'serious deficiency in the effective functioning of a management and control system' means, for the purposes of implementation of the Funds and the EMFF under Part Four, a deficiency for which substantial improvements in the system are required, which exposes the Funds and the EMFF to a significant risk of irregularities, and the existence of which is incompatible with an unqualified audit opinion on the functioning of the management and control system.
ciallaíonn 'easnamh tromchúiseach i bhfeidhmiú éifeachtach an chórais bhainistíochta agus rialaithe', chun críocha cur chun feidhme na gCistí agus CEMI faoi Chuid a Cheathair, easnamh a éilíonn feabhsuithe substaintiúla sa chóras, a nochtann na Cistí agus CEMI chun riosca suntasach maidir le neamhrialtachtaí, agus nach comhoiriúnach iad le tuairim iniúchóireachta neamhcháilithe maidir le feidhmiú an chórais bhainistíochta agus rialaithe.