The employees’ trade union organisations and the employers’ professional organisations receiving financing from the Joint Fund draw up a written annual report detailing the use made of the appropriations received.
They make this report public and send it to the fund within six months of the end of the financial year to which the report relates.
If the report is not sent within the time limit stipulated in the second paragraph, or if the evidence of the expenditure incurred is insufficient, the fund may, after giving formal notice to the organisation concerned to comply with its obligations, which has not been acted upon within the time limit stipulated in the formal notice, which may not be less than fifteen days, suspend the allocation of funding to the organisation in question or reduce the amount thereof.
Before 1st October each year, the fund submits a report to the Government and Parliament on the use of its appropriations. This report is published in accordance with the procedures laid down by regulation.