1.By 15 February each year, the Executive Director shall draw up a draft statement of estimates of revenue and expenditure for the following financial year, and shall forward it to the Management Board and the Board of Supervisors, together with the establishment plan. Each year, the Board of Supervisors shall, on the basis of the draft statement drawn up by the Executive Director and approved by the Management Board, produce a statement of estimates of revenue and expenditure of the Authority for the following financial year. That statement of estimates, including a draft establishment plan, shall be transmitted by the Board of Supervisors to the Commission by 31 March. Prior to adoption of the statement of estimates, the draft prepared by the Executive Director shall be approved by the Management Board.
7.For the first year of operation of the Authority, ending on 31 December 2011, the financing of the Authority by the Union is subject to an agreement by the budgetary authority as provided for in Point 47 of the Interinstitutional Agreement on budgetary discipline and sound financial management.
1.Each year, the Executive Director shall draw up a provisional draft single programming document of the Authority for the three following financial years setting out the estimated revenue and expenditure, as well as information on staff, from its annual and multi-annual programming and shall forward it to the Management Board and the Board of Supervisors, together with the establishment plan.
2.The Board of Supervisors shall, on the basis of the draft which has been approved by the Management Board, adopt the draft single programming document for the three following financial years.
3.2. The statementsingle ofprogramming estimatesdocument shall be transmitted by the CommissionManagement Board to the Commission, the European Parliament and to the Council (hereinafter referredand to together as the ‘budgetary authority’), together with the draft budget of the European Union.Court of Auditors by 31 January.
4.3. OnTaking the basisaccount of the statementsingle ofprogramming estimates,document, the Commission shall enter in the draft budget of the European Union the estimates it deems necessary in respect of the establishment plan and the amount of the subsidybalancing contribution to be charged to the Generalgeneral Budgetbudget of the European Union in accordance with Articles 313 and 314 TFEU.
5.4. The budgetaryEuropean authorityParliament and the Council shall adopt the establishment plan for the Authority. The budgetaryEuropean authorityParliament and the Council shall authorise the appropriations for the subsidybalancing contribution to the Authority.
6.5. The budget of the Authority shall be adopted by the Board of Supervisors. It shall become final after the final adoption of the Generalgeneral Budgetbudget of the European Union. Where necessary, it shall be adjusted accordingly.
7.6. The Management Board shall, without undue delay, notify the budgetaryEuropean authorityParliament and the Council of its intention to implement any project which may have significant financial implications for the funding of its budget, in particular any project relating to property, such as the rental or purchase of buildings. It shall inform the Commission thereof. If either branch of the budgetary authority intends to issue an opinion, it shall, within 2 weeks of receipt of the information on the project, notify the Authority of its intention to issue such an opinion. In the absence of a reply, the Authority may proceed with the planned operation.
8.Without prejudice to Articles 266 and 267 of the Financial Regulation, authorisation from the European Parliament and the Council shall be required for any project which may have significant financial or long- term implications for the funding of the Authority’s budget, in particular any project relating to property, such as the rental or purchase of buildings, including break clauses.