Regulation C/REG.7/8/11 Approving the 2010 Financial Statements of the Community Levy Managed by the ECOWAS Commission


Economic Community of West African States

Regulation C/REG.7/8/11 Approving the 2010 Financial Statements of the Community Levy Managed by the ECOWAS Commission

The Council of Ministers,MINDFUL of Articles 10, 11 and 12 of the ECOWAS Treaty as amended, establishing the Council of Ministers and defining its composition and functions;MINDFUL of the provisions of Article 72 of the said Treaty relating to Community Levy;MINDFUL of Article 75 of the Treaty appointing the External Auditors of the ECOWAS Institutions;MINDFUL of the Protocol A/P1/7/96 relating to the conditions of application of the Community Levy;MINDFUL of Decision A/DEC.10/11/03 relating to the report of 1st July 2003 of the day of full entry into force of the Community Levy;MINDFUL of Decision A/DEC.9/01/06 on transfer of resources of the Community Levy to the Community Institutions;MINDFUL of Supplementary Act A/SA.6/01/08 amending the Decision A/DEC.9/01/06 on transfer of resources of the Community Levy to Community Institutions;MINDFUL of Resolution A/RES.1/8/97 relating to the urgent implementation of the Community Levy;MINDFUL of Regulation C/REG.5/05/09 of 27th May 2009 relating to the Financial Regulation of ECOWAS Institutions;MINDFUL of Decision A/DEC.1/07/10 of 2nd July 2010 relating to the renewal of the contract of the firm, "Deloitte et Touche of Cote d’Ivoire, as External Auditors of the Community Institutions;MINDFUL of the contract between ECOWAS and the firm, "Deloitte et Touche of Cote d’Ivoire", relating to the conditions of service of the Internal Auditors of the Community Institutions;AFTER CONSIDERING the report of the firm, "Deloitte et Touche of Cote d’Ivoire", on the 2010 financial statements of the Community Parliament;ON THE RECOMMENDATION of the twentieth meeting of the Audit Committee, held in Abuja from 11 to 15 August 2011;ENACTS

Article 1

The audited financial statements of the Community Levy for 2010 is hereby approved.

Article 2

This Regulation shall be published by the ECOWAS Commission in the Official Journal of the Community within thirty (30) days after its date of signature by the Chairman of the Council of Ministers. It shall also be published by each Member State in its Official Journal within thirty (30) days after its notification thereof by the Commission.
Done at Abuja, this 19th day of August 2011H.E. Olugbenga AshiruChairman for Council
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