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34 

ISBA/16/A/10 Decision of the Assembly of the International Seabed Authority 

relating to the budget of the Authority for the financial period 2011 to 2012

   

  

Date: 6 May 2010 

129th meeting    [ISBA/16/A/L.3] 

  

The Assembly of the International Seabed Authority taking into account the recommendations of the Council , 1   

1.  Adopts  the budget of the Authority for the financial period 2011‐2012 in the amount of $13,014,700;  

2.  Authorizes  the Secretary‐General to establish the scale of assessments for 2011 and 2012 based on the scale used for the regular budget of the United Nations for 2010, taking into account that the maximum assessment rate will be 22 per cent and the minimum rate 0.01 per cent and that the rate of 16.587 per cent shall be applied in assessing Japan’s contribution to the budget of the Authority for 2011 and 2012;  

3.  Also   authorizes  the Secretary‐General, for 2011 and 2012, to transfer between appropriation sections up to 20 per cent of the amount in each section;  

4.  Urges  the members of the Authority to pay their assessed contributions to the budget on time and in full;  

5.  Decides  to increase the level of the Working Capital Fund to $560,000 as set out in paragraph 6 of the report of the Finance Committee (ISBA/16/A/5‐ISBA/16/C/8) on the understanding that such additional advances to the Working Capital Fund as may be necessary will be spread over the next two financial periods;  

6.  Appeals  to all members of the Authority to contribute to the International Seabed Authority Endowment Fund for Marine Scientific Research and to the Voluntary Trust Fund;  

7.  Invites  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. 

___________ 

 

ISBA/16/A/11 Decision of the Assembly of the International Seabed Authority 

relating to the election to fill the vacancies on the Council of the Authority, in accordance with article 161, paragraph 3, of the United Nations Convention on the Law of the Sea

   

  

Date: 7 May 2010 

130th meeting    [ISBA/16/A/L.4] 

  

The Assembly of the International Seabed Authority ,  

  Recalling  that, in accordance with article 161, paragraph 3, of the United Nations Convention on the Law of the Sea,  

“Elections shall take place at regular sessions of the Assembly. Each member of the Council shall be elected for four years”, __________ 

1.  ISBA/16/C/10

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