Traduction de «Dotation à la provision pour épuisement » (Français → Anglais) :

In order to take account of the lower annual allocation introduced in 2014 (€500m plus any remainder of the preceding year compared with €1 billion before) and to avoid early depletion of the Fund, the maximum financial contribution for a given disaster may not exceed two-thirds of the annual allocation of the Fund - €353,736m in 2014.

2. A Member State that meets one of the conditions set out in points (a), (b) and (c) of Article 77(2), may contribute a part of the overall resources distributed in accordance with Articles 19 and 20 to a risk-sharing instrument which shall be established by means of a cooperation agreement to be concluded by the Commission either with the EIB or with national or international public sector bodies or bodies governed by private law with a public service mission providing adequate guarantees as referred to in Article 54(2)(c) of Regulation (EC, Euratom) No 1605/2002, under similar terms and conditions to those applied to and by the EIB (“contracted implementing body”), to cover the provisioning and capital ...[+++]allocation of guarantees and loans, as well as other financial facilities, granted under the risk-sharing instrument.

Granting a tax deduction when a provision is created rather than waiting for the actual expenditure to be incurred 'only' advances the deduction, so the potential loss of revenue to a tax administration is 'only' the time value of recognising a deduction early.

In the meantime, we cannot afford to wait, and so I have made another list of things that might be easier to fix: The problems of staffing in Specific Claims Branch and the Department of Justice unit that supports and advises them must be solved; Some legal issues need to be addressed by courts by agreeing to put legal issues to the courts without engaging in “scorched earth” litigation in which the rules of civil procedure are abused in order to deplete First Nations’ resources and will to resist; New money must be put into claims resear ...[+++]ch, to be provided to First Nations; The budget for specific claims negotiations must be increased, first by appropriating more money for the overall budget; and second, by terminating the practice of using First Nations’ funding for federal obligations; Specific Claims Branch must be allocated some money of its own to pay for its share of studies and also to hire more experienced outside negotiators and other advisers who are not captive of the conventional mindset within the bureaucracy; Negotiations must be broadened to address social and cultural damage caused by the Crown’s breaches of duty and faith; Finally, the government of Canada must learn to apologize if it takes seriously the need for reconciliation and closure.

The Commission and the EIB share the financial contribution to the expected loss provisioning and capital allocation for those guarantees.

The transfer is required because the Article 254 budget has been exhausted as a result of the series of humanitarian disasters that have afflicted the African continent over the past few years.