Homeโ€บ Europeโ€บ European Parliamentโ€บ Decision (EU) 2019/1556 of the European Parliament of 26 Mar...
Date: 2019-09-27 Category: Not Applicable State: Union Government Country: Europe

Decision (EU) 2019/1556 of the European Parliament of 26 March 2019 on the closure of the accounts of the Shift2Rail Joint Undertaking for the financial year 2017

Issued by European Parliament ยท Not Applicable

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Executive Summary & Key Takeaways

Executive Summary: This decision by the European Parliament addresses the closure of the accounts of the Shift2Rail Joint Undertaking for the financial year 2017. It takes into consideration the final annual accounts, the Court of Auditors' report, and the Council's recommendation. The decision approves the closure of the accounts and instructs the President to forward the decision to relevant parties. Key Points / Main Content: * **Approval:** * The European Parliament approves the closure of the accounts of the Shift2Rail Joint Undertaking for the financial year 2017. * **Instructions:** * The President of the European Parliament is instructed to forward the decision to: * The Executive Director of the Shift2Rail Joint Undertaking * The Council * The Commission * The Court of Auditors * The President is also instructed to arrange for the decision's publication in the Official Journal of the European Union L series. Impact Analysis: * **Executive Director of the Shift2Rail Joint Undertaking, the Council, the Commission, and the Court of Auditors** * *Impact:* They will receive notification of the European Parliament's decision regarding the closure of the accounts. * *Action Required:* Acknowledge receipt and take note of the decision. * **President of the European Parliament:** * *Impact:* Responsible for ensuring the decision is properly communicated and published. * *Action Required:* Forward the decision to the specified parties and arrange for its publication in the Official Journal of the European Union L series.

Key Entities Referenced

European Parliament: Legislative branch of the European Union. Shift2Rail Joint Undertaking: A public-private partnership focused on railway research and innovation within the European Union. Court of Auditors: The European Court of Auditors (ECA) is one of the institutions of the European Union (EU). It is the EU's financial watchdog responsible for auditing EU finances. Treaty on the Functioning of the European Union: One of the primary treaties of the European Union, defining the scope of EU powers. Council of the European Union: A component of the EU legislative branch, comprising ministers from each member state. Regulation EU, Euratom No 966/2012: A European Union regulation concerning the financial rules applicable to the general budget of the Union. Regulation EU, Euratom 2018/1046: A European Union regulation on the financial rules applicable to the general budget of the Union. Committee on Budgetary Control: A committee of the European Parliament.
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L 249/360 EN Official Journal of the European Union 27.9.2019 DECISION (EU) 2019/1556 OF THE EUROPEAN PARLIAMENT of 26 March 2019 on the closure of the accounts of the Shift2Rail Joint Undertaking for the financial year 2017 THE EUROPEAN PARLIAMENT, โ€” having regard to the final annual accounts of the Shift2Rail Joint Undertaking for the financial year 2017, โ€” having regard to the Court of Auditors' report on the annual accounts of the Shift2Rail Joint Undertaking for the financial year 2017, together with the Joint Undertaking's reply (1), โ€” 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, โ€” having regard to the Council's recommendation of 12 February 2019 on discharge to be given to the Joint Undertaking in respect of the implementation of the budget for the financial year 2017 (05827/2019 โ€“ C8-0106/2019), โ€” having regard to Article 319 of the Treaty on the Functioning of the European Union, โ€” 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 209 thereof, โ€” 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 71 thereof, โ€” having regard to Council Regulation (EU) No 642/2014 of 16 June 2014 establishing the Shift2Rail Joint Undertaking (5), and in particular Article 12 thereof, โ€” having regard to Commission Delegated Regulation (EU) No 110/2014 of 30 September 2013 on the model financial regulation for public-private partnership bodies referred to in Article 209 of Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council (6), โ€” having regard to Rule 94 of and Annex IV to its Rules of Procedure, โ€” having regard to the report of the Committee on Budgetary Control and the opinion of the Committee on Transport and Tourism (A8-0163/2019), 1. Approves the closure of the accounts of the Shift2Rail Joint Undertaking for the financial year 2017, 2. Instructs its President to forward this decision to the Executive Director of the Shift2Rail Joint Undertaking, 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 452, 14.12.2018, p. 10. (2) OJ C 452, 14.12.2018, p. 12. (3) OJ L 298, 26.10.2012, p. 1. (4) OJ L 193, 30.7.2018, p. 1. (5) OJ L 177, 17.6.2014, p. 9. (6) OJ L 38, 7.2.2014, p. 2.

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