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What is EPC 042?

This is Article 042 from the EPC (Europäisches Patentübereinkommen), which is part of the legal framework governing the Unified Patent Court in Europe.

EPC Article 042

Legal Text

Budget

1.

The budget of the Organisation shall be balanced. It shall be drawn up in accordance with the generally accepted accounting principles laid down in the Financial Regulations. If necessary, there may be amending or supplementary budgets.

2.

The budget shall be drawn up in the unit of account fixed in the Financial Regulations.

Applied In

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Official Source

This legal text is from the official EPC framework governing the Unified Patent Court.

Reference: EPC 042 (Article 042)

Unified Patent Court Official Website