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Art. 42 Art. 42


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European Patent Convention (EPC 1973)

A revised version of the European Patent Convention entered into force on 13 December 2007. The provisions of the revised Convention apply unless the transitional provisions provide for the applicability of the EPC 1973.
EUROPEAN PATENT CONVENTION 1973 - Table of Contents
CONVENTION Preface Implementing Regulations
PART I - GENERAL AND INSTITUTIONAL PROVISIONS PREAMBLE PART II - SUBSTANTIVE PATENT LAW
Chapter V - Financial provisions Chapter IV - The Administrative Council  
Article 42 - Budget [Article 42 - Budget Article 43 - Authorisation for expenditure


Article 42 26

Budget


(1) 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 Financial Regulations. If necessary, there may be amending or supplementary budgets.


(2) The budget shall be drawn up in the unit of account fixed in the Financial Regulations.



26 Amended by the Act revising the European Patent Convention of 29.11.2000, provisionally applicable as of 29.11.2000 (OJ EPO 2001, Special edition No. 4).


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