Article 25 An enterprise shall set up and perfect the inventory management system, standardize the procedures of examination and approval and execution of inventory purchase, and pay the price of goods under the contract and the internal examination system.

The Registrar shall maintain a record in the accounts of all commitments for future financial periods (rule 111.7) which shall constitute the first charges against relevant appropriations once these are approved by the Meeting of States Parties.

B. Examination of demand and payment

(iv) the amounts charged against those appropriations and or other credits.

Budget making and the process of budget approval, including determination of which institutions will have power to approve the budget.

The Panel reviewed 18 claims for D10 (payment or relief to others) losses in this instalment.

The appropriation constitutes an authorization to the Executive Director to incur obligations and to make payments for the purposes for which the appropriations were approved and up to the amount so approved.

Audit of compensation award payments

The External Relations Office at headquarters is closely monitoring advance authorizations and is constantly in touch with donors regarding unpaid pledges.

Negotiable instruments and other non payment obligations

The grants approved should be paid in February March 2006.

The Commission called upon those who owed funds to the Agency to make payments promptly, both to ease the Agency apos s cash flow situation and to allow UNRWA to meet its obligations.

Option 3B process for review and approval of the terms of reference by the International Atomic Energy Agency

The banks' projects reflect multi year commitments recorded in the year in which they are approved but disbursed over several years.

40. As regards the beneficiary, the process of demanding and obtaining payment involves presenting a demand for payment and any accompanying documents in accordance with the terms of the undertaking.

4.7 The Registrar shall prudently manage the appropriations.

(ii) Each quarter, claimants with outstanding amounts smaller than 500 million and awards approved for the third, fourth and fifth instalments of category F4 environmental remediation claims, will receive rounds of payments of 2 million, or the unpaid balance of the award, if less, in the order in which they have been approved, until all available amounts in the Compensation Fund have been exhausted.

3. Further standardize and electronize the process of individual case applications and approvals to reduce human error

Payment or relief to others None of the claims in this instalment seek compensation for payment or relief to others.

Appropriation of this amount for the biennium 2006 2007 would be considered by the General Assembly in accordance with the procedures for the use and operations of the contingency fund.

The draft decision submitted by the Chairman following informal consultations was before the Committee (see A C.5 60 L.22, sect.

Article 24 An enterprise shall set up a financial examination system on contract and clarify the operational flow and power limits of examination so as to carry out financial supervision.

An examination of payments for rations indicated that discounts of more than 700,000 could have been received if payment had been made promptly.

Also relevant is the number of transactions or tasks required to complete the procurement process from authorization to payment and closure of accounts.

Any additional appropriations for the biennium 2006 2007 would be considered by the Assembly in accordance with the procedures for the use and operation of the contingency fund.

30. Formal responsibility for authorizing the trust fund projects was vested in a Project Review Group, but operational management, including authorization of expenditure, was vested in the one individual who managed the Trust Fund Unit, who helped to write proposals and was responsible for authorizing payments and verifying that the work had been completed.

Any additional appropriations for the biennium 2006 2007 would be considered by the Assembly in accordance with the procedures for the use and operation of the contingency fund.

OIOS reviewed the contractor's invoices submitted for payment and observed that the review process of the capital master plan office was not adequate.

The Board of Auditors concluded that procedures were in place to avoid overpayments and duplicate payments.

An examination of payments for rations indicated that discounts of more than 700,000 could have been received if payment had been made promptly.

In addition, a comprehensive review of the receivable and payable accounts is being conducted to prevent netting off of the accounts payable against the accounts receivable and vice versa.

Furthermore, those projections are highly dependent on the actual amount and timing of payments by Member States.

However, should the Department of Management wish to reuse the unused obligation, the Secretary General should make a justified request for approval by the General Assembly (recommendation 1).

These appropriations for the biennium 2006 2007 would be considered by the Assembly in accordance with the procedures for the use and operation of the contingency fund.

Those claims have been reviewed but have not yet been certified for payment.

The expenditures will be charged against the budget appropriations of the periods when actual payments are made.

The provision would represent a charge against the contingency fund and, as such, would need to be considered in the context of the review by the Fifth Committee of the consolidated statement of potential charges to the contingency fund before approval of any increase in appropriations for the biennium 2006 2007.

The Administration should review its fund raising strategies and closely monitor its donor agreement and contract award procedures (para. 36).

Advances shall be carried to the credit of States Parties, International Organizations and the International Seabed Authority which have made such advances.

The Officer will also prepare and process allowances earned by mission personnel, will be in charge of implementing the financial rules, regulations and instructions, will act as approving officer and will be responsible for ensuring that payments have been properly certified and have not been duplicated, and that adequate supporting documents exist.

Furthermore, in paragraph 53 of its report, the Board recommended that UNDP examine the scope for reducing the extent to which agencies are funded in advance, moving, where possible, to a system of reimbursing actual expenditure, thereby reducing cash flow risks and improving financial control.

Nevertheless, the Secretariat was seeking the conversion of 18.6 million of the available commitment authority into an appropriation.

The internal auditor considered that in these cases the full purchase order procedure should have been applied and that the use of the documents to obligate funds had circumvented the financial rules.

requirements. The levels of advances held are reviewed regularly and advance requests are denied when not satisfactorily justified.

The Agency rigorously applies established contracting procedures.