Decisión nº: 000834

In October 1997 the 1971 Fund Executive Committee elected Mr W J G Oosterveen (Netherlands) as Chairman and Professor L S Chai (Republic of Korea) as Vice-Chairman to hold office until the next regular session of the Assembly. The election of these officers was made on the understanding that, since the Netherlands and the Republic of Korea would not be members of the 1971 Fund after 15 May 1998, the elected officers would not be able to exercise their respective functions after that date and that consequently a new election of officers would then have to take place.