Interinstitutional agreement on the financing of the Convention on the Future of the European Union
Date: 2002-02-28
Institutions: Council of the European Union, European Commission, European Parliament
Subjects: European Union, European convention, financing, interinstitutional agreement

1.3.2002

EN

Official Journal of the European Communities

C 54/1

I

(Information)

COUNCIL
EUROPEAN PARLIAMENT
COMMISSION

INTERINSTITUTIONAL AGREEMENT

on the financing of the Convention on the Future of the European Union

(2002/C 54/01)

THE EUROPEAN PARLIAMENT, THE COUNCIL OF THE EUROPEAN
EUROPEAN
AND
UNION
COMMUNITIES,

COMMISSION OF

THE

THE

Whereas:

(1) The European Council, meeting at Laeken on 14 and 15
December 2001, decided to convene a Convention on the
Future of the European Union (hereinafter referred to as
the (cid:145)Convention(cid:146)).

(2) The Representatives of the Governments of the Member
States, meeting within the Council, adopted a Decision
on 21 February 2002 establishing a Fund to finance the
Convention (hereinafter referred to as (cid:145)the Fund(cid:146)) and laying
down the financial rules for its management.

(3) In accordance with the aforementioned Decision of 21
February 2002,
the
revenue and manage the expenditure of the Convention
other than that relating to the infrastructure needed for
its operation.

the Fund is to collect

the role of

(4) The amount of expenditure of the Fund is estimated at
EUR 4 000 000 (four million) for the period 28 February
to 31 December 2002.

(5) The Convention pursues an aim of general interest for the

future of the European Union.

(6) The European Parliament, the Council and the Commission
are to bear the cost of expenditure linked to the infra-
structure necessary for the operation of the Convention.

(7) In addition, the European Parliament, the Council and the
Commission intend to contribute to the financing of the
Convention,

HAVE AGREED AS FOLLOWS:

1. The purpose of

this Agreement

is to arrange for

the
contribution to be made by the European Parliament, the
Council and the Commission to the first budgetary year of
the Convention, which shall begin on the date of entry into
force of the Decision of 21 February 2002 of the represen-
tatives of the Governments of the Member States, meeting
within the Council, and end on 31 December 2002.

2. The European Parliament, the Council and the Commission
shall contribute to the financing of the Convention from the
following sections of the general budget of the European
Union:

(cid:151) Section I (cid:151) Parliament,

(cid:151) Section II (cid:151) Council, and

(cid:151) Section III (cid:151) Commission (cid:151) Part A.

3. In addition to the expenditure linked to the infrastructure
necessary for the operation of the Convention, the European
Parliament, the Council and the Commission shall, for the
the
first budgetary year, contribute to the funding of
Convention as follows:

(cid:151) European Parliament: EUR 1 000 000 (one million),

(cid:151) Council: EUR 400 000 (four hundred thousand),

(cid:151) Commission: EUR 2 600 000 (two million six hundred

thousand).

4. Any additional contribution charged to the general budget
of the European Union may be decided only by common
agreement between the three institutions Parties to this
Agreement.

5. The contributions of the European Parliament, the Council
and the Commission shall be paid into the budget of the
Fund provided for in Article 3 of
the Decisions of 21
February 2002 by transfer to the bank account provided
for in Article 4 of that Decision.

6. The three signatory institutions shall record their agreement
on the financial rules for the Fund’s management as laid
down by the Decision of 21 February 2002.

7. The representatives of

the European Parliament, of

the
Presidency of the Council and of the Commission on the
Praesidium of the Convention shall be periodically informed
of the situation with respect to implementation of expen-
diture by the Convention Secretariat. They shall report to
their respective institutions on this subject,
in particular
before a discharge is given in respect of implementation
of the budget in accordance with the procedure laid down
in Article 20 of the Decision of 21 February 2002.

8. This Agreement and the relevant provisions of the Decisions
of 21 February 2002 shall be implemented by each insti-
tution in accordance with its internal rules and procedures.

9. This Agreement shall enter into force on the day of its

signature.

their

Subject to agreement between the three institutions on the
amount of
this
Agreement shall be extended for the second financial year,
namely from 1 January 2003 until
the Convention’s
proceedings end.

respective financial contributions,

C 54/2

EN

Official Journal of the European Communities

1.3.2002

Done at Brussels, 28 February 2002.

For the European Parliament

The President

For the Council

The President

For the Commission

The President

1.3.2002

EN

Official Journal of the European Communities

C 54/3

STATEMENT ANNEXED TO THE INTERINSTITUTIONAL AGREEMENT

The European Parliament and the Council hereby state that the Commission will not have to account for
the use made of its contribution to the Fund.