Following a discussion, the Executive Committee decided:
(a) To note with appreciation the Treasurer’s report, including tables showing the updated status of the Fund as at 22 November 2002 and reproduced in Annex I to the present report;
(b) To request the Treasurer:
(i) To include an explanatory section on“Methodology and Assumptions” with future reports;
(ii) To carry out a reconciliation every year;
(iii) To include in his report to each meeting of the Executive Committee the value of the promissory notes as at the date of that meeting.