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The Multilateral Fund shall be financed by contributions from Parties not operating under paragraph 1 of Article 5 in convertible currency or, in certain circumstances, in-kind and/or in national currency, on the basis of the United Nations scale of assessments.
(UNEP/OzL.Pro/2/3 Decision II/8, para. 7).
The Sixth Meeting of the Parties decided, regarding developing-country Parties which are initially classified as not operating under Article 5 and then reclassified, that any outstanding contribution to the Multilateral Fund will be disregarded only for the years in which they are reclassified as operating under Article 5. Any Party reclassified as operating under Article 5 will be allowed to utilize the remainder of the 10-year grace period.
(UNEP/OzL.Pro/6/7 Decision VI/5, para. d).
Contributions from States that become Parties not operating under paragraph 1 of Article 5 after the beginning of the financial period of the Mechanism shall be calculated on a pro rata basis for the balance of the financial period.
(UNEP/OzL.Pro/2/3 Appendix IV of Decision II/8, para. 10).
Any developing-country Party initially classified as non-Article 5 but reclassified subsequently as operating under Article 5 shall not be requested to contribute to the Multilateral Fund. Such Parties are urged not to request financial assistance for national programmes from the Multilateral Fund but may seek other assistance under Article 10 of the Montreal Protocol. This will not apply if the initial classification of the Party as non-Article 5, made in the absence of complete data, is subsequently proved to be wrong on the basis of complete data.
(UNEP/OzL.Pro/6/7 Decision VI/5, para. e).
The Eighth Meeting of the Parties decided that, with effect from 1997, contributions to the Multilateral Fund concern only Parties not operating under Article 5 that are Parties to the London Amendment to the Montreal Protocol.
(UNEP/OzL.Pro.8/12, Decision VIII/6).
No commitments shall be made in advance of the receipt of contributions, but income not spent in a budget year and unimplemented activities may be carried forward from one year to the next within the financial period.
(UNEP/OzL.Pro/2/3 Appendix IV of Decision II/8, para. 19).
Contributions not immediately required for the purposes of the Multilateral Fund shall be invested under the authority of the Executive Committee and any interest so earned shall be credited to the Multilateral Fund.
(UNEP/OzL.Pro/2/3 Appendix IV of Decision II/8, para. 11).
Budget estimates, setting out the income and expenditure of the Multilateral Fund shall be drawn up by the Executive Committee and submitted to the meetings of the Parties. The proposed budget estimates shall be dispatched by the Fund Secretariat to all Parties at least 60 days before the date fixed for the opening of the meeting of the Parties at which they are to be considered.
(UNEP/OzL.Pro/2/3 Appendix IV of Decision II/8, para. 12, 13).
In the event that the Chief Officer of the Fund Secretariat anticipates that there may be a shortfall in resources over the financial period as a whole, he shall have discretion to adjust the budget approved by the Parties so that expenditures are at all times fully covered by contributions received.
(UNEP/OzL.Pro/2/3 Appendix IV of Decision II/8, para. 18).
(Supporting document: UNEP/OzL.Pro/2/3 Annex IV, Appendix IV).
The Twenty-sixth Meeting of the Executive Committee decided to urge those Parties that had not yet done so to pay their outstanding contributions to the Fund.
(UNEP/OzL.Pro/ExCom/26/70, Decision 26/1, para. 13(a)).
The Twenty-seventh Meeting of the Executive Committee decided to urge those Parties that had not yet done so to pay their outstanding contributions to the Fund.
(UNEP/OzL.Pro/ExCom/27/48, Decision 27/1, para. 193(c)).
The Twenty-eighth Meeting of the Executive Committee decided to urge those Parties that had not yet done so to pay their outstanding contributions to the Fund.
(UNEP/OzL.Pro/ExCom/28/57, Decision 28/1, para. 13(a)).
The Twenty-ninth Meeting of the Executive Committee decided to request the Meeting of the Parties to urge Parties to pay their contributions to the Fund promptly and in full.
(UNEP/OzL.Pro/ExCom/29/65, Decision 29/2, para. 17(a)).
The Thirtieth Meeting of the Executive Committee decided to urge those Parties that had not yet done so to pay their outstanding contributions to the Fund.
(UNEP/OzL.Pro/ExCom/30/41, Decision 30/5, para. 20(b)).
The Thirty-first Meeting of the Executive Committee decided to urge those Parties that had not yet done so to pay their outstanding contributions to the Fund.
(UNEP/OzL.Pro/ExCom/31/61, Decision 31/1, para. 15(b)).
The Thirty-fifth Meeting of the Executive Committee decided to urge those Parties that had not yet done so to pay their outstanding contributions to the Fund.
(UNEP/OzL.Pro/ExCom/35/67, Decision 35/1, para. 24(b)).
The Thirty-seventh Meeting of the Executive Committee decided:
(b) to note that the current year’s rate of payment of contributions appeared slightly slower than the previous year;
(c) to express gratitude to Parties that had made their contributions on time.
(UNEP/OzL.Pro/ExCom/37/71, Decision 37/2, para. 27 (b), (c)).
The Fortieth Meeting of the Executive Committee decided:
(c) to urge those Parties that had not yet done so to make their contributions in a timely manner;
(d) to request the Treasurer:
(i) to remind Parties of the need for early payment of their contributions;
(ii) to include footnotes in the report to indicate the provisional nature of the unreconciled financial accounts; and
(iii) to report on how the financial accounts were to be reconciled as well as on how this reconciliation might be effected as early in the year as possible.
(UNEP/OzL.Pro/ExCom/40/50, Decision 40/2, para. 25 (c, d)).
The Forty-first Meeting of the Executive Committee decided:
(c) to note the reduction in the amount of losses from use of the fixed exchange rate mechanism and from the process for encashing promissory notes;
(d) to request contributing Parties to cooperate with the Treasurer to facilitate the timely encashment of promissory notes;
(e) to note that the cooperation of Parties’ financial authorities in sending written notification of payment to the Treasurer would be greatly appreciated;
(f) to urge those Parties that had not yet done so to make their contributions in a timely manner;
(g) to note with appreciation the contribution of Azerbaijan and encourage other Parties to follow the example it had set;
(h) to urge Parties with contributions that were long overdue to comply with paragraph 7 of Decision XI/7 of the Eleventh Meeting of the Parties.
(UNEP/OzL.Pro/ExCom/41/87, Decision 41/2, para. 30 (c to h)).
The Forty-second Meeting of the Executive Committee decided:
(d) to note with appreciation the updated information on the status of payments provided by number of countries during the Meeting;
(e) to urge those Parties that had not yet done so to make their contributions in a timely manner; and
(f) to urge Parties with contributions that were long overdue to comply with paragraph 7 of Decision XI/7 of the Eleventh Meeting of the Parties.
(UNEP/OzL.Pro/ExCom/42/54, Decision 42/2 (d, e, f), para. 28 (d-f)).
The Forty-third Meeting of the Executive Committee decided:
(c) to urge those Parties that had not yet done so to make their contributions in a timely manner; and
(d) to urge Parties to make contributions by 1 June each year, and, if that was not possible, to notify the Treasurer in accordance with paragraph 7 of decision XI/6 of the Eleventh Meeting of the Parties.
(UNEP/OzL.Pro/ExCom/43/61, Decision 43/1 (c, d), para. 25).
The Sixteenth Meeting of the Parties decided to urge those Parties to pay their outstanding contributions to the Multilateral Fund as soon as possible, in view of the current compliance needs of Parties operating under Article 5 of the Montreal Protocol.
(UNEP/OzL.Pro.16/17, Decision XVI/37).
The Forty-fourth Meeting of the Executive Committee decided:
(a) to note:
(i) with appreciation the report of the Treasurer, including the tables showing the updated status of the Fund as at 29 November 2004;
(ii) the information provided by the Secretariat concerning the contributions from the Russian Federation and accordingly to request the Secretariat to communicate with the Government of the Russian Federation on the issue of their contributions; and
(b) to provide copies of the decision of the most recent Meeting of the Parties relating to outstanding contributions to those Parties that had never paid their contributions to the Multilateral Fund or had done so at an amount inferior to one annual contribution.
(UNEP/OzL.Pro/ExCom/44/73, Decision 44/1, para. 30).
(UNEP/OzL.Pro/ExCom/45/55, Decision 45/2, para. 26 (b)).
The Forty-sixth Meeting of the Executive Committee decided to take note, with appreciation, of the report of the Treasurer, including the tables showing the updated status of the Fund and the ledger on the issuing, receipt and encashment of promissory notes as at 30 June 2005.
(UNEP/OzL.Pro/ExCom/46/47, Decision 46/1, para. 22).
The Forty-ninth Meeting of the Executive Committee decided:
(b) to note with concern that US $95,637,792 in promissory notes had not been encashed, representing approximately two thirds of the Fund’s annual budget;
(c) to note with concern that no feedback had been provided to the Treasurer on his request to accelerate the encashment of promissory notes;
(d) to urge countries holding promissory notes to take the necessary action to accelerate their encashment before the 50th Meeting of the Executive Committee;
(e) to note the list of countries opting to use the fixed-exchange-rate mechanism facility for their contributions to the Fund for the triennium 2006-2008 as at 7 July 2006, contained in the Appendix to Annex I to the present report; and
(f) to note that from 2006 onwards, the Government of Sweden would be devoting its entire contribution to the Fund as a multilateral contribution.
(UNEP/OzL.Pro/ExCom/49/43, Decision 49/2, para. 34 (b) to (f)).
The Fiftieth Meeting of the Executive Committee decided:
(a) to note:
(i) the report of the Treasurer on the status of contributions and disbursements contained in the Final Report;
(ii) the intersessional approval of US $2 million plus US $0.1 million in support costs for the World Bank towards Argentina’s CFC production closure project;
(iii) that US $67,735,710 of promissory notes had been encashed since the 49th Meeting of the Executive Committee;
(iv) With appreciation that US $51,234,834 related to accelerated encashment of notes by France and the United Kingdom;
(b) to urge the remaining countries holding promissory notes to take the necessary action to accelerate their encashment and to encash those promissory notes issued by 31 December 2005 before the 51st Meeting of the Executive Committee;
(c) to encourage Parties with outstanding contributions to pay them at their earliest convenience and in this regard to note with concern that several Parties had not responded to the Treasurer’s request to provide information on when they would make their outstanding payments in line with decision XI/6, paragraph 7, of the Eleventh Meeting of the Parties; and
(d) to note the updated list of countries opting to use the fixed-exchange-rate mechanism facility in making their contributions to the Fund for the triennium 2006-2008 as at 6 November 2006.
(UNEP/OzL.Pro/ExCom/50/62,Decision 50/1 para. 31).
The Fifty-second Meeting of the Executive Committee decided:
(b) in accordance with decision XI/6 of the Eleventh Meeting of the Parties, to urge all Parties to pay their contributions to the Multilateral Fund in full, as early as possible, and no later than 1 June of each year. Parties unable to make their contributions by 1 June should notify the Treasurer as to when during the calendar or fiscal year their payment would be made, but contributing Parties should strive to make their contributions no later than 1 November of that year; and
(c) to thank those Parties that had already made their contributions for 2007, in light of the relatively high rate of payment recorded at the second Executive Committee Meeting of the year as compared with previous years.
(UNEP/OzL.Pro/ExCom/52/55, Decision 52/1, para. 27 (b) and (c)).
The Fifty-third Meeting of the Executive Committee decided to urge all Parties to pay their contributions to the Multilateral Fund in full and as early as possible.
(UNEP/OzL.Pro/ExCom/53/67, Decision 53/1, para. 26 (b)).
The Fifty-fourth Meeting of the Executive Committee decided:
(b) to urge all Parties to pay their contributions to the Multilateral Fund in full and as early as possible, particularly as the current year was the last year of the current replenishment period; and
(c) that the report of the Executive Committee to the Meeting of the Parties should emphasize the Committee’s concerns in relation to the arrears in contributions to the Multilateral Fund in light of the 2010 phase-out target.
(UNEP/OzL.Pro/ExCom/54/59, Decision 54/2 para.30 (b) and (c))
The Fifty-fifth Meeting of the Executive Committee decided to urge all Parties to pay their contributions to the Multilateral Fund in full and as early as possible, particularly as the current year was the last year of the current replenishment period.
(UNEP/OzL.Pro/ExCom/55/53, Decision 55/1 para.24(b))
The Fifty-sixth Meeting of the Executive comité decided:
(a) to note the report of the Treasurer on the status of contributions and disbursements, the information on promissory notes and the list of countries using the fixed-exchange mechanism during the 2006-2008 triennium as contained in Annex I to the present report;
(b) to urge all Parties to pay their contributions to the Multilateral Fund in full and as early as possible, considering that the present Meeting was the last Meeting of the last year of the current replenishment period; and
(c) that, in accordance with decision 54/2, the report of the Executive Committee to the Meeting of the Parties should provide information on the arrears in contributions to the Multilateral Fund.
(UNEP/OzL.Pro/ExCom/56/64, Decision 56/64 para 26)
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