50It follows that, contrary to contentions of the Council and the Kingdom of Spain, the budgetary procedure laid down in Article 314 TFEU is not concluded by an act jointly signed by the Presidents of the Parliament and the Council. It is the act based on Article 314(9) TFEU – by which the President of the Parliament declares, after verifying that the procedure has been conducted lawfully, that the budget has been definitively adopted – which constitutes the final stage of the procedure for the adoption of the Union’s budget and endows the budget with binding force.
Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.