Chapter V

The budget of the Organisation shall be financed:

The Organisation’s own resources shall comprise:

Each Contracting State shall pay to the Organisation in respect of each renewal fee received for a European patent in that State an amount equal to a…

The amounts of the fees referred to in Article 38 and the proportion referred to in Article 39 shall be fixed at such a level as to ensure that the…

At the request of the President of the European Patent Office, the Contracting States shall grant advances to the Organisation, on account of their…

The budget of the Organisation shall be balanced. It shall be drawn up in accordance with the generally accepted accounting principles laid down in…

The expenditure entered in the budget shall be authorised for the duration of one accounting period, unless the Financial Regulations provide…

The budget of the Organisation may contain appropriations for unforeseeable expenditure.

The accounting period shall commence on 1 January and end on 31 December.

The President of the European Patent Office shall submit the draft budget to the Administrative Council no later than the date prescribed in the…

If, at the beginning of the accounting period, the budget has not been adopted by the Administrative Council, expenditures may be effected on a…

The President of the European Patent Office shall implement the budget and any amending or supplementary budget on his own responsibility and within…

The income and expenditure account and a balance sheet of the Organisation shall be examined by auditors whose independence is beyond doubt…

The Financial Regulations shall lay down in particular:

The European Patent Office may levy fees for any official task or procedure carried out under this Convention.