Act To Amend, To Partially Transpose Directive 2011/85/eu, The Act Of May 16, 2003, Laying Down The General Provisions Applicable To Budgets, Control Of Subsidies And Accounting Communities And Regions, As Well As The Organ
Original Language Title: Loi modifiant, en vue de transposer partiellement la directive 2011/85/UE, la loi du 16 mai 2003 fixant les dispositions générales applicables aux budgets, au contrôle des subventions et à la comptabilité des communautés et des régions, ainsi qu'à l'organ
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Posted the: 2014-04-25 Numac: 2014003160 FEDERAL PUBLIC SERVICE BUDGET and control of management April 10, 2014. -Act to amend, with a view to transposing partially directive 2011/85/EU, the Act of May 16, 2003, laying down the General provisions applicable to budgets, control of subsidies and accounting of the communities and the regions, as well as to the Organization of the Court of Auditors (1) PHILIPPE, King of the Belgians, to all, present and future, hi.
The House of representatives has adopted and we sanction the following: Article 1.
This Act regulates a matter referred to in article 77 of the Constitution.
S. 2. this Act ensures the partial transposition of the 2011/85/EU Council directive of November 8, 2011 on the requirements for the budget framework of the Member States.
S. 3. in article 10 of the Act of May 16, 2003, laying down the General provisions applicable to budgets, control of subsidies and accounting of the communities and the Regions, as well as to the Organization of the supervision of the Court of Auditors, it is inserted a paragraph 1/1 as follows: "§ 1/1." At the latest from the accounts of the fiscal year 2020, the general account of each community and Region referred to in article 2 of this Act is submitted for certification to the Court accounts. ».
S. 4. in the Act of May 16, 2003, it is inserted a chapter avoid entitled as follows: ' chapter avoid '. -"Miscellaneous provisions transposing partially the 2011/85/EU directive.
S. 5. in chapter avoid, inserted by article 4 article be inserted a 16/9 read as follows: «art.» 16: 9. Each community and Region develops its budget on the basis of the macroeconomic forecasts of the economic budget of the Institute of national accounts referred to in article 108, g) of the Act of 21 December 1994 amending of social and various provisions.
Possible derogations from these forecasts are explicitly mentioned and justified in supporting the budget and informative documents. » Art. 6. in the same chapter avoid, inserted a section 16/10 read as follows: «art.» 16/10. Budgetary data on expenditures and revenues earned based on cash or on basis of accounting are monthly communicated for publication to the federal State. This overview includes the revenues and expenditures of institutions that are part of the scope of consolidation as defined by the Institute of national accounts.
The quarterly budget data related to expenditures and revenues earned on cash basis or based on the accounts of local authorities which fall under the tutelage of the communities and Regions are communicated quarterly for publication in the federal State before the end of the following quarter, by the community or Region concerned.
The Organization of the publication of the budget data will be set in a cooperation agreement. » Art. 7. in the same chapter avoid, inserted a section 16/11 read as follows: «art.» 16 11. The informative and supporting documents accompanying the budget of each community and Region must contain: 1 ° a sensitivity analysis, containing an overview of the developments of the main budget variables based on different assumptions regarding the growth and interest rates.
2 ° an enumeration of all organizations and funds that are not included in the budget but which are part of the scope of consolidation as defined by the national accounts Institute as well as an analysis of their impact on the financing balance and the public debt;
3 ° for entities who own tax competence, detailed information concerning the impact of their tax expenditures on their revenues. To this end, an inventory of tax expenditures is annexed to the draft budget, including all discounts, reductions and exceptions to the general regime of tax that apply during the fiscal year to the benefit of taxpayers or economic, social or cultural activities.
» Art. 8. in the same chapter avoid, inserted a section 16/12 worded as follows: «art.» 16/12. § 1. The budget of each community and Region is part of a fiscal framework in the medium term covering the legislature and a minimum period of three years. The annual budget is complemented by a multi-annual budget arising from the medium-term budgetary framework. The multi-annual budget includes the following: 1 ° the multiannual budgetary targets global and transparent in terms of deficit and public debt, or any other synthetic budget indicator, such as expenditure;
2 ° of the forecasts for each major item of expenditure and revenue of the authorities, policy remains unchanged;
3 ° a description of the envisaged medium-term policies having an impact on the finances of public administrations, broken down by item of expenditure and revenue important, which shows how the adjustment allows the budgetary objectives in the medium term compared with unchanged policy projections;
4 ° an assessment of the effect that, given their direct impact on Government finances long-term, proposed policies are likely to have on the sustainability of public finances long term.
§ 2. The multi-annual budget is based on economic forecasts of the Institute of national accounts referred to in article 108, g), of the Act of 21 December 1994 amending of social and various provisions.
The budgetary framework, the multi-annual budget and its updates are published with informative and supporting budget documents.
Any deviation from the annual budget from the budgetary framework is explained in these same documents.
A new Government may update the budgetary framework in the medium term defined by a previous Government, to reflect its new priorities for action. In this case, the new Government emphasizes the differences with the previous medium-term budgetary framework. » Art. 9. in the same chapter avoid, inserted a section 16/13 read as follows: «art.» 16/13. Every three years an evaluation, based on objective criteria, of the used estimates when the budget will be carried out by an independent body. If a significant difference emerges from the evaluation, the community or Region concerned takes measures to improve the methodology of the subsequent budget estimates and making them public.
The independent agency will be designated in a cooperation agreement. » Art. 10. in the same chapter avoid, inserted a section 16/14 read as follows: «art.» 16/14. Each community and Region publishes relevant information on contingent liabilities likely to have a high impact on the budget, including State guarantees, nonperforming loans and liabilities arising from the activity of public enterprises and information on the equity of private and public companies for economically significant amounts. ».
Promulgate this Act, order that it be under the seal of the State and published by the Belgian Monitor.
Given to Brussels, April 10, 2014.
PHILIPPE by the King: the Prime Minister, E DI RUPO the Minister for Budget, O. CHASTEL sealed with the seal of the State: the Minister of Justice, Ms. A. TURTELBOOM _ Note House of representatives (ww.lachambre.be) Documents: 53-3409-2013/2014 full account: 26 and March 27, 2014 (*) Senate (www.senate.be): Documents: 5-2812-2013/2014 annals of the Senate: April 3, 2014
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