30. The Executive Committee also discussed the extent to which the Chief Officer should be given flexibility to switch expenditure between budget lines in the light of circumstances and, if so, within what limits. It decided that he should have complete flexibility within each component (2-figure code) but not between components. If the Chief Officer faced a situation in which he considered it desirable to switch funds between components, he could do so up to a limit of 20 per cent of the component budget allocation, but for greater amounts he should seek the approval of the Executive Committee. In that way his flexibility would be combined with an appropriate measure of accountability.
Decision in paragraph 30 in UNEP/OzL.Pro/ExCom/3/18/Rev.1
April 1991
Budget of the Fund Secretariat