Decision of the Standing Committee of the EFTA States No 1/2006/SC of 27 April 2006 regarding the audit of projects under the Financial Mechanism (2004-2009)
Date: 2006-04-27
Institutions: Standing Committee of the EFTA States
Subjects: EFTA countries, EU financing, European Economic Area, audit, financing method

L 122/30

EN

Official Journal of the European Union

8.5.2008

STANDING COMMITTEE OF THE EFTA STATES

DECISION OF THE STANDING COMMITTEE OF THE EFTA STATES

No 1/2006/SC

of 27 April 2006

regarding the audit of projects under the Financial Mechanism (2004-2009)

THE STANDING COMMITTEE OF THE EFTA STATES,

Having regard to the Agreement on the European Economic Area, as adjusted by the Protocol Adjusting the
Agreement on the European Economic Area, hereinafter referred to as the EEA Agreement,

Having regard to the Agreement on the participation of the Czech Republic, the Republic of Estonia, the
Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Republic of Hungary, the Republic
of Malta, the Republic of Poland, the Republic of Slovenia and the Slovak Republic in the European
Economic Area, hereinafter referred to as the EEA Enlargement Agreement (1),

Having regard to Protocol 38a on the EEA Financial Mechanism inserted into the EEA Agreement by the
EEA Enlargement Agreement,

Having regard to the Agreement between the Kingdom of Norway and the European Community on a
Norwegian Financial Mechanism for the period 2004-2009 (2),

Having regard to Decision of the Standing Committee of the EFTA States No 1/2004/SC of 5 February
2004 Establishing an Office for the EEA Financial Mechanism and the Norwegian Financial Mechanism,

Having regard to Decision of the Standing Committee of the EFTA States No 4/2004/SC of 3 June 2004
establishing a Financial Mechanism Committee,

Having regard to the Decision of the ESA/Court Committee No 15/2005 of 22 December 2005 concerning
the mandate of the EFTA Board of Auditors (‘at three’),

HAS DECIDED AS FOLLOWS:

Article 1

The Board of Auditors shall act as supreme authority for the auditing of projects under the EEA Financial
Mechanism 2004-2009 (hereinafter referred to as ‘EEA Financial Mechanism’). This includes the audit of
projects in the Beneficiary States, the Beneficiary States’ management of the Projects and implementation of
the EEA Financial Mechanism. The Board of Auditors shall also audit the management of the EEA Financial
Mechanism by the Financial Mechanism Office.

(1) OJ L 130, 29.4.2004, p. 11 and EEA Supplement No 23, 29.4.2004, p. 1.
(2) OJ L 130, 29.4.2004, p. 81 and EEA Supplement No 23, 29.4.2004, p. 58.

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Official Journal of the European Union

L 122/31

Article 2

The Board of Auditors shall consist of nationals from the EFTA States party to the EEA Agreement and
preferably being members of the supreme audit institutions of the EFTA States. Their independence must be
beyond doubt. An official of EFTA may not be appointed auditor until an interval of three years has elapsed
since the end of his appointment with any of the EFTA institutions.

Article 3

The members of the Board of Auditors that perform audits according to Article 1 shall be the same persons
as those appointed in and for the same term as set out in the Decision of the ESA/Court Committee, No
15/2005 of 22 December 2005.

Article 4

The members of the Board of Auditors shall be completely independent in the performance of their duties.

Article 5

The members of the Board of Auditors shall closely cooperate with the person or persons entrusted with the
corresponding audits under the Norwegian Financial Mechanism for the period 2004-2009 in audits of
activities relating to both Financial Mechanisms.

Article 6

The cost of appropriate and proportional audits as referred to in Article 1 shall be financed from the
administrative budget of the EEA Financial Mechanism. Based on an according budget proposal from the
Board of Auditors and a recommendation from the Financial Mechanism Committee,
the Standing
Committee shall agree on the amount to be granted for this purpose.

Article 7

The Board of Auditors may engage external experts to assist it. The external experts must fulfil the same
requirements of independence and comply with the same duty of cooperation provided for in Article 6 as
the members of the Board of Auditors.

The Board of Auditors shall report to the Standing Committee of the EFTA States regarding the audit
referred to in Article 1. It may submit proposals for action.

Article 8

The Board of Auditors shall propose its own terms of references concerning the audit referred to in
Article 1 and submit them to the Standing Committee of the EFTA States for adoption.

Article 9

This Decision shall take immediate effect.

Article 10

Article 11

This Decision shall be published in the EEA Section of, and in the EEA Supplement to, the Official Journal of
the European Union.

Done at Brussels, 27 April 2006.

For the Standing Committee

The Chairman

Stefán Haukur JÓHANNESSON

The Secretary-General

William ROSSIER