Legal provisions of COM(2020)174 - Amendment of Regulation (EU, Euratom) No 1311/2013 laying down the multiannual financial framework for the years 2014-2020

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dossier COM(2020)174 - Amendment of Regulation (EU, Euratom) No 1311/2013 laying down the multiannual financial framework for the years 2014-2020.
document COM(2020)174 EN
date April 17, 2020

Contents

Article 1

Regulation (EU, Euratom) No 1311/2013 is amended as follows:

(1)in Article 3(2), the second sentence is replaced by the following:

‘The commitment appropriations may be entered in the budget over and above the ceilings of the relevant headings laid down in the MFF where it is necessary to use the resources from the Emergency Aid Reserve, the European Union Solidarity Fund, the Flexibility Instrument, the European Globalisation Adjustment Fund, the Contingency Margin, the specific flexibility to tackle youth unemployment and strengthen research and the Global Margin for Commitments, in accordance with Council Regulation (EC) No 2012/2002 (*1), Regulation (EU) No 1309/2013 of the European Parliament and of the Council (*2), and the Interinstitutional Agreement on budgetary discipline, on cooperation in budgetary matters and on sound financial management (*3).

(*1)  Council Regulation (EC) No 2012/2002 of 11 November 2002 establishing the European Union Solidarity Fund (OJ L 311, 14.11.2002, p. 3)."

(*2)  Regulation (EU) No 1309/2013 of the European Parliament and of the Council of 17 December 2013 on the European Globalisation Adjustment Fund (2014-2020) and repealing Regulation (EC) No 1927/2006 (OJ L 347, 20.12.2013, p. 855)."

(*3)  Interinstitutional Agreement of 2 December 2013 between the European Parliament, the Council and the Commission on budgetary discipline, on cooperation in budgetary matters and on sound financial management (OJ C 373, 20.12.2013, p. 1).’;"

(2)Article 14 is amended as follows:

(a)the title is replaced by the following:

‘Global Margin for Commitments’;

(b)paragraph 1 is replaced by the following:

‘1.   Margins left available below the MFF ceilings for commitment appropriations shall constitute a Global Margin for Commitments, to be made available over and above the ceilings established in the MFF for the years 2016 to 2020.’.

Article 2

This Regulation shall enter into force on the date of its publication in the Official Journal of the European Union.

It shall apply from the date of its adoption.

This Regulation shall be binding in its entirety and directly applicable in all Member States.