UPCA Statues of the Unified Patent Court

ARTICLE 33

Financial Regulations

(1) The Financial Regulations shall be adopted by the Administrative Committee. They shall be amended by the Administrative Committee on a proposal from the Court. (2) The Financial Regulations shall lay down in particular:

(a) arrangements relating to the establishment and implementation of the budget and for the rendering and auditing of accounts;

(b) the method and procedure whereby the payments and contributions, including the initial financial contributions provided for in Article 37 of the Agreement are to be made available to the Court;

(c) the rules concerning the responsibilities of authorising and accounting officers and the arrangements for their supervision; and

(d) the generally accepted accounting principles on which the budget and the annual financial statements are to be based.