Article 76 — Budget

Financial crimeLevel 1RegulationAMLAIn forceVerifiedOfficial source

1.Estimates of all revenue and expenditure for the Authority shall be prepared each financial year, corresponding to the calendar year, and shall be shown in the Authority’s budget.

Copy link

76(2)

2.The Authority’s budget shall be balanced in terms of revenue and expenditure.

Copy link

76(3)

3.Without prejudice to other resources, the Authority’s revenue shall consist of a combination of the following:

Copy link

76(3)(a)

(a)a contribution from the Union entered in the general budget of the Union;

Copy link

76(3)(b)

(b)the fees paid by the selected and non-selected obliged entities in accordance with Article 77, for the tasks mentioned in Article 5(2), points (a), (b) and (c), and Article 5(3), points (a) to (d), (f) and (g);

Copy link

76(3)(c)

(c)any voluntary financial contribution from the Member States;

Copy link

76(3)(d)

(d)agreed charges for publications, and for training and any other services provided by the Authority where they have been specifically requested by one or more FIUs or their counterparts in third countries or by non-AML/CFT authorities;

Copy link

76(3)(e)

(e)possible Union funding in the form of contribution agreements or ad hoc grants in accordance with the Authority’s financial rules referred to in Article 81 and with the provisions of the relevant instruments supporting the policies of the Union.

Copy link

The amount and origin of any revenue referred to in the first subparagraph, points (b), (c), (d) and (e), of this paragraph shall be included in the annual accounts of the Authority and clearly detailed in the annual report on the Authority’s budgetary and financial management referred to in Article 80(2).

76(4)

4.The expenditure of the Authority shall include staff remuneration, administrative and infrastructure expenses and operating costs.

Copy link