Common use of Payment of the balance Clause in Contracts

Payment of the balance. The request for payment of the balance shall be accompanied by the final technical implementation report and financial statement, including a consolidated statement and a breakdown between each beneficiary, specified in Article II.15.4[ and by [a certificate by an approved auditor] [or, in case of public bodies, a certificate

Payment of the balance. The request for payment of the balance shall be accompanied by the final technical implementation report and financial statement, including a consolidated statement and a breakdown between each beneficiary, specified in Article II.15.4[ and by [a certificate by an approved auditor] [or, in case of public bodies, a certificatecertificate produced by a competent and independent public officer] on the action's financial statements and underlying accounts]. The Commission shall have 45 days to approve or reject the Technical implementation report or to request additional supporting

Payment of the balance. The request for payment of the balance shall be accompanied by the final technical implementation report and financial statement, including a consolidated statement and a breakdown between each beneficiarybeneficiary for expenditure and income, specified in Article II.15.4[ II.15.4 [and by an external audit report on the action’s accounts for each amount exceeding […] EUR per beneficiary]7 [save where the beneficiary concerned is a certificate by public body or an approved auditor] [or, international organisation]. The Executive Agency shall have 45 days to approve or reject the technical implementation report or to request additional supporting documents or information under the procedure laid down in case of public bodies, a certificateArticle