X1TITLE IVADMINISTRATIVE COMMISSION AND ADVISORY COMMITTEE

Annotations:

Article 74Audit Board

1

An Audit Board shall be attached to the Administrative Commission. The composition and working methods of the Audit Board shall be determined by the Administrative Commission.

The Audit Board shall:

a

verify the method of determining and calculating the annual average costs presented by Member States;

b

collect the necessary data and carry out the calculations required for establishing the annual statement of claims of each Member State;

c

give the Administrative Commission periodic accounts of the results of the implementation of this Regulation and of the Implementing Regulation, in particular as regards the financial aspect;

d

provide the data and reports necessary for decisions to be taken by the Administrative Commission pursuant to Article 72(g);

e

make any relevant suggestions it may have to the Administrative Commission, including those concerning this Regulation, in connection with subparagraphs (a), (b) and (c);

f

carry out all work, studies or assignments on matters referred to it by the Administrative Commission.