a Comprises interest income, exchange gain and loss, miscellaneous income, prior year adjustments and transfer between projects.

(a) The creation of a security right in proceeds is governed by the law of the State whose law governs governing the creation of the security right in the original encumbered asset from which the proceeds arose and

The Committee noted that a number of higher and middle income countries benefited from the debt burden adjustment.

Five institutions were fully profitable, generating inflation adjusted positive returns on assets.

Other income and adjustments

Miscellaneous income currency exchange adjustments

G. Low per capita income adjustment . 42 48 21

G. Low per capita income adjustment

The cumulative annualized total rate of return over the 38 year period for which data are available was 9 per cent, or a real rate of return of 3.8 per cent, after adjustment by the United States consumer price index.

Other income and adjustments

Additional income was derived from miscellaneous sources, such as currency exchange adjustments, interest income, inter fund transfers and other adjustments.

Debt and low per capita income adjustment

Additional income was derived from miscellaneous sources, such as currency exchange adjustments, interest income, inter fund transfers and other adjustments.

The cumulative annualized total rate of return over the 38 year period for which data are available was 9 per cent, representing a yearly quot real quot rate of return of 3.8 per cent after adjustment by the United States consumer price index.

E. Low per capita income adjustment

(c) Revenue source's protection from adjustment

All other adjustments, except for low per capita income, had a distorting effect and should be applied in a consistent manner, if at all.

Following a comprehensive operational review, the United Nations Postal Administration has been restructured, becoming more efficient and cost effective, with signs of a more positive trend in the level of revenues.

(Thousands of United States dollars)

(Thousands of United States dollars)

After adjustment by the United States consumer price index, the quot real quot rates of return for the two years under review were 5.9 per cent and 18.9 per cent, respectively.

(Thousands of United States dollars)

Debt, low per capita income adjustment with positive gradient and LDC adjustment

Four scenarios were run business as usual Kyoto Protocol with no flexible mechanisms and no tax adjustment Kyoto Protocol with no flexible mechanisms and with tax adjustment and Kyoto Protocol with flexible mechanisms and no tax adjustment.

It was used by the Public Prosecutor to investigate and confiscate the proceeds of illicit activities.

45. The Committee noted that the cost of the current adjustment, as well as of the alternatives mentioned above, was shifted to Member States not benefiting from the adjustment in direct proportion to their relative shares of national income.

We have to bundle adjust them. Find tie points.

(d) Obtain the required 3.5 per cent annualized real rate of return for the investments of the Fund over the long term after adjustment based on the United States consumer price index.

Such Member States not only cease to benefit from the adjustment but must also help to pay for it.

Such Member States not only ceased to benefit from the adjustment but must also help to pay for it.

The current debt burden adjustment should be retained, as should the current formula for the low per capita income adjustment.

Satellite derived early warning of unusual crop conditions allowed for price adjustments in commodity markets and helped maximize United States farmers apos returns.

18. Considerable attention had been paid to the issue of low per capita income adjustment.

In accordance with article 14 of the Regulations of the Fund and the United Nations Accounting Standards, financial statements are prepared on a biennial basis, covering activities for the period 1996 1997 with comparative figures for the period 1994 1995.

(c) Net effect of changes in the value of United States dollar and cost of living adjustments for pensioners, and other gains affecting pensioners

This will mark the end of an orderly adjustment process, after which the programme will be adjusted to available income.

Another suggestion considered was that the adjustment should be available only to Member States falling below the threshold for the low per capita income adjustment.

This would eliminate the discontinuity, but it would also mean that the level of per capita GNI at which Member States benefited from the low per capita income adjustment, the point of inflexion, would be lower than the threshold.

d Including exchange rate gains or losses, interest income, various adjustments to income, and other sources.

Comment In some of the replies received certain adjustments have been proposed.

All other exchange adjustments have been recorded as miscellaneous income.

Total funds available consist of voluntary contributions, interest and miscellaneous income, currency exchange adjustments, transfers and adjustments, and beginning fund balances.

The tax system should be reformed by increasing reliance on income progressive taxes, restructuring the property tax and introducing reasonably progressive taxes.

Adjustments to the scale affected the entire membership and should therefore be made by the entire membership on the basis of democratic consultation.

7. Agreement was also near on the low per capita income adjustment formula.