margin under the payment ceiling for the year 2017.’.

Article 2

This Decision shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.