Article 1Establishment of the Agency
1.An executive agency (hereinafter referred to as the Agency) is hereby established for the management of Community activity in the field of research, its statute being governed by Council Regulation (EC) No 58/2003.
2.The name of the Agency shall be ‘The European Research Council Executive Agency’.
Article 2Location
The Agency shall be located in Brussels.
Article 3Term
The Agency is hereby established for a period beginning on 1 January 2008 and ending on 31 December 2017.
Article 4Objectives and tasks
1.The Agency is hereby entrusted, within the framework of the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007 to 2013) established by Decision No 1982/2006/EC, with the following tasks:
management of phases in the lifetime of specific projects — as set out in the decision delegating powers to this Agency — in the context of implementing the Ideas Specific Programme, on the basis of Council Decision No 2006/972/EC(1) and the work programme established by the Scientific Council and adopted by the Commission, as well as the necessary checks to that end, adopting the relevant decisions where the Commission has empowered it to do so,
adoption of the instruments of budget execution for revenue and expenditure and carrying out, where the Commission has empowered it to do so, all the operations necessary for the management of the ‘Ideas’ Specific Programme and, in particular, those linked to the award of grants and contracts,
gathering, analysing and passing on to the Commission and the Scientific Council all the information needed to guide the implementation of the Community programme.
2.The Commission decision delegating authority to the Agency shall set out in detail all the tasks entrusted to it and shall be amended should any additional tasks be entrusted to the Agency. It shall be forwarded, for information purposes, to the Committee for Executive Agencies.
Article 5Organisational structure
1.The Agency shall be managed by a Steering Committee and a Director appointed by the Commission.
2.The members of the Steering Committee shall be appointed for two years.
3.The Director of the Agency shall be appointed for four years.
4.The appointments of members of the Steering Committee and the Director may be renewed.
Article 6Grants
The Agency shall receive grants entered in the general budget of the European Communities taken from the funds allocated to the ‘Ideas’ Specific Programme.
Article 7Supervision and reporting
The Agency shall be subject to supervision by the Commission and shall report regularly on progress in implementing the programme for which it is responsible in accordance with the arrangements and at the intervals stipulated in the instrument of delegation.
Article 8Implementation of the operating budget
The Agency shall implement its operating budget in accordance with the provisions of Regulation (EC) No 1653/2004.
Done at Brussels, 14 December 2007.
For the Commission
Janez Potočnik
Member of the Commission