Financial Regulation of 21.12.1977, EC budget: fines, financial controller, recovery of debts

The proposal for a regulation was concerned with a number of technical points designed to allow improvements to the conditions for budget implementation, in particular with regard to the requirements of scrutiny and account-keeping. The proposal sought to: - enhance the role of the financial controller; - specify in more detail the various stages of budgetary implementation as regards debts; - make provision for appropriate accounting and budgetary treatment of fines; - improve the operation of imprest accounts; - allow appropriate additional time for settling a number of accounting transactions after the end of the financial year; - extend the scope of measures relating to the management of appropriations for personnel and for the administrative functioning of offices and suboffices in the Community. �