Decision ID: 003423

In October 1995 the 1971 Fund Assembly endorsed the Director’s proposal that the joint administrative costs of the 1971 Fund and the 1992 Fund should be apportioned acccording to a simple formula. It was agreed that a certain flexibility should be allowed in the apportionment of costs incurrred in the handling of incidents involving both Organisations, but that the most appropriate method might be to share the costs on the basis of the ultimate liabilities of the two Funds in respect of the incident in question.

Date: 30.09.1995
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