Segregated functions
Verification, clearance and payment
The new Internal Service Organization establishes an organizational and functional separation between:
- verification of physical delivery and acceptance,
- administrative and technical monitoring,
- review of supporting documents and expenditure clearance,
- payment authorization or payment order and cash payment.
The same organizational unit may not certify physical delivery and clear the same expenditure.
Applicable framework
Financial administration and management
Articles 228–229 and Article 286(5) of Law 5314/2026, together with the new Internal Service Organization, constitute the principal institutional framework for the Fund’s budget, commitments, expenditure clearance, payment authorization, cash management and financial control.
The applicable provisions on public financial management, commitments and public procurement apply additionally to the extent that they govern the Fund and the specific expenditure concerned.