Legal provisions of COM(2016)314 - Mobilisation of the Contingency Margin in 2017

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dossier COM(2016)314 - Mobilisation of the Contingency Margin in 2017.
document COM(2016)314 EN
date December 14, 2016

Contents

Article 1

For the general budget of the Union for the financial year 2017, the Contingency Margin shall be mobilised to provide the amount of EUR 1 176 030 960 in commitment appropriations over and above the commitment ceiling of heading 3 (Security and citizenship) and of EUR 730 120 000 in commitment appropriations over and above the commitment ceiling of heading 4 (Global Europe) of the multiannual financial framework.

Article 2

The total amount of EUR 1 906 150 960 in commitment appropriations resulting from Article 1 shall be offset against the margins under the commitment ceilings for the years 2017 to 2019 of the following headings of the multiannual financial framework:

(a)2017:

(i)heading 2 (Sustainable Growth — Natural Resources): EUR 575 000 000;

(ii)heading 5 (Administration): EUR 507 268 804;

(b)2018: heading 5 (Administration): EUR 570 000 000;

(c)2019: heading 5 (Administration): EUR 253 882 156.

Article 3

This decision shall enter into force on the day of its publication in the Official Journal of the European Union.

It shall apply from 1 January 2017.