Decision ID: 003103

In October 2005 the Supplementary Fund Assembly decided that for 2006 the Supplementary Fund should pay a flat management fee of £70,000 to the 1992 Fund. It was also decided that the management fee payable by the Supplementary Fund should be reviewed annually in view of changes in the total running costs of the joint Secretariat and the amount of work required of the Secretariat in the operation of the Supplementary Fund. It was noted that the 1992 Fund Assembly had agreed at its 10th session to the above management fee payable by the Supplementary Fund to the 1992 Fund.

Date: 30.09.2005
Categories: Administrative matters, Financial matters
Subjects: Secretariat and Headquarters matters, Sharing of joint administrative costs between the 1992 Fund, the 1971 Fund and the Supplementary Fund, Sharing of joint administrative costs between the 1992 Fund, the 1971 Fund and the Supplementary Fund