European training Foundation : budgetary management, discharge

In adopting the report by Mr Edward T. KELLETT-BOWMAN (PPE, UK) on the amendments to to the basic regulation on the European Training Foundation, Parliament welcomed the Commission proposal, which addressed issues of long-standing concern to Parliament with regard to the discharge and financial control of the decentralized bodies. However, Parliament called for: -all of the Foundation's revenue to be budgetized and regarded as preallocated resources of the European Union, -the Foundation to be able to constitute a reserve to cover future expenditure; surplus revenue was to be paid back into the general budget of the Union, -the entering of amounts in the reserve in the Foundation's budget and their withdrawal from it to be subject to the agreement of the Commission, which should first consult Parliament, -the Commission to evaluate the level of the fees received by the Foundation after three years. It also recalled that it was a prerequisite to involve Parliament in the discharge procedure.�