ANNEX
V
: POWERS AND RESPONSIBILITIES OF STANDING COMMITTEES
(1)
IV. Committee on Budgets
Committee responsible for:
1.
the multiannual financial framework of the Union’s revenue and expenditure and the Union’s system of own resources;
2.
Parliament’s budgetary prerogatives, namely the budget of the Union as well as the negotiation and implementation of interinstitutional agreements in this field;
3.
Parliament’s estimates according to the procedure defined in the Rules;
4.
the budget of the decentralised bodies;
5.
the financial activities of the European Investment Bank which are not part of European economic governance;
6.
the budgetisation of the European Development Fund, without prejudice to the powers of the committee responsible for the ACP-EU Partnership Agreement;
7.
financial implications and compatibility with the multiannual financial framework of all Union acts, without prejudice to the powers of the relevant committees;
8.
keeping track of and assessing the implementation of the current budget notwithstanding Rule 92a(1), transfers of appropriations, procedures relating to the establishment plans, administrative appropriations and opinions concerning buildings-related projects with significant financial implications;
9.
the Financial Regulation, excluding matters relating to the implementation, management and control of the budget.