Examples of using Closure process in English and their translations into Slovak
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Programming
Our formal closure process.
This could contribute to an overly long closure process.
The Commission considers that the closure process has generally been carried out to a good standard despite some delays.
Therefore further assurance has to be obtained from the closure process.
After the programming period, the programmes enter the closure process where the Commission and the Member States finally settle the accounts.
Both the Commission and the Member States have specific tasks andresponsibilities in the closure process.
Their respective responsibilities in the closure process are presented in Table 1.
For rural development the examination of the last annualprogress report does not delay the closure process.
Where this was not the case, the Commission interrupted the closure process and requested additional audit work.
It also provides some recommendations to Member States which,if followed, should facilitate the closure process.
In 2010, the closure process for 81 INTERREG III/Neighbourhood programmes has begun and for 3 programmes the closure has been finalised.
They also provide some recommendations to Member States which,if followed, should facilitate the closure process.
The weaknesses identified in the closure process for 1994 to 1999 programmes need to be addressed before the closure of programmes of the current period begins.
While acknowledging the above risks, the Commission emphasizes that the 2000-2006 closure process is still underway.
The closure process has been carried out to a good standard and generally within a reasonable period having regard to the number of programmes and the complexity of the issues checked.
This option terminates this Agreement, letting you stop using your Product and paying for it,and initiates the closure process for your PayPal Account.
Financial corrections for system deficiencies in the closure process as well as irregular expenditure detected after closure will always result in a net reduction of the EU assistance.
The system of annual control reports and opinions, together with the Commission's acceptance of annual implementation reports,provide the foundation for the closure process.
The Court also identified several caseswhere programmes were closed late because the closure process on the part of the Commission was very lengthy.
The Commission also closely monitored the management and control systems andaudit work during implementation of the 2000-2006 programming period up to the closure process.
As a result, for the 2007-2013 programme period,Member States have to complete the closure process by 31 March 2017 for cohesion and by 30 June 2016 for rural development(see Figure 4).
The Commission's analysis and verifications led in many cases to requests for clarification or additional work at Member State level,which often extended the closure process.
After the end of this eligibility period, the closure process- in which Member States prepare and submit their closure documents and the Commission assesses them- adds at least 2 further years.
The Commission considers that the Closure Guidelines adequately clarify the specific rules for phasing of non-major projects andthis will not complicate the closure process.
The multiannual nature of expenditure and control cycle includes the closure process, where final checks are performed on the legality and regularity of expenditure and final corrections are made where necessary.
They establish a common understanding on how the Commission interprets theregulation that should help to avoid conflicts during the closure process between the Commission and the Member State.
The Commission notes that the closure process for the 2014-2020 programming period will be more simplified due to the annual acceptance of accounts and further examination of the legality and regularity aspects.
However, if the Commission is not satisfied with the information provided by a Member State, the absence of a timeframe in the regulation for replies to theCommission's questions could further protract the closure process.
Extended eligibility periods and the closure process ties up these resources96, creating a disincentive to start the programmes of the next programme period, and therefore affecting timely implementation97.
In the context of the 2007-2013 programmes, we expressed regret that the closure process does not include acceptance by the Commission of performance aspects, such as results achieved, and also that the Commission does not report on performance to the budgetary authority140.