Common use of Classification of expenditure Clause in Contracts

Classification of expenditure. 34. The institutions consider compulsory expenditure to be expenditure necessarily resulting from the Treaties or from acts adopted in accordance therewith. 35. The preliminary draft budget is to contain a proposal for the clas­ sification of each new budget item and of each budget item with an amended legal base. If they do not accept the classification proposed in the preliminary draft budget, the European Parliament and the Council will examine the classification of the budget item concerned on the basis of Xxxxx XXX. Agreement will be sought by means of the conciliation procedure provided for in Annex II, Part C.

Classification of expenditure. 34. The institutions consider compulsory expenditure to be expenditure necessarily resulting from the Treaties or from acts adopted in accordance therewith. 35. The preliminary draft budget is to contain a proposal for the clas­ sification classification of each new budget item and of each budget item with an amended legal base. If they do not accept the classification proposed in the preliminary draft budget, the European Parliament and the Council will examine the classification of the budget item concerned on the basis of Xxxxx XXX. Agreement will be sought by means of the conciliation procedure provided for in Annex II, Part C.

Classification of expenditure. 34. The institutions consider compulsory expenditure to be expenditure necessarily resulting from the Treaties or from acts adopted in accordance therewith. 35. The preliminary draft budget is to contain a proposal for the clas­ sification classification of each new budget item and of each budget item with an amended legal base. If they do not accept the classification proposed in the preliminary draft budget, the European Parliament and the Council will examine the classification of the budget item concerned on the basis of Xxxxx XXXAnnex III. Agreement will be sought by means of the conciliation procedure provided for in Annex II, Part C.