Cour des comptes

Summary

The Cour des comptes (Court of Accounts of the Grand Duchy of Luxembourg) is constitutionally established under Article 105 of the Luxembourg Constitution and governed by the Loi du 8 juin 1999 sur la Cour des comptes. The Court consists of five members (a president, a vice-president, and three councillors) appointed by the Grand Duke from a list of three candidates presented by the Chamber of Deputies for each vacancy, for six-year renewable terms. This gives the appointment a mixed character (parliamentary nomination, executive appointment). The Court audits all state revenues and expenditures, the execution of the national budget, public bodies, state-controlled enterprises, and bodies receiving state subsidies, examining both financial regularity and compliance. Under its statute, the Court has a statutory right of access to all accounts, documents, and records necessary for its audit work. Annual general reports and special reports are submitted to the Chamber of Deputies and published. The budget is a legislative line item within the Chamber's appropriations.