Cloud and AI Development Act (CADA)

1. The power to adopt delegated acts is conferred on the Commission subject to the conditions laid down in this Article.
2. The power to adopt delegated acts referred to in Article 6(4), Article 16(2), Article 20(9), Article 21(1), and Article 31(3) shall be conferred on the Commission for an indeterminate period of time from [date of entry into force].
3. The delegation of power referred to in Article 6(4), Article 16(2), Article 20(9), Article 21(1), and Article 31(3) may be revoked at any time by the European Parliament or by the Council. A decision to revoke shall put an end to the delegation of the power specified in that decision. It shall take effect the day following the publication of the decision in the Official Journal of the European Union or at a later date specified therein. It shall not affect the validity of any delegated acts already in force.
4. Before adopting a delegated act, the Commission shall consult experts designated by each Member State in accordance with the principles laid down in the Interinstitutional Agreement of 13 April 2016 on Better Law-Making.
5. As soon as it adopts a delegated act, the Commission shall notify it simultaneously to the European Parliament and to the Council.
6. Delegated act adopted pursuant to Article 6(4), Article 16(2), Article 20(9), Article 21(1), and Article 31(3) shall enter into force only if no objection has been expressed either by the European Parliament or by the Council within a period of two months of notification of that act to the European Parliament and to the Council or if, before the expiry of that period, the European Parliament and the Council have both informed the Commission that they will not object. That period shall be extended by three months at the initiative of the European Parliament or of the Council.

1. By [date of entry into force plus 4 years], and every 5 years thereafter, the Commission shall evaluate this Regulation, and report to the European Parliament, the Council and the European Economic and Social Committee.
2. Where appropriate, the report referred to in paragraph 1 shall be accompanied by a proposal for amendment of this Regulation.
3. In carrying out the evaluation referred to in paragraph 1, to Commission shall take into account the positions and findings of the European Parliament, of the Council, and of other relevant bodies or sources, and shall pay specific attention to small and medium-sized enterprises and the position of new competitors.

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

It shall apply from [same day and month as date of entry into force plus 1 year].

This Regulation shall be binding in its entirety and directly applicable in all Member States.