Working Capital Fund for the Financial Year 1961

A/RES/1586(XV)No PDF available

Who created this mandate?

A Resolution of the General Assembly, published in 1961.

What else is in this group?

25 documents · 1952–1973

Newer documents in this group exist (latest: 1973).

1973A/RES/3046(XXVII)Working Capital Fund for the financial year 1973Compare with earlier document
1972A/RES/2901(XXVI)Working Capital Fund for the financial year 1972Compare with earlier document
1971A/RES/2740(XXV)Working Capital Fund for the financial year 1971Compare with earlier document
1970A/RES/2615(XXIV)Working Capital Fund for the financial year 1970Compare with earlier document
1969A/RES/2484(XXIII)Working Capital Fund for the financial year 1969Compare with earlier document

This group bundles related documents that are not individually ordered.

Grouped automatically by matching titles within the same organ.

What subjects does this mandate have?

3 topics

Budget Contributions Cash Management Loans

What does this mandate say?

15 operative paragraphs

The Working Capital Fund shall be established

iii

The maintenance in office of judges who have for the year ending 31 December 1961 at an amount oi not been re-elected ( Statute, Art. 13, para. 3),

US25 million, to be derived:

not exceeding a total of $40,000;

As to $23,920,842, from cash advances by Mem-

The holding of sessions of the Court away from bers in accordance with the provisions of paragraphs The Hague ( Statute, Art. 22), not exceeding 2 and 3 below :

a total of $75,000;

As to $1,079,158, by transfer from surplus

The payment of pensions and travel and removal account as follows :

expenses of judges not re-elected, and travel

$551,170 being the balance of surplus account and removal expenses of new members of the Court, not exceeding a total of $57,000;

as at 31 December 1957 not applied against Members' assessments in accordance with Gen-

( c) Such commitments not exceeding a total of eral Assembly resolution 1340 (XIII)

of $25,000 as may be authorized by the Secretary-General 13 December 1958, in accordance with paragraph 4 of General Assembly resolution 1202 (XII) of 13 December 1957 relating

$527,988 being the balance of surplus account to the pattern of conferences;

as at 31 December 1958, not applied against

General Assembly -

Member's assessments in accordance with General Assembly resolution (XIV)

of 5 December 1959;

Members shall make cash advances to the Working Capital Fund as required under p~ragraph 1 (a) above in accordance with the scale adopted by the General Assembly for contribution of Members to the budget for the financial year 1961 ;

There shall be set off against this allocation of advances the amounts paid by Members to the Working Capital Fund for the financial year 1960 under General Assembly resolution 1445 (XIV) provided that, should such advance paid by any Member to the Working Capital Fund for the financial year 1960 exceed the amount of that Member's advance under the provisions of paragraph 2 above, the excess shall be set off against the amount of contributions payable by that Member in respect of the budget for the financial year 1961, or any previous budget;

The Secretary-General is authorized to advance from the Working Capital Fund:

Such sums as may be necessary to finance budgetary appropriations pending receipt of contributions; sums so advanced shall be reimbursed as soon as receipts from contributions are available for the purpose;

( b) .Such sums as may be necessary to finance commitments which may be duly authorized under the provisions of General Assembly resolution 1585 (XV) of 20 December 1960, relating to unforeseen and extraordinary expenses; the Secretary-General shall make provision in the budget estimates for reimbursing the Working Capital Fund;

( c) Such sums as, together with net sums outstanding for the same purpose, do not flxceed $125,000, to continue the revolving fund to finance miscellaneous self-liquidating purchases and activities; advances in excess of the total $125,000 may be made with the prior concurrence of the Advisory Committee on Administrative and Budgetary Questions ;

( d) Loans to specialized agencies and preparatory commissions of agencies to be established by intergovernmental agreement under the auspices of the United Nations to finance their work, pending receipt by the agencies concerned of sufficient contributions under their own budgets ; such loans sha!l normally be repayable within two years, and the Secretary-General shall obtain the prior concurrence of the Advisory Committee on Administrative and Budgetary Questions for any cash issues which would increase the aggregate balance outstanding (including amounts previously advanced and outstanding) at any one time to an amount in excess of $250,000;

( e) Such sums not exceeding $35,000 as may be required to finance payments of advance insurance premiums where the period of insurance extends beyond the end of the financial year in which payment is made; this amount may be increased with the prior concurrence of the Advisory Committee on Administrative and Budgetary Questions; the Secretary-General shall make provision in the budget estimates of each year, during the life of the related policies, to cover the charges applicable to each such year ;

Such sums as may be necessary to enable the Tax Equalization Fund to meet current commitments pending accumulation of credits; such advances shall be repaid as soon as credits are available in the Tax Equalization Fund; Fifteenth Session

Such sums, not to exceed $100,000 during the period 1961 to 1964, as may be necessary to finance awards made for the international encouragement of scientific research into the control of cancerous diseases, pursuant to General Assembly resolution 1398 (XIV) of 20 November 1959; the Secretary-General shall make provision in the annual budget estimates for reimbursing the Working Capital Fund;

Should the provisions in paragraph 1 above prove inadequate to meet the purposes normally related to the Working Capital Fund, the Secretary-General is authorized to utilize in 1%1, under the conditions approved in General Assembly resolution 1448 (XIV) of 5 December 1959, cash from special funds and accounts in his custody or to seek short-term loans from Governments.

20 December 1960.

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What does this mandate say?

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