Ch.10 Targeted revision Concept

Question

What is the key characteristic of external assigned revenue under Article 21 of the Financial Regulation?

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Answer

It must be used to finance specific items of expenditure, as listed in Article 21(2) or assigned by a basic act.

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Read the linked lesson for the applicable scope and exceptions.

https://eur-lex.europa.eu/eli/reg/2024/2509/oj/eng

Low-value parcels: VAT, customs duties, and the 2026 EU reforms External Assigned Revenue in the EU Budget

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