7. 10. 95 Official Journal of the European Communities No L 240/9 COUNCIL REGULATION (EC, Euratom, ECSC) No 2334/95 of 18 September 1995 amending the Financial Regulation of 21 December 1977 applicable to the general budget of the European Communities, with regard to the treatment of fines, role of the financial controller, recovery of debts and late adjustment THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty establishing the European Coal and Steel Community, and in particular Article 78h thereof, Having regard to the Treaty establishing the European Community, and in particular Article 209 thereof, Having regard to the Treaty establishing the European Atomic Energy Community, and in particular Article 183 thereof, Having regard to the proposal from the Commission ('), Having regard to the opinion of the European Parliament (%), Having regard to the opinion of the Court of Auditors (%), Whereas provisions should be added to the Financial Regulation of 21 December 1977 applicable to the general budget of the European Communities (), hereinafter referred to as ‘the Financial Regulation’, to enhance the role of the financial controller, on the one hand, by guaranteeing him full access to documents or data on magnetic media and, on the other hand, by specifying more explicitly the need to secure prior approval; Whereas the various stages of budgetary implementation as regards debts should be specified in more detail; Whereas provision should be made for appropriate accounting and budgetary treatment of fines; - Whereas, in order to facilitate operation of imprest accounts, the time allowed for booking expenditure in the accounts should be adjusted by affording the arrangements currently laid down in Article 122 of the Financial Regulation general application; (*) O] No C 221, 17. 8. 1993, p. 8, and O] No C 225, 13. 8. 1994, p. 4. ) Of No C 205, 25. 7. 1994, p. 537. (*) OF No C 348, 28. 12. 1993, p. 8. ) O] No L 356, 31. 12. 1977, p. 1. Regulation as last amended by Regulation (EC, Euratom, ECSC) No 2333/95 (sce page 1 of this Official Journal). Whereas appropriate additional time should be allowed for settling a number of accounting transactions after the end of the financial year; Whereas the administrative operation of offices and suboffices within the Community is comparable to that of delegations outside the Community; whereas the scope of Title X of the Financial Regulation should be enlarged accordingly; Whereas the Financial Regulation must therefore be accordingly amended; Whereas conciliation has taken place as provided in the Joint  Declaration of the European Parliament, the Council and the Commission of 4 March 1975 (%) and in Article 127 of the Financial Regulation, HAS ADOPTED THIS REGULATION: Article 1 The Financial Regulation is hereby amended as follows: 1. Article 5 (1) shall be replaced by the following: ‘1. Subject to Article 28a, no revenue shall be collected and no expenditure effected unless credited to or charged against an article in the budget.’; 2. Article 24 shall be amended as follows: (1) the second paragraph shall be replaced by the following: ' ‘He shall carry out his duties in accordance with the principles laid down in Article 2 and the provisions of Article 22 (3). He shall report to his institution on any problem he uncovers regarding the management of Community finances.’; (ii) after the fifth subparagraph, the following subparagraph shall be inserted: ‘All. documents and information produced or stored on a magnetic medium which the financial controller considers necessary for the performance of his duties shall be supplied to him at his request by the departments concerned in the institution.’; () O] No C 89, 22. 4. 1975, p. 1.