Working Capital Fund

A/RES/473(V)No PDF available

Who created this mandate?

A Resolution of the General Assembly, published in 1951.

What other versions does this mandate have?

4 versions · 1947–1951

1951A/RES/473(V)Working Capital FundLatestCompare with previous version
1949A/RES/358(IV)Working Capital FundCompare with previous version
1948A/RES/252(III)[B]Working Capital FundCompare with previous version
1947A/RES/166(II)[C]Working Capital Fund

Versions are identified automatically by matching titles within the same organ (~97% accuracy on a manual audit).

What subjects does this mandate have?

14 topics

Appropriations Budget Contributions Cash Management Financing Funds Housing Subsidies Loans Palestine Refugees Reconstruction Refugee Assistance Reimbursement Republic of Korea Reserve Assets Tax Reimbursement

What does this mandate say?

7 operative paragraphs

The \Vorking Capital Fund shall be maintained to 31 December 1951 at the amount of $US 20,000,000;

\fr111hers shall make ad,·ances to the Working Capital Fund in accordance with the scale24 adopted by the General Assembly for contributions of '.\{embers to the sixth annual budget;

Then' shall he set off against this new allocatio11 of ac\y;rnces the ;mHHmts paid hy \frrnhers to the \Vorkinf.; Capital 1:1111<1 for the fi11ancial year 1()50: pn1\'ided th:it. should the a(h·;rncc paid bv ai1y 1-femher to the \\'orking Capital Fn11cl for the financial year ]()SO cxccnl the amount of that l\femher's advance 1111dn the pnwision of paragraph 2 hereof, the excess shall lw set off against the amount of contributions payable ll\· that J\Iemher in rrspect of the sixth annual budget, or :rny prc,·ious budget ;

The Secretarv-General is authorized to advancr irom the \Vorking' Capital Fund:

Such sums as may he necessary to finance lmdgetan· appropriations pending receipt. of contrilmtions, sums so ach·ancecl shall he reimhursrd as soon a;; receipts from contributions are ayailable for the purpose;

( h) Such srnns as may he nccessarv to financ-e corn• mitments which may he

( c) Such sums as, together with net sums outstanding for the same purposes, do not exceed $250,000 to continue the renilving fund to finance miscellaneous self-liquidating purchases and activities. Advances in excess of the total of $250,000 may be made with the prior concurrence of the Advisorv· Committee on Administrative and Budgetary Questions. The Secrrtarv- General shall submit. with the annual accounts, an explanation of the ontstanding balance of the revolving itmds at the l'nd of each year;

( d) Loans to specialized agencies and preparatorv commissions of agencies to he established hv intergovernmental agreement under the auspices· of the United Natio~1s to nnance their work, pending receipt hv the :,genc1es concerned of sufficient contributions nnder their own budgets. 111 making such loans, which -;_hall norm~lly he repayable within two years, the Secretary-( ,eneral shall have regard to the proposed finar!cial resources of the agency concerned, and shall ol'.ta111 the pri~r. con~urrence of the Advisory Committee on Adn11111strative and Budgetarv Questions for any cash issues ,vhich ,vould increas; the aggregate !,;dance ontstan,ling ( including amounts previouslv advanced and outstanding) at any one time to an amount in excess of $3,000,000, and for any issue which would mcn:ase the balance outstanding (including amounts prenously advanced and O\ltstanding) in respect of any one agrncy to an amount 111 excess of $1,000,000; . ( c) Such s11!lls as, togethci: with the sums prevH,usly advanced and outstanding for the same purpose, do not exceed $500,000 to continue the Staff Housing Fund in orde: to finance advance rental payment, guarantee deposits and working capital require-

"' See resolution 462 (V), page 64.

"'' See resolution 472 (V) (this page).

ments for housing the staff of the Secretariat. Such advances shall be reimbursed to the Working Capital Fund following the recovery of rental advances, guarantee deposits and working capital advances;

Such sums, if any, as may be necessary to reimburse staff members for national income taxes paid by them in respect of payments received from the United Nations during 1951, or in respect of prior years for which reimbursement has not previously been made;

In consultation with the Advisory Committee on Administrative and Budgetary Questions, such sums deemed to be available for this purpose and not exceeding $5,000,000 for assistance to Palestine refugees, to be repaid not later than 31 December 1951 in accordance with the provisions of the resolution20 adopted by the General Assembly at its 315th plenary meeting on 2 December 1950;

( h) In consultation with the Advisory Committee on Administrative and Budgetary Questions, sums up to $1,000,000 for the programme of relief and rehabilitation of Korea, repayable by 31 July 1951, these stuns to include such charges for relief and rehabilitation oi Korea as may have been incurred by the Working Capital Fund in 1950 for reimbursement from the special account established in accordance with the provisions of the resolution" 7 adopted by the General Assembly at its 314th plenary meeting on 1 December 1950.

3:}6th plenary meeting,

15 December 1950.

26 See resolution 393 (V), page 22.

27 See resolution 410 (V), page 31. 4,74 (V).

Emoluments of the Judges and of the Registrar of the International Court of Justice

The General Assembly N,·soh•es that the emoluments of th(' J ndges and of the Registrar of the ] nternational Cu11rt of Justice ~hall be fixed according to the following scale:

!'resident:

Annual ,alar,· :-;pe,·ial allO\~ :nh:c Vice-President:

Annual sabrv .\llowance · equivalent to $30 for ,,,·,irv clav 1111 which he d, 111· up !ll :, rnaxmmm n f $3,000 p,·r

'.\lemlwr,:

A1mual salar-' l 11dges referred t" in Article 31 of thl' :-;1atutc:

,·xnci.sc· th('ir f1111ctillns, plus ;1 daily s11ii,isl-

Registrar:

Salary am! related enrnluments equivalent those· of a l'rincipal Dire,tnr, ad_iw,tcd i11 ac- Cllrdan,T vvith such rliff Prcntial :1s may ])(' ap pli,·d tll the st:1ff nf the Registry at The Hague.

326th plenary ml'eling,

15 December ]()50.

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