Settlement of the. final balance (1) The minimum requirements for settlement of the final balance are the following: (a) the NAO has sent to the Commission a final payment application, if applicable, and a final statement of expenditure; (b) the NIPAC has sent to the Commission the final report on implementation in accordance with Article 59(4); (c) the audit authority has sent to the Commission, in accordance with point (iii) of Clause 5(3)(b) of Annex A to this Agreement, an opinion on the final statement of expenditure, supported where appropriate by a final audit activity report; (d) the relevant Financing Agreement is in force; (e) the Commission has completed the examination and acceptance of accounts procedure as foreseen in Article 36. (2) Where no request for final payment is made, the NAO has to provide a final financial declaration to the Commission.
Appears in 4 contracts
Samples: Framework Agreement, Framework Agreement, Framework Agreement
