Specialised Committee on financial provisions

E706574

EU–UK joint body Specialised Committee under the EU–UK Withdrawal Agreement

The Specialised Committee on financial provisions is a body established under the EU–UK Withdrawal Agreement responsible for overseeing and managing the financial settlement and related budgetary issues arising from the UK's withdrawal from the European Union.

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Observed surface forms (1)

Surface form	Occurrences
Specialised Committee on the Financial Provisions	1

Statements (40)

Predicate	Object
instanceOf	EU–UK joint body ⓘ Specialised Committee under the EU–UK Withdrawal Agreement ⓘ
appliesTo	United Kingdom withdrawal from the European Union ⓘ
composedOf	representatives of the European Union ⓘ representatives of the United Kingdom ⓘ
cooperatesWith	European Commission NERFINISHED ⓘ Government of the United Kingdom NERFINISHED ⓘ
createdAs	specialised body under the institutional framework of the Withdrawal Agreement ⓘ
decisionMakingMode	by mutual consent of the EU and UK representatives ⓘ
establishedFor	ensuring correct and consistent interpretation of financial provisions in the Withdrawal Agreement ⓘ implementation and application of Part Five of the EU–UK Withdrawal Agreement ⓘ
governedBy	rules of procedure adopted by the Joint Committee ⓘ
hasFunction	address technical and administrative issues related to the financial settlement ⓘ assist the Joint Committee in resolving issues concerning financial provisions ⓘ exchange information between the EU and the UK on financial settlement implementation ⓘ
hasRole	facilitate cooperation between the EU and the UK on financial settlement matters ⓘ manage financial provisions related to the UK’s withdrawal from the EU ⓘ monitor budgetary issues arising from the UK’s withdrawal from the EU ⓘ oversee implementation of the financial settlement under the Withdrawal Agreement ⓘ prepare draft decisions and recommendations for the Joint Committee on financial provisions ⓘ
jurisdiction	European Union ⓘ United Kingdom ⓘ
language	official languages of the European Union ⓘ
legalBasis	Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community NERFINISHED ⓘ EU–UK Withdrawal Agreement NERFINISHED ⓘ
meetsFor	discussion of any issues of interpretation of the financial settlement ⓘ review of the implementation of financial provisions ⓘ
partOf	Joint Committee under the EU–UK Withdrawal Agreement NERFINISHED ⓘ
relatedTo	EU budget contributions and liabilities involving the United Kingdom ⓘ Part Five of the EU–UK Withdrawal Agreement NERFINISHED ⓘ
reportsTo	Joint Committee under the EU–UK Withdrawal Agreement NERFINISHED ⓘ
scope	financial provisions of the EU–UK Withdrawal Agreement ⓘ
subjectMatter	UK participation in the EU budget during the transition period ⓘ budgetary implementation of the Withdrawal Agreement ⓘ financial settlement between the EU and the UK ⓘ implementation of provisions on the European Investment Bank and other EU bodies’ financial relations with the UK ⓘ management of payments related to the financial settlement ⓘ methods for calculating the UK’s share of EU liabilities and assets ⓘ outstanding financial obligations of the United Kingdom to the European Union ⓘ
typeOfSettlement	withdrawal financial settlement between the EU and the UK ⓘ

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Joint Committee under the Withdrawal Agreement → hasSubBody → Specialised Committee on financial provisions ⓘ

UK–EU Joint Committee → hasPart → Specialised Committee on financial provisions ⓘ

this entity surface form: Specialised Committee on the Financial Provisions