The financing of specific items of expenditure may not be moved from one ceiling to another, unless the financial perspective is revised.

All these amounts are expressed at 1992 prices, except for the monetary reserve, where the amounts are expressed at current prices.

Information relating to operations not included in the general budget of the European Communities and the foreseeable development of the various categories of Community own resources are set out, as an indication, in separate tables.

This information is updated annually when the technical adjustment is made to the financial perspective.

7. The European Parliament, the Council and the Commission (hereinafter referred to as the `institutions`) acknowledge that each of the absolute amounts shown in the 1993to 1999 financial perspective represents an annual ceiling on Community expenditure. Without prejudice to Section II. C, they undertake to use their respective powers in such a way as to comply with the various annual expenditure ceilings during each budgetary procedure and when implementing the budget for the year concerned.

A decision by the Council or joint decision by the European Parliament and the Council which involves exceeding the appropriations available in the budget or the appropriations provided for in the financial perspective may not be implemented in financial terms until the budget has been amended and, if necessary, the financial perspective has been appropriately revised in accordance with the relevant procedure for each of these cases.

8. For each of the years covered by the financial perspective, the total appropriations for payments required, after annual adjustment and taking account of any other adjustments or revisions, must not be such as to produce a call in rate for own resources that exceeds the ceiling in force for these resources.

If need be, the two arms of the budgetary authority will decide, acting on a proposal from the Commission and in accordance with the majority voting rules laid down in the fifth subparagraph of Article 203(9) of the Treaty, to lower the ceilings set in the financial perspective in order to ensure compliance with the ceiling on own resources.

B. Annual adjustments to the financial perspective

         Technical adjustments

9. Each year the Commission, acting ahead of the budgetary procedure for year t + 1, will make the following technical adjustments to the financial perspective in line with

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