Common use of Audit Authority Clause in Contracts

Audit Authority. The Budget Supervision Office of The Republic of Slovenia (hereinafter BSO) shall act as the Audit Authority. The performance of the tasks of the Audit Authority has been assigned to the Sector for Auditing Other Funds under Shared Management. The BSO is an autonomous body under the umbrella of the Ministry of Finance. The BSO Director reports on the execution of the budget of the BSO directly to the Minister of Finance. The Director of the BSO shall act as the Head of the Audit Authority. The Audit Authority shall be functionally independent of the National Focal Point and the Certifying Authority. The roles and responsibilities of the Audit Authority are stipulated in the Regulation, in particular Article 5.5 thereof.

Appears in 5 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Audit Authority. The Budget Supervision Office of The Republic of Slovenia (hereinafter BSO) shall act as the Audit Authority. The performance of the tasks of the Audit Authority has been assigned to the Sector for Auditing Other Funds under Shared Management. The BSO is an autonomous body under the umbrella of the Ministry of Finance. The BSO Director reports on the execution of the budget of the BSO directly to the Minister of Finance. The Director of the BSO shall act as the Head of the Audit Authority. The Audit Authority shall be functionally independent of the National Focal Point and the Certifying Authority. The roles and responsibilities of the Audit Authority are stipulated in the Regulation, in particular Article 5.5 thereof.Article

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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Audit Authority. The Budget Supervision Office of The Republic of Slovenia (hereinafter BSO) shall act as the Audit Authority. The performance of the tasks of the Audit Authority has been assigned to the Sector Division for Auditing the Audit of Other Funds under Shared ManagementManagement Funds. The BSO is an autonomous body under the umbrella of the Ministry of Finance. The BSO Director reports on the execution of the budget of the BSO directly to the Minister of Finance. The Director of the BSO shall act as the Head of the Audit Authority. The Audit Authority shall be functionally independent of the National Focal Point and the Certifying Authority. The roles and responsibilities of the Audit Authority are stipulated in the Regulation, in particular Article 5.5 thereof.Article

Appears in 1 contract

Samples: Memorandum of Understanding

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