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The Forty-fourth Meeting of the Executive Committee decided:
(a) to take note of the report on the 2003 accounts of the Multilateral Fund contained in document UNEP/OzL.Pro/ExCom/44/65/Rev.1;
(b) to continue with the particular practice of recording any changes reported by Implementing Agencies to a previous period’s expenditures as part of the current period’s transactions as a result of the reconciliation exercise between the Treasurer and the Implementing Agencies, without prejudice to existing United Nations financial rules and regulations;
(c) to note that, notwithstanding UNEP’s policy regarding its own fund to the effect that any pledges to the Fund remaining unpaid after four years were written off with the approval of the Governing Council, in the case of the Multilateral Fund, any decision on writing off such unpaid amounts would remain the responsibility of the Meeting of the Parties; and
(d) to direct the Treasurer to review the pertinent aspects of the Implementing Agency agreements to address the issue of new cash advances being granted to Implementing Agencies when old ones had not been fully accounted for.
(UNEP/OzL.Pro/ExCom/44/73, Decision 44/54, para. 210).
(Supporting document: UNEP/OzL.Pro/ExCom/44/65/Rev.1).
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