Decision ID: 002655

In October 1998 the 1992 Fund Assembly authorised the Director to make the necessary decisions with regard to relocation of the Funds’ offices, after consultation with the Chairmen of the Assemblies and Executive Committees of the 1992 Fund and the 1971 Fund. The Assembly also authorised the Director to use £400,000 in 1999 for expenses in connection with the office relocation and the increased cost of running the Secretariat as a result thereof, and decided that an appropriation to that effect should be included in a new Chapter VII of the 1999 budget, the amount to be split 50:50 between the two Organisations. It was noted that the 1971 Fund Executive Committee had at its 59th session approved the same additional appropriation and had agreed to the 50:50 distribution between the two Organisations. The 1992 Fund Assembly authorised the 1992 Fund Executive Committee to take any necessary decisions of a financial nature on its behalf relating to the office relocation.