Explanatory Note on Transfers by Administrative Manager in BEREC Office Budget 2015 in January-March 2015

Article 27 from Decision MC/2014/1 of the Management Committee of the Office of the Body of European Regulators for Electronic Communication on the financial regulation applicable to the BEREC Office in conformity with the framework Financial Regulation for the bodies referred to in Article 208 of Council Regulation (EU, Euratom) No 966/2012 on the Financial Regulation applicable to the general budget of the European Union specifies that:

- The Administrative Manager may transfer appropriations from one chapter to another, from one article to another without limit and from one title to another up to a maximum of 10 % of the appropriations for the year shown on the line from which the transfer is made.

- The Administrative Manager shall inform the Management Committee as soon as possible of all transfers made.In that respect the Administrative Manager submits through the CN to the MC the explanatory note on the transfers made within titles 1. “Staff” and 2. “Buildings, equipment and miscellaneous operating expenditure”.

All the transfers have been made within the responsibility limits of the Administrative Manager.