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Date: 2019-09-27 Category: Not Applicable State: Union Government Country: Europe

Decision (EU) 2019/1484 of the European Parliament of 26 March 2019 on the closure of the accounts of the European Institute of Innovation and Technology for the financial year 2017

Issued by European Parliament Β· Not Applicable

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Executive Summary & Key Takeaways

Executive Summary: This document is a decision by the European Parliament to approve the closure of the accounts of the European Institute of Innovation and Technology (EIT) for the financial year 2017. It references the final annual accounts, the Court of Auditors' report, and the Council's recommendation on discharge. The decision instructs the President of the Parliament to forward it to relevant parties and publish it in the Official Journal. Key Points / Main Content: * **Approval:** * The European Parliament approves the closure of the accounts of the European Institute of Innovation and Technology for the financial year 2017. * **Instructions:** * The President of the European Parliament is instructed to forward the decision to: * The interim director of the European Institute of Innovation and Technology * The Council * The Commission * The Court of Auditors * The President is also instructed to arrange for the publication of the decision in the Official Journal of the European Union L series. Impact Analysis: * **European Institute of Innovation and Technology (EIT):** * *Impact:* The EIT's accounts for the financial year 2017 are formally closed. * *Action Required:* The interim director receives the decision. * **Council:** * *Impact:* The Council is informed of the Parliament's decision regarding the closure of the EIT's accounts. * *Action Required:* The Council receives the decision. * **Commission:** * *Impact:* The Commission is informed of the Parliament's decision regarding the closure of the EIT's accounts. * *Action Required:* The Commission receives the decision. * **Court of Auditors:** * *Impact:* The Court of Auditors is informed of the Parliament's decision regarding the closure of the EIT's accounts, following their audit report. * *Action Required:* The Court of Auditors receives the decision. * **President of the European Parliament:** * *Impact:* Required to act on the decision. * *Action Required:* Forward the decision to relevant parties and arrange for its publication.

Key Entities Referenced

European Parliament: Legislative branch of the European Union European Institute of Innovation and Technology: An EU body created to boost Europe’s ability to innovate. Court of Auditors: The European Court of Auditors is one of the institutions of the European Union, established to audit the finances of the EU. Treaty on the Functioning of the European Union: One of the primary treaties of the European Union Council: The Council of the European Union, also known as the Council of Ministers, is one of two legislative bodies of the European Union and one of its seven institutions. Commission: The European Commission is the executive branch of the European Union. Regulation EU, Euratom No 966/2012: Regulation on the financial rules applicable to the general budget of the Union Regulation EU, Euratom 2018/1046: Regulation on the financial rules applicable to the general budget of the Union, amending Regulations EU No 1296/2013, EU No 1301/2013, EU No 1303/2013, EU No 1304/2013, EU No 1309/2013, EU No 1316/2013, EU No 223/2014, EU No 283/2014, and Decision No 541/2014/EU and repealing Regulation EU, Euratom No 966/2012
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L 249/232 EN Official Journal of the European Union 27.9.2019 DECISION (EU) 2019/1484 OF THE EUROPEAN PARLIAMENT of 26 March 2019 on the closure of the accounts of the European Institute of Innovation and Technology for the financial year 2017 THE EUROPEAN PARLIAMENT, β€” having regard to the final annual accounts of the European Institute of Innovation and Technology for the financial year 2017, β€” having regard to the Court of Auditors' report on the annual accounts of the European Institute of Innovation and Technology for the financial year 2017, together with the Institute's reply (1), β€” having regard to the statement of assurance (2) as to the reliability of the accounts and the legality and regularity of the underlying transactions provided by the Court of Auditors for the financial year 2017, pursuant to Article 287 of the Treaty on the Functioning of the European Union, β€” having regard to the Council's recommendation of 12 February 2019 on discharge to be given to the Institute in respect of the implementation of the budget for the financial year 2017 (05825/2019 – C8-0097/2019), β€” having regard to Article 319 of the Treaty on the Functioning of the European Union, β€” having regard to Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council of 25 October 2012 on the financial rules applicable to the general budget of the Union and repealing Council Regulation (EC, Euratom) No 1605/2002 (3), and in particular Article 208 thereof, β€” having regard to Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council of 18 July 2018 on the financial rules applicable to the general budget of the Union, amending Regulations (EU) No 1296/2013, (EU) No 1301/2013, (EU) No 1303/2013, (EU) No 1304/2013, (EU) No 1309/2013, (EU) No 1316/2013, (EU) No 223/2014, (EU) No 283/2014, and Decision No 541/2014/EU and repealing Regulation (EU, Euratom) No 966/2012 (4), and in particular Article 70 thereof, β€” having regard to Regulation (EC) No 294/2008 of the European Parliament and of the Council of 11 March 2008 establishing the European Institute of Innovation and Technology (5), and in particular Article 21 thereof, β€” having regard to Commission Delegated Regulation (EU) No 1271/2013 of 30 September 2013 on the framework financial regulation for the bodies referred to in Article 208 of Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council (6), and in particular Article 108 thereof, β€” having regard to Rule 94 of and Annex IV to its Rules of Procedure, β€” having regard to the report of the Committee on Budgetary Control (A8-0152/2019), 1. Approves the closure of the accounts of the European Institute of Innovation and Technology for the financial year 2017; 2. Instructs its President to forward this decision to the interim director of the European Institute of Innovation and Technology, the Council, the Commission and the Court of Auditors, and to arrange for its publication in the Official Journal of the European Union (L series). The President The Secretary-General Antonio TAJANI Klaus WELLE (1) OJ C 434, 30.11.2018, p. 64. (2) OJ C 434, 30.11.2018, p. 64. (3) OJ L 298, 26.10.2012, p. 1. (4) OJ L 193, 30.7.2018, p. 1. (5) OJ L 97, 9.4.2008, p. 1. (6) OJ L 328, 7.12.2013, p. 42.

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