Allocation of the Final Balance of Settlement

The final balance of the Programme shall be paid:

Consolidated balance of public financing

In case of termination of this Agreement, the final balance of the mutual co-operation as of the termination date shall be an integral part of the Termination Protocol.

(b) any final balance in the sub-account shall be disposed of by UNIDO in consultation with the Donor, and UNIDO's responsibilities pursuant hereto shall be considered terminated.

desiring to provide for the final settlement of the portion of liabilities of the former USSR to the Republic of Slovenia in the final balance of settlement related to commodity exchange between the former SFRY and the former USSR according to Article 5 of the Memorandum,

The final balance of settlement between the former USSR and the former SFRY is established in the amount of clearing U.S. dollars 1,291,951,838.77 in favor of the successor States of the former SFRY.

Vnesheconombank shall open a single account in the name of the National Bank of the SFRY to which the amount of the final balance of settlement referred to in Article 4 of the present Memorandum shall be transferred.

Bodies in charge of implementation of the budgets of former municipalities shall implement the 1994 budget, prepare the final balance of the budget of the former municipality for 1994 and present it to municipal councils by 28 February 1995.

The surplus advances of funds for financial balance in the previous year shall be recouped by funds for financial balance in the current year.

The final balance of settlement specified in Article 4 of this Memorandum shall be allocated among the successor States to the former SFRY, as provided in point 2 of Article 5 of Annex C to the Agreement on Succession Issues among the successor States to the former SFRY dated 29 June, 2001, as follows:

The subject of the present Agreement is the settlement of the portion of liabilities of the former USSR in clearing U.S. dollars to the Republic of Slovenia in the final balance of settlement related to commodity exchange between the former USSR and the former SFRY (hereinafter ` liabilities of the former USSR` ).

stable prices, sound public finances and monetary conditions and a stable balance of payments.

The budget of a municipality consists of the balance of income and expenditure and the finance account.

Closing balances under the previous paragraph shall be sent to the Court of Auditors and the Ministry of Finance.

Advances are to be recouped by funds for financial balance, defined by the Ministry of Finance for each municipality.

insofar as is required, the last internal management balance sheet and audited accounts for the previous financial year;

Rational use of public finance and optimum balance of public finance are not only conditions for joining the EU but also represent basic conditions for stable development.

This balance is considered final, shall not be subject to revision and shall be settled in accordance with the provisions of the present Memorandum.

For the purposes of determining whether activities in different financial sectors are significant within the meaning of Article 2(14)(e), for each financial sector the average of the ratio of the balance sheet total of that financial sector to the balance sheet total of the financial sector entities in the group and the ratio of the solvency requirements of the same financial sector to the total solvency requirements of the financial sector entities in the group should exceed 10 %.

For the purposes of determining whether the activities of a group mainly occur in the financial sector, within the meaning of Article 2(14)(c), the ratio of the balance sheet total of the regulated and non-regulated financial sector entities in the group to the balance sheet total of the group as a whole should exceed 40 %.

The financial records of SELEC, including the accounts established pursuant to the budget showing income and expenditures, and the balance sheet showing SELEC's assets and liabilities, shall be subject to an external financial audit.

projected balance sheet, with a profit and loss account, for the current financial year including all proposed changes in the structure or activities explicitly in relation to finance;

(a) the relative size of its smallest financial sector does not exceed 5 %, measured either in terms of the average referred to in paragraph 2 or in terms of the balance sheet total or the solvency requirements of such financial sector;

The municipality which cannot ensure financing of guaranteed expenditure by using the income under Article 21 of this Law will be allotted funds for balancing finances from the state budget.

The total aggregated balance sheet of the monetary financial institutions shall be calculated in accordance with the statistical framework applying in the Union at the time of the calculation;

If, in such a case, a loss in the value of the balance of funds is recorded, UNV shall inform the Donor with a view to determining whether any further financing could be provided by the Donor.

Municipalities shall regularly report information on income and expenditure in accounts, important for the determining of the volume of funds for financial balance, to the Ministry of Finance.

The Government of the Republic of Slovenia and the Government of the Russian Federation, collectively referred to as » the Parties «, with a view of implementing the Memorandum between the Government of the Russian Federation and the Government of Bosnia and Herzegovina, the Government of the Republic of Macedonia, the Government of Serbia and Montenegro, the Government of the Republic of Slovenia, and the Government of the Republic of Croatia on the Settlement of Mutual Financial Claims related to Settlement of Accounts under the Commodity Exchange between the former USSR and the former SFRY of 17 September 2003 (hereinafter ` the Memorandum ` ), desiring to provide for the final settlement of the portion of liabilities of the former USSR to the Republic of Slovenia in the final balance of settlement related to commodity exchange between the former SFRY and the former USSR according to Article 5 of the Memorandum, and with a view to developing and strengthening trading, financial and economic relations between the states of the Parties, hereby have agreed as follows:

Cross-sectoral activities shall also be presumed to be significant within the meaning of Article 2(14)(e) if the balance sheet total of the smallest financial sector in the group exceeds EUR 6 billion.

Transfer of funds for financial balance shall be put on hold temporarily should the municipality fail to report this information by the deadline and according to the method under the previous paragraph.

For 2002, the data of the Ministry of Finance, Bulletin of Public Finance, No. 2, February 2003 For 2003 and 2004, the data from the balance sheet supplements to the Budget Memorandum for 2003 and 2004 (Bulletin of the National Assembly, No 96, October 2002)

Until the amount needed to reach financial balance in an individual municipality is ascertained, the municipalities shall be allotted advances in proportion to expenditure according to Article 40 of this Law.

Upon submission of a final financial report on the implementation of the completed projects in accordance with Article VII(4), the balance in the project account shall be transferred to the Donor IDF sub-account.

Until the necessary amount of funds for the financial balance of an individual municipality is determined, the municipalities shall be allotted advances in proportion to the guaranteed expenditure in the previous year.

The municipalities which have been receiving advances from funds for financial balance but were not supposed to in accordance with this Law, shall repay the surplus advances to the state budget by 25 December that year.

The accounts in respect of all income and expenditure entered in the budget together with the balance sheet showing Europol's assets and liabilities shall be subject to an annual audit in accordance with the financial regulation.

(iv) where the financial conglomerate is a group without a parent undertaking at the top, or in any other case, the task of coordinator shall be exercised by the competent authority which authorised the regulated entity with the largest balance sheet total in the most important financial sector.

− pursuing, in the field of public finance, the goal of balancing public finance in a manner which will enable, on the one hand, allocation of the major part of budget expenditure for development projects and, on the other hand, unburdening of the economy by reducing the share of general government revenue in GDP.

Provisions of the regulations which refer to the state budget are to be reasonably applied for the purpose of the disclosure of incomes and expenditures in the income and expenditure balance-sheet and for the purpose of disclosure of the finance account.

Where the financial conglomerate is headed by more than one mixed financial holding company with a head office in different Member States and there is a regulated entity in each of these States, the task of coordinator shall be exercised by the competent authority of the regulated entity with the largest balance sheet total if these entities are in the same financial sector, or by the competent authority of the regulated entity in the most important financial sector;

Before the final settlement of relations of property and legal relations between municipalities in accordance with Article 100 of the Law on Local Self-Government, the municipalities shall adopt the property balance of the former municipality as of 31 December 1994.

Funds for balancing finances shall be transferred monthly by the 20th of each month according to the achieved income of the municipality in the previous month (as under Article 21) and according to an appropriate share of the guaranteed expenditure of the municipality.

Where a member of the Council considers that a draft European law or framework law referred to in paragraph 1 would affect fundamental aspects of its social security system, including its scope, cost or financial structure, or would affect the financial balance of that system, it may request that the matter be referred to the European Council.

The coordinator appointed in accordance with Article 10 shall inform the parent undertaking at the head of a group or, in the absence of a parent undertaking, the regulated entity with the largest balance sheet total in the most important financial sector in a group, that the group has been identified as a financial conglomerate and of the appointment of the coordinator.

The basic strategic aim of the fiscal policy is to restructure general government expenditure and revenue inflows that will have a stimulating effect on the competitiveness of the economy and will in the medium-term enable gradual balancing of public finance without increasing their share in GDP.

(iii) where more than one regulated entity with a head office in the Community have as their parent the same mixed financial holding company and none of these entities has been authorised in the Member State in which the mixed financial holding company has its head office, the task of coordinator shall be exercised by the competent authority which authorised the regulated entity with the largest balance sheet total in the most important financial sector;

The shares in the aggregate gross domestic product at market prices and in the total aggregated balance sheet of the monetary financial institutions shall be assigned weights of 5/6 and 1/6, respectively. The first group shall be composed of five governors and the second group of the remaining governors.

After 31 December 2007, or after the date of entry into force of the multi-annual financial framework for the period 2008-2013 if this date falls later, balances from the 9th EDF or from previous EDFs shall no longer be committed, with the exception of the balances and funds decommitted after this date of entry into force resulting from the system guaranteeing the stabilisation of export earnings from primary agricultural products (STABEX) under the EDFs prior to the 9th EDF and of those funds referred to in paragraph 2(b).

(2) However, if the Organisation is unable to balance its budget under the conditions laid down in paragraph 1, the Contracting States shall remit to the Organisation special financial contributions, the amount of which shall be determined by the Administrative Council for the accounting period in question.