Decision 53/41

The Executive Committee decided:

1. To note the audited financial statement of the Multilateral Fund as at 31 December 2006;
2. To note the auditors’ request that the attention of the Meeting of Parties should once again be drawn to the necessity to declare as bad debts the longest-standing and largest debit balances;
3. To request the Treasurer to advise the auditors to treat as closed their observations and recommendation on long-outstanding debts, considering the fact that the Executive Committee had already drawn the Parties’ attention to the matter in its report to the Nineteenth Meeting of the Parties; and
4. To request the Treasurer to record in the 2007 accounts the differences between the agencies provisional and final 2006 accounts as reflected in Tables 1 and 2 of document UNEP/OzL.Pro/ExCom/53/64.