The Thirteenth Meeting of the Executive Committee approved a US $450,000 reimbursable cash advance to the Ozone Secretariat to enable it to facilitate the study on the Financial Mechanism, and requested the Sixth Meeting of the Parties to the Montreal Protocol to arrange to reimburse the funds to the Multilateral Fund within the course of the 1995 financial year. The Executive Committee placed on record the fact that the cash advance should not set a precedent for similar demands in the future for cash advances from the Multilateral Fund.
(UNEP/OzL.Pro/ExCom/13/47, para. 37).
The Sixth Meeting of the Parties took note of the ongoing reviews under paragraph 8 of Article 5 of the Montreal Protocol and decided:
(a) to approve the loan of US $450,000 from the Multilateral Fund to the Secretariat as a one-time measure to facilitate the review of the Financial Mechanism; and
(b) to repay the loan to the Multilateral Fund through necessary additional contributions to the Trust Fund for the Montreal Protocol as proposed in the revised budget for 1994 and 1995.
(UNEP/OzL.Pro/6/7 (paras. 1, 2).