Art. 110a · Monitoring of contractual arrangements that are not commitments

Version in force 1 January 2025, Inserted +319 −0§

Amended by Regulation (EU) 2024/1623 32024R1623 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2024/2987 32024R2987 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2024/2795 32024R2795 on EUR-Lex (external, EUR-Lex)

Applies from: not readable (an inserted provision states its own application date only in prose) why

Explanation, written by a model and checked against the cited text

A new Article 110a has been added, requiring institutions to monitor contractual arrangements that satisfy all the conditions listed in Article 5, points (10)(a) to (e).

The article also requires institutions to document, to the satisfaction of their competent authorities, their compliance with all of those conditions.

Cited: Art. 110a, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Article 110a
Monitoring of contractual arrangements that are not commitments
Institutions shall monitor contractual arrangements that meet all of the conditions set out in Article 5, points (10)(a) to (e), and shall document to the satisfaction of their competent authorities their compliance with all those conditions.