Page 37 - Microsoft Word - SD16-En-Fin

This is a SEO version of Microsoft Word - SD16-En-Fin. Click here to view full version

« Previous Page Table of Contents Next Page »

32 

 

20. The Committee again recommended that the Assembly urge observers attending and participating in the meetings of the Authority to make voluntary contributions to the budget of the Authority, considering that they benefit from the facilities of the Authority.  

21. The Committee took note of the progress report on International Public Sector Accounting Standards (IPSAS) and requests the Secretary‐General to keep the Committee informed on further developments with regard to the adoption by the United Nations Common System.  

22. The Committee took note of the Secretary‐General’s reports on cost‐saving measures, budget performance, main lines of research, organizational chart and countries in arrears, and requested him to produce similar reports next year.  

23. The Committee took note of the Financial Rules promulgated on 1 December 2008. 

  

X. RECOMMENDATIONS OF THE FINANCE COMMITTEE

 

 

24.  In the light of the foregoing, the Committee recommends that the Council and the Assembly of the International Seabed Authority: 

(a) Approve   the budget for the financial period 2011‐2012 in the amount of $13,014,700, as proposed by the Secretary‐General; 

(b) Authorize   the Secretary‐General to establish the scale of assessments for the biennium 2011 and 2012 based on the scale used for the regular budget of the expenses of the United Nations for 2010. In applying this, the Committee recommended that the rate of 16.587 per cent shall be applied in assessing Japan’s contribution to the budget of the Authority for the 2011‐2012 biennium. The ceiling of 22 per cent and the floor rate of 0.01 per cent remain the same as in previous bienniums; 

(c) Urge   the members of the Authority to pay their assessed contributions to the budget on time and in full; 

(d) Recommends an increase in the Working Capital Fund as set out in paragraph 6; and 

(e) Take note with appreciation of the efforts being made by the Secretary‐General to effect savings in the budget of the Authority during the 2009‐2010 financial period. 

 

 

Annexes I, II and III  [omitted

___________

Page 37 - Microsoft Word - SD16-En-Fin

This is a SEO version of Microsoft Word - SD16-En-Fin. Click here to view full version

« Previous Page Table of Contents Next Page »