Decision ID: 003114

In October 2005 the 1971 Fund Administrative Council decided that for 2006 the 1971 Fund should pay a flat management fee of £275,000 to the 1992 Fund. It was also decided that the management fees payable by the 1971 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 1971 Fund. It was noted that the 1992 Fund Assembly had agreed at its 10th session to the above management fee payable by the 1971 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

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