31.12.2012 Official Journal of the European Union L 362/1 II (Non-legislative acts) REGULATIONS COMMISSION DELEGATED REGULATION (EU) No 1268/2012 of 29 October 2012 on the rules of application of Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council on the financial rules applicable to the general budget of the Union THE EUROPEAN COMMISSION, (2)  Under Article 290 of the Treaty on the Functioning of the European Union (hereinafter ‘TFEU) a legislative act may delegate to the Commission the power to adopt non-legislative acts only to supplement or amend Havi - certain non-essential elements of the legislative act. aving regard to the Treaty on the Functioning of the European Theref o laid d i Reoulati Union erefore, some provisions laid down in Regulation ’ (EC, Euratom) No 2342/2002 have been incorporated in the Financial Regulation. Thus those provisions should not be included in this Regulation. Having regard to Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council of 25 October 2012 on the financial rules applicable to the general budget of the Union (Y), and in particular Articles 8, 11, 13, 19, 21, 22, 23, o o ) 25,26, 29, 30, 31, 34, 35, 38, 41, 44, 49, 53. 54, 57, 58, 59, (3)  During its preparatory work, the Commission has carried 60. 61. 62, 63, 64 65. 66. 68. 69, 70, 72. 73. 74. 75. 76, 77, out appropriate consultations, including at expert level 78. 79, 80, 81, 83, 84. 85. 86, 87, 88, 89. 90, 92, 93, 98, 99, and er}sqred a simultaneous, timely and appropriate 100, 101, 103, 104, 105, 106, 107, 108, 109, 110, 111, 112, tran.sm15510n of relevant .documents to the European 113, 114, 115, 116, 117, 118, 119, 121, 122, 123, 124, 125, Parliament and the Council. 126, 128, 129, 130, 131, 132, 133, 134, 135, 137, 138, 139, 140, 142, 144, 145, 146, 148, 151, 154, 156, 157, 181, 183, 184, 186, 187, 188, 190, 191, 192, 195, 196, 199, 201, 203, 204, 205, 208 and 209 thereof, (4)  As regards the budgetary principles, in particular the principle of unity, the simplification of the rules governing the generation and recovery of interest Whereas: yielded on pre-financing, and in particular the waiver of the obligation for grant recipients to generate such interest, render obsolete the provisions on the scope and conditions for the recovery of the interest. Where such obligation would still be imposed on entities (1) Council Regulation (EC, Euratom) No 1605/2002 of entrusted with budget implementation tasks, the rules 25 June 2002 on the Financial Regulation applicable to governing the identification, use and accounting for the the general budget of the European Communities (*) has interest generated should be included in the delegation been substantially amended and replaced by Regulation agreements with those entities. In those cases where the (EU, Euratom) No 966/2012 (hereinafter ‘Financial Regu- interest yielded on pre-financing is due to the Union on lation). It is therefore necessary to align Commission the basis of those agreements that interest should be paid Regulation (EC, Euratom) No 23422002 of 23 December to the budget as assigned revenue. 2002 laying down detailed rules for the implementation of Council Regulation (EC, Euratom) No 1605/2002 on the Financial Regulation applicable to the general budget of the European Communities () to the Financial Regu- lation. In the interests of clarity, it is necessary to replace Regulation (EC, Euratom) No 2342/2002. (5) For the principle of annuality, it is important to clarify 0] L 298, 26.10.2012, p. 1. () O] L 248, 16.9.2002, p. 1. 0] L 357, 31.12.2002, p. 1. the meaning of annual appropriations and the preparatory stages of the commitment procedure which, if completed by 31 December, may allow the carryover of commitment appropriations.