Common use of Share of the United Kingdom Clause in Contracts

Share of the United Kingdom. The United Kingdom's share referred to in the second sentence of point (c) of Article 129(3), and in Articles 133 to 140 shall be a percentage calculated as the ratio between the own resources made available by the United Kingdom in the years 2014 to 2020 and the own resources made available by all Member States and the United Kingdom during that period, on the basis of the Union's final implemented budgets for 2019 and 2020 as confirmed by the data transmitted to Member States before 1 February 2022 in accordance with Article 10b(5) of Regulation (EU, Euratom) No 609/2014. 1. Unless otherwise provided for in this Agreement, the United Kingdom shall be liable to the Union for its share of the budgetary commitments of the Union budget and of the budgets of the Union decentralised agencies outstanding on 31 December 2020 and the commitments made in 2021 on the carryover of commitment appropriations from the budgets for 2020. The first subparagraph shall not apply to the following commitments outstanding on 31 December 2020: (a) those related to the programmes and bodies to which Article 11 of Regulation (EU, Euratom) No 609/2014 applies with regard to the United Kingdom; (b) those financed by assigned revenue in the Union budget. With regard to the Union's decentralised agencies, the amount of their commitments referred to in the first subparagraph shall only be taken into account in proportion to the share of contributions from the Union budget in their overall revenues for the period 2014-2020. 2. The Union shall calculate the amount of commitments referred to in paragraph 1. It shall communicate that amount to the United Kingdom, adding a list with the reference of each commitment, the budget lines associated, and the amount for each associated budget line. 3. The Union shall, by 31 March of each year, with regard to the commitments referred to in paragraph 1, communicate to the United Kingdom: (a) information on the amount of commitments outstanding on 31 December of the previous year and on the payments and the decommitments made in the previous year, including an update of the list referred to in paragraph 2; and (b) an estimate of the expected payments in the current year based on the level of payment appropriations in the budget and the expected contribution of the United Kingdom to those payments; (c) other information, such as a medium term payment forecast. 4. The annual amount payable shall be calculated as the United Kingdom's share of the estimate referred to in point (b) of paragraph 3 adjusted by the difference between the payments made by the United Kingdom in the previous year and the United Kingdom's share of the net payments made by the Union in the previous year on the commitments and commitments made in 2021 on commitment appropriations carried over from 2020 referred to in paragraph 1 outstanding or subject to financial corrections. The annual amount payable by the United Kingdom shall not be adjusted in the given year. In 2021, the annual amount payable by the United Kingdom shall be reduced by the share of the United Kingdom in the financing of the budget for 2020 of the amount of payment appropriations carried over from 2020 to 2021 in accordance with Article 13 of the Financial Regulation.

Appears in 2 contracts

Samples: Draft Agreement on Withdrawal, Draft Agreement on Withdrawal

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Share of the United Kingdom. The United Kingdom's share referred to in the second sentence of point (c) of Article 129(3), and in Articles 133 to 140 shall be a percentage calculated as the ratio between the own resources made available by the United Kingdom in the years 2014 to 2020 and the own resources made available by all Member States and the United Kingdom during that period, on the basis of the Union's final implemented budgets for 2019 and 2020 as confirmed by the data transmitted to Member States before 1 February 2022 in accordance with Article 10b(5) of Regulation (EU, Euratom) No 609/20142020. 1. Unless otherwise provided for in this Agreement, the United Kingdom shall be liable to the Union for its share of the budgetary commitments of the Union budget and of the budgets of the Union decentralised agencies outstanding on 31 December 2020 and the commitments made in 2021 on the carryover of commitment appropriations from the budgets for 2020. The first subparagraph shall not apply to the following commitments outstanding on 31 December 2020: (a) those related to the programmes and bodies to which Article 11 of Regulation (EU, Euratom) No °609/2014 applies with regard to the United Kingdom; (b) those financed by assigned revenue in the Union budget. With regard to the Union's decentralised agencies, the amount of their commitments referred to in the first subparagraph shall only be taken into account in proportion to the share of contributions from the Union budget in their overall revenues for the period 2014-2020. 2. The Union shall calculate the amount of commitments referred to in paragraph 1. It shall communicate that amount to the United Kingdom, adding a list with the reference of each commitment, the budget lines associated, and the amount for each associated budget line. 3. The Union shall, by 31 March of each year, with regard to the commitments referred to in paragraph 1, communicate to the United Kingdom: (a) information on the amount of commitments outstanding on 31 December of the previous year and on the payments and the decommitments made in the previous year, including an update of the list referred to in paragraph 2; and (b) an estimate of the expected payments in the current year based on the level of payment appropriations in the budget and the expected contribution of the United Kingdom to those payments; (c) other information, such as a medium term payment forecast. 4. The annual amount payable shall be calculated as the United Kingdom's share of the estimate referred to in point (b) of paragraph 3 adjusted by the difference between the payments made by the United Kingdom in the previous year and the United Kingdom's share of the net payments made by the Union in the previous year on the outstanding commitments and commitments made in 2021 on commitment appropriations carried over from 2020 referred to in paragraph 1 outstanding or subject to financial corrections1. The annual amount payable by the United Kingdom shall not be adjusted in the given year. In 2021, the annual amount payable by the United Kingdom shall be reduced by the share of the United Kingdom in the financing of the budget for 2020 of the amount of payment appropriations carried over from 2020 to 2021 in accordance with Article 13 of the Financial Regulation.

Appears in 1 contract

Samples: Draft Withdrawal Agreement

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Share of the United Kingdom. The United Kingdom's share referred to in the second sentence of point points (a) and (c) of Article 129(3), and in Articles 133 to 140 shall be a percentage calculated as the ratio between the own resources made available by the United Kingdom in the years 2014 to 2020 and the own resources made available by all Member States and the United Kingdom during that period, on the basis of the Union's final implemented budgets for 2019 and 2020 period as confirmed adjusted by the data transmitted amount communicated to the Member States before 1 February 2022 in accordance with Article 10b(5) of Regulation (EU, Euratom) No 609/2014. 1. Unless otherwise provided for in this Agreement, the United Kingdom shall be liable to the Union for its share of the budgetary commitments of the Union budget and of the budgets of the Union decentralised agencies outstanding on 31 December 2020 and the commitments made in 2021 on the carryover of commitment appropriations from the budgets for 2020. The first subparagraph shall not apply to the following commitments outstanding on 31 December 2020: (a) those related to the programmes and bodies to which Article 11 of Regulation (EU, Euratom) No 609/2014 applies with regard to the United Kingdom; (b) those financed by assigned revenue in the Union budget. With regard to the Union's decentralised agencies, the amount of their commitments referred to in the first subparagraph shall only be taken into account in proportion to the share of contributions from the Union budget in their overall revenues for the period 2014-20202014-­‐2020. 2. The Union shall calculate the amount of commitments referred to in paragraph 11 on 31 December 2020. It shall communicate that amount to the United KingdomKingdom by 31 March 2021, adding a list with the reference of each commitment, the budget lines associated, and the amount for each associated budget line. 3. The Union shall, by 31 March of each year, starting in 2022, with regard to the commitments referred to in paragraph 1, communicate to the United Kingdom: (a) information on the amount of commitments outstanding on 31 December of the previous year and on the payments and the decommitments made in the previous year, including an update of the list referred to in paragraph 2; and (b) an estimate of the expected payments in the current year based on the level of payment appropriations in the budget and the expected contribution of the United Kingdom to those payments; (c) other information, information such as a medium term payment forecast. 4. The annual amount payable shall be calculated as the United Kingdom's share of the estimate referred to in point (b) of paragraph 3 adjusted by the difference between the payments made by the United Kingdom in the previous year and the United Kingdom's share of the net payments made by the Union in the previous year on the outstanding commitments and commitments made in 2021 on commitment appropriations carried over from 2020 referred to in paragraph 1 outstanding 1, reduced by the amount of net financial corrections in relation to programmes and activities financed under the MFF 2014-­‐2020 or subject previous financial perspectives and by the proceeds of infringement procedures concerning the failure of a Member State to make available own resources related to financial correctionsyears until 2020, only if these amounts have been received by the budget in the previous year and are definitive. The annual amount payable by the United Kingdom shall not be adjusted in the given year. In 2021, the annual amount payable by the United Kingdom shall be reduced by the share of the United Kingdom in the financing of the budget for 2020 of the amount of payment appropriations carried over from 2020 to 2021 in accordance with Article 13 of the Financial RegulationRegulation and by the share of the United Kingdom in the total amount of traditional own resources made available to the Union in January and February 2021 in respect of which the Union’s entitlements were established in accordance with Article 2 of Regulation 609/2014 in November and December 2020. The Union shall also reimburse to the United Kingdom the share of the United Kingdom in the total amount of traditional own resources made available by the Member States after 31 December 2020 for goods released for free circulation in respect of ending or discharge of temporary storage or customs procedures started before this date. 5. On a request of the United Kingdom, made at the earliest after 31 December 2028, the Union shall make an estimate of the remaining amounts to be paid by the United Kingdom under this article, on the basis of a rule taking into account the amount of outstanding commitments at the end of the year and an estimate of decommitments on these outstanding commitments, of financial corrections and of proceeds of the respective infringement procedures after the end of the year. After the confirmation by the United Kingdom of the acceptance of the proposal to the Committee on the financial provisions referred to in Article 158 and the Joint Committee referred to in Article 157, on 30 June of the following year and following the procedure in Article 141, the United Kingdom shall pay this amount adjusted as described in paragraph 4 in relation to the payments made by the United Kingdom in the previous year. The payment of the amounts referred to in this subparagraph shall extinguish the remaining obligations from the United Kingdom or the Union under this Article.

Appears in 1 contract

Samples: Withdrawal Agreement

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