Council Resolution 95-03
Annex C
Montreal, May 18 1995
Carry Over of 1994 Balance of Funds
THE COUNCIL:
Noting that Rule 6.2 (b) of the Financial Rules stipulates that the General Fund shall be credited with “previous year’s funds not exceeding 5% of the previous year’s budget”;
Exceptionally authorizes the Secretariat to carry over the totality of the unused funds from the 1994 Budget to the 1995 Budget.
Approved on behalf of Council:
José Luis Samaniego (Mexico)
William Nitze (United States)
Tony Clarke (Canada)
Certified by:
_____________________
Victor Lichtinger
Executive Director
Carry Over of 1994 Balance of Funds