Decision ID: 002951

In May 2004 the 1992 Fund Assembly agreed that in respect of the majority of States Party to the Supplementary Fund Protocol, the Supplementary Fund could simply accept oil reports made under the 1992 Fund Convention, but that it would be necessary for the Supplementary Fund to issue its own reporting form for use in those cases where the quantities of oil subject to contributions levied by the 1992 Fund and the Supplementary Fund were not identical. It was also agreed that it would be necessary to make modifications to the 1992 Fund reporting form so that States could indicate whether a report to the 1992 Fund should be considered as a report to the Supplementary Fund also. The Assembly instructed the Director to submit drafts of the oil reporting forms and explanatory notes for use by the two Funds for consideration by their respective Assemblies.