Following consideration of the project proposal and discussions on other conditions that could be linked to the approval of funds, as well as on the importance of compliance and the status of the licensing system, the Executive Committee decided:
- To approve funds for the third tranche of the national phase-out plan for Bosnia and Herzegovina, at the amount of US $303,000 plus agency support costs of US $22,725 for UNIDO, as indicated below, with disbursement contingent on the Fund Secretariat determining, based on reports from UNIDO, that the following conditions had been fulfilled:
- Release of US $90,900 upon acceptance of a Government-supported action plan targeted to achieve the phase-out objectives in the shortest possible time frame;
- Release of US $60,600 upon acceptance of a brief report that at least two training courses for customs officers had been carried out, and after reaching the milestone mentioned under subparagraph (i) above;
- Release of US $75,750 upon acceptance of a report on the establishment of the regulations necessary for the full implementation of the ozone legislation and for a licensing system for import of ozone-depleting substances (ODS) and ODS-containing equipment, and after reaching the milestone mentioned under subparagraph (ii) above;
- Release of the remaining funds upon acceptance of an implementation report describing the completion of the activities from previous annual plans, in particular training of refrigeration technicians, provision of tools and other measures in the refrigeration service sector, and after reaching the milestone mentioned under subparagraph (ii) above; and
- To request UNIDO to provide a status report to the 54th Meeting on the progress made in preparing an action plan, training customs officers, and completing activities in previous annual plans, and on the progress made in fully implementing the ozone legislation.