Decision 49/35

Following the discussion, the Executive Committee decided:

1. To take note of the Fund’s 2005 provisional accounts as contained in document UNEP/OzL.Pro/ExCom/49/41;
2. To note that the 2005 final accounts of the Fund would be submitted to the Committee at the 50^th Meeting taking into account adjustments for prior years;
3. To note the actions taken by the Treasurer to reflect adjustments resulting from the reconciliation of the 2003 -2004 accounts exercise;
4. To request the Treasurer to make the necessary adjustments in 2006 to transfer bank charges on transfers made by the Treasurer to the implementing agencies from the Secretariat budget to the administrative costs, or as directed by the Executive Committee;
5. To take note of the Treasurer’s report on the audit of the Multilateral Fund accounts and the possibility that a separate audit of the financial statements of the Multilateral Fund might take place;
6. To take note of the additional information provided on the outstanding contributions from countries with economies in transition and disputed contributions from countries not belonging to this category; and
7. To note the explanations provided in respect of the submissions of the implementing agencies’ provisional accounts to the Executive Committee.