Home Europe ACP–EU Committee of Ambassadors Decision No 4/2018 of the ACP-EU Committee of Ambassadors of...
Date: 2019-01-10 Category: Not Applicable State: Union Government Country: Europe

Decision No 4/2018 of the ACP-EU Committee of Ambassadors of 17 December 2018 giving a discharge to the Director of the Centre for the Development of Enterprise (CDE) in respect of the implementation of the budgets of the Centre for the financial years 2013-2016 [2019/31]

Issued by ACP–EU Committee of Ambassadors · Not Applicable

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Executive Summary & Key Takeaways

**Policy Summary:** On December 17, 2018, the ACPEU Committee of Ambassadors issued Decision No 4/2018, formally discharging the Director of the Centre for the Development of Enterprise (CDE) from responsibility for the implementation of the Centre's budgets for the financial years 2013-2016. This decision follows Article 3 of Decision No 3/2016, which stipulated that the CDE's legal personality be maintained solely for liquidation purposes from January 1, 2017. During this "passive phase," the CDE Executive Board's role was limited to approving the closure report, adopting closure-related accounts, and submitting a discharge proposal to the ACPEU Committee of Ambassadors. The decision was made based on a proposal submitted by the President of the CDE Executive Board on November 13, 2018, which included a financial statement and an unqualified audit opinion covering the financial years 2013-2016. The revenues of the Centre for the financial years 2013-2016 consisted mainly of contributions from the European Development Fund and amounted to EUR 31,938,501.02. The Committee's decision was grounded in the auditors' reports, balance sheets, and revenue and expenditure accounts for the specified financial years, indicating satisfactory budget implementation by the Director. The Chairman N. MARSCHIK signed the decision on behalf of the ACPEU Committee of Ambassadors.

Key Entities Referenced

ACPEU Committee of Ambassadors: A committee involved in decision-making, particularly regarding the Centre for the Development of Enterprise (CDE) and its budget implementation. Centre for the Development of Enterprise: An organization (CDE) undergoing liquidation, formerly funded by the European Development Fund, with its Director receiving a discharge for budget implementation during 2013-2016. European Union: The governing body under whose jurisdiction the official journal is published. Director of the Centre for the Development of Enterprise: The individual responsible for implementing the budgets of the Centre for the Development of Enterprise (CDE) during the financial years 2013-2016, and who is granted a discharge. European Development Fund: A fund that contributed to the revenues of the Centre for the Development of Enterprise (CDE) during the financial years 2013-2016. Brussels: The city where the decision was made by the ACPEU Committee of Ambassadors. N. MARSCHIK: The Chairman of the ACPEU Committee of Ambassadors.
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10.1.2019 EN Official Journal of the European Union L 8/35 DECISION No 4/2018 OF THE ACP-EU COMMITTEE OF AMBASSADORS of 17 December 2018 giving a discharge to the Director of the Centre for the Development of Enterprise (CDE) in respect of the implementation of the budgets of the Centre for the financial years 2013-2016 [2019/31] THE ACP-EU COMMITTEE OF AMBASSADORS, Having regard to Decision No 5/2004 of the ACP-EC Committee of Ambassadors (1), in particular Article 27(5), second subparagraph thereof, Having regard to Decision No 1/2016 of the ACP-EU Committee of Ambassadors (2), in particular Article 1(2) thereof, Having regard to Decision No 3/2016 of the ACP-EU Committee of Ambassadors (3), in particular Article 3(3) thereof, Whereas: (1) Pursuant to Article 3 of Decision No 3/2016 of the ACP-EU Committee of Ambassadors, as from 1 January 2017, the legal personality of the CDE should be maintained solely for the purposes of the liquidation of the CDE. During the passive phase, the CDE Executive Board's tasks should be limited to the approval of the closure report, adoption of the accounts related to the closure phase and the transmission of a discharge proposal to the ACP-EU Committee of Ambassadors for decision. The CDE Executive Board would cease to exist on the date of the ACP-EU Committee of Ambassadors decision on the discharge proposal. (2) By its letter of 13 November 2018, the President of the Executive Board of the CDE submitted a discharge proposal to the ACP-EU Committee of Ambassadors, accompanied by a financial statement and an unqualified audit opinion covering the financial years 2013-2016. (3) The revenues of the Centre for the financial years 2013-2016 consisted mainly of contributions from the European Development Fund and amounted to EUR 31 938 501,02. (4) The Director's overall implementation of the Centre's budget during the financial years 2013-2016 was such that, on the basis of the financial statements and the statutory audit reports of the Centre for the Development of Enterprise for 2013-2016, the Director should be given a discharge in respect of the implementation of those budgets, HAS DECIDED AS FOLLOWS: Sole Article The ACP-EU Committee of Ambassadors, on the basis of the auditors' reports for the years 2013-2016, the balance sheets and the revenue and expenditure accounts for the corresponding financial years, hereby gives a discharge to the Director of the Centre for the Development of Enterprise in respect of the implementation of the budgets of the Centre for the financial years 2013-2016. Done at Brussels, 17 December 2018. For the ACP-EU Committee of Ambassadors The Chairman N. MARSCHIK (1) OJ L 70, 9.3.2006, p. 52. (2) OJ L 72, 17.3.2016, p. 59. (3) OJ L 192, 16.7.2016, p. 77.

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