Artikel 79 Ausführung des Haushaltsplans

Summary What does Article 79 of the Anti-money laundering authority regulation (AMLAR) say?

This brief article establishes the Executive Director's responsibilities in relation to the Authority's budget.

It covers two core duties: implementing the budget according to sound financial management principles, and maintaining an annual reporting obligation to the budgetary authority on evaluation findings.

Important points:

The Executive Director is responsible for implementing the Authority's budget in line with the principles of economy, efficiency, effectiveness and sound financial management.
The Executive Director is required to submit information annually to the budgetary authority on the findings of evaluation procedures.
This article sits within the broader budgetary framework of the Authority, complementing the budget preparation and adoption process set out in Article 78.

Springlex's summary of the article, a reading aid, not a substitute for the legal text.

1. Der Exekutivdirektor führt den Haushaltsplan der Behörde unter Beachtung der Grundsätze der Sparsamkeit, der Effizienz, der Wirksamkeit und der Wirtschaftlichkeit der Haushaltsführung aus.
1. Jedes Jahr übermittelt der Exekutivdirektor der Haushaltsbehörde alle Informationen, die für die Ergebnisse von Bewertungsverfahren von Belang sind.

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Springlex and this text is meant purely as a documentation tool and has no legal effect. No liability is assumed for its content. The authentic version of this act is the one published in the Official Journal of the European Union.