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Law on the Management of European Union Funds for the 2021-2027 Programming Period.

Country
Type of law
Legislation
Date of original text
Date of latest amendment
Source

Abstract
This Law primarily focuses on the governance and management of European Union funds during the 2021-2027 planning period. It outlines the legal framework and objectives for ensuring effective implementation of projects funded by these resources. The document emphasizes the importance of transparency, accountability, and adherence to established procedures in the allocation and use of funds. The document specifies several critical measures and action plans, including the responsibilities of the Procurement Monitoring Bureau, which is tasked with overseeing public procurement processes and ensuring compliance with relevant regulations. It outlines the requirements for project application submissions, evaluation criteria, and the methodology for assessing project proposals. Additionally, it details the obligations of responsible authorities in developing evaluation criteria and monitoring the achievement of specific support objectives, as well as the need for collaboration among various institutions involved in fund management. Implementation mechanisms are clearly defined, with responsibilities assigned to various institutions, including the managing authority, responsible authority, and audit authority. The document stipulates the procedures for planning budget allocations, verifying payment requests, and conducting audits. It also highlights the importance of stakeholder involvement in the project implementation process and the need for regular communication regarding decisions made by the monitoring committee.
Entry into force notes
This Law enters into force on the day following its promulgation.
Repealed
No
Source language

English

Legislation Amendment
No
Original title
Eiropas Savienības fondu 2021.—2027. gada plānošanas perioda vadības likums.