PURPOSE: to amend Regulation (EU, Euratom) No 1311/2013 laying down the multiannual financial framework for the years 2014-2020.
PROPOSED ACT: Council Regulation.
ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act.
CONTENT: Article 19 of Council Regulation (EU, Euratom) No 1311/2013 provides that in the event of the adoption after 1 January 2014 of new rules or programmes under shared management for the Structural Funds, the Cohesion Fund, the European Agricultural Fund for Rural Development, the European Maritime and Fisheries Fund, the Asylum, Migration and Integration Fund and the Internal Security Fund, the multiannual financial framework is to be revised in order to transfer to subsequent years, in excess of the corresponding expenditure ceilings, allocations not used in 2014.
The revision concerning the transfer of unused allocations for the year 2014 shall be adopted before 1 May 2015.
Amounts concerned: as a result of such late adoption:
- EUR 11 216 187 326 in current prices of the allocation provided for the Structural Funds and the Cohesion Fund,
- EUR 9 446 050 652 in current prices of the allocation provided for the European Agricultural Fund for Rural Development and the European Maritime and Fisheries Fund,
- EUR 442 319 096 of the allocation provided for the Asylum, Migration and Integration Fund and the Internal Security Fund could not be committed in 2014 nor carried over to 2015.
This proposal seeks to revise the annex to Regulation (EU, Euratom) No 1311/2013 be revised by transferring the commitment appropriations not used in 2014 to subsequent years for sub-heading 1b, heading 2 and heading 3.
An annex sets outs details of the amounts transferred by the Funds concerned and by year of transfer.