"The Security Council recalls that the Basic Agreement provides for a transitional period of 12 months which may be extended at most to another period of the same duration if so requested by one of the parties. It stresses the importance it attaches to UNTAES being able to complete its mandated tasks, including the organization of elections as provided for in the Basic Agreement, promptly and in full. These tasks are, as the Secretary-General notes, the building blocks for the difficult process of reconciliation. To that end, the Council affirms its readiness to consider, at an appropriate time, extending the duration of the mandate of UNTAES, on the basis of the Basic Agreement, its resolution 1037 (1996), and a recommendation from the Secretary-General.