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Council Regulation (EC) No 58/2003 of 19 December 2002 laying down the statute for executive agencies to be entrusted with certain tasks in the management of Community programmes

article  25

CELEX:  32003R0058

Evaluation
1. An external evaluation report on the first three years of operation of each executive agency shall be drawn up by the Commission and submitted to the steering committee of the executive agency, to the European Parliament, to the Council and to the Court of Auditors. It shall include a cost-benefit analysis as referred to in Article 3(1).
2. The evaluation shall subsequently be repeated every three years under the same conditions.
3. Further to the evaluation reports, the executive agency and the Commission shall take all appropriate steps to resolve any problems identified.
4. If, further to an evaluation, the Commission finds that the very existence of an executive agency is no longer justified with a view to sound financial management, the Commission shall decide to wind up that agency.