PART ICOMMON PROVISIONS

TITLE IICOMMON RULES FOR IMPLEMENTATION

CHAPTER IIManagement and control systems

Section 1Decentralised management

Sub-section 1Accreditation and conferral of management powers

Article 20Audit trail

The national authorising officer shall ensure that all the relevant information is available to ensure at all times a sufficiently detailed audit trail. This information shall include documentary evidence of the authorisation of payment applications, of the accounting and payment of such applications, and of the treatment of advances, guarantees and debts.