Decision ID: 003595

In October 2008 the 1971 Fund Administrative Council decided that the 1971 Fund should pay a flat management fee of £210 000 to the 1992 Fund for the financial year 2009. It was noted that the 1992 Fund Assembly and the Supplementary Fund Assembly had agreed, at their 13th and 4th sessions respectively, to the apportionment of the joint administrative costs proposed by the Director.

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