The Community's system of accounting for and control of nuclear material under this Agreement shall be based on a structure of material balance areas.

This is often due to specific state audit and control systems that are sometimes considered suff icient to guarantee the quality and comprehensiveness of accounting information.

WHEREAS the Agency's international safeguards system referred to in the Treaty comprises, in particular, provisions for the submission of design information to the Agency, the maintenance of records, the submission of reports on all nuclear material subject to safeguards to the Agency, inspections carried out by the Agency's inspectors, requirements for the establishment and maintenance of a system of accounting for and control of nuclear material by a State, and measures in relation to verification of non-diversion;

An investment firm shall have sound administrative and accounting procedures, internal control mechanisms, effective procedures for risk assessment, and effective control and safeguard arrangements for information processing systems.

National regulatory authorities shall ensure that, where implementation of a cost accounting system is mandated in order to support price controls, a description of the cost accounting system is made publicly available, showing at least the main categories under which costs are grouped and the rules used for the allocation of costs.

Where a national regulatory authority imposes obligations to implement a cost accounting system in order to support price controls, it may itself undertake an annual audit to ensure compliance with that cost accounting system, provided that it has the necessary qualified staff, or it may require the audit to be carried out by another qualified body, independent of the operator concerned.

A national regulatory authority may, in accordance with the provisions of Article 8, impose obligations relating to cost recovery and price controls, including obligations for cost orientation of prices and obligations concerning cost accounting systems, for the provision of specific types of interconnection and/or access, in situations where a market analysis indicates that a lack of effective competition means that the operator concerned might sustain prices at an excessively high level, or apply a price squeeze, to the detriment of end-users.

Development and evaluation of nuclear material measurement techniques and characterisation of reference materials for accountancy and control activities and improvement of the systems of accounting for and control of nuclear materials.

National regulatory authorities shall, on request, submit information to the Commission concerning the retail controls applied and, where appropriate, the cost accounting systems used by the undertakings concerned.

National regulatory authorities shall ensure that, where an undertaking is subject to retail tariff regulation or other relevant retail controls, the necessary and appropriate cost accounting systems are implemented.

Development and evaluation of nuclear material measurement techniques and characterisation of reference materials for safeguard activities and development of the systems of accounting for and control of nuclear materials.

Development and evaluation of nuclear material measurement techniques and characterisation of reference materials for safeguards activities and development of the systems of accounting for and control of nuclear materials.

The financial controller must be consulted on the setting up of the accounting systems of the Centre.

The financial controller must be consulted on the setting up of the accounting systems of the Foundation.

The persons and undertakings referred to in Article 1 shall maintain a system of accounting for and control of nuclear materials.

An investment firm shall have sound administrative and accounting procedures, internal control mechanisms, effective procedures for risk assessment, and effective control and safeguard arrangements for information processing systems.

A systemic irregularity is a recurrent error due to serious failings in management and control systems designed to ensure correct accounting and compliance with the rules and regulations in force.

demonstration of effective internal controls including an independent audit function and an effective accounting and financial reporting system which meets internationally accepted audit standards;

Development and evaluation of nuclear material measurement techniques and characterisation of reference materials for safeguards activities and development of the systems of accounting for and control of nuclear materials;

Development and evaluation of nuclear material measurement techniques and characterization of reference materials for safeguards activities, development of systems of accounting for and control of nuclear materials, prevention of illicit trafficking of nuclear material.

This contribution shall be granted towards eligible expenditure on introducing a system of assessment, including developing analytical accounting procedures permitting calculation of the cost of various control measures carried out by the competent authorities of the Member States.

The examination shall include, in particular, the arrangements regarding the execution of payments, the safeguarding of the treasury, the security of computer systems, the maintenance of accounting records, the division of duties and the adequacy of internal and external controls, in respect of transactions financed by the Guarantee Section of the EAGGF.

The Commission wishes to note that in the European Union there is recognised expertise in fields such as nuclear engineering studies, reactor safety, safeguards, nuclear material accounting control systems, physical protection aspects and training as well as for supplies of related infrastructures, nuclear material and interim energy alternatives, and that this expertise will be available to KEDO, as appropriate, in furtherance of its purposes.

The conditions for the use of imprest accounts, a system of management which forms an exception to normal budgetary procedures, should also be laid down, and the tasks and responsibilities of the imprest administrators, as well as those of the authorising officer and accounting officer in connection with the control of imprest accounts, should be set out.

As for the different methods of implementing the budget, it should be laid down that, when the Commission does not implement the budget directly in its departments, it must first ascertain that the entities to which it plans to entrust implementing tasks have management procedures and control and accounting systems which are adequate and appropriate with regard to the requirements of sound financial management.