Credits to Member States 10 125

4. Credits returned to Member States

3. Credits applied to Member States

3. Credits applied to Member States

3. Credits applied to Member States

Interest income is credited to the account.

Savings on or cancellations of prior period obligations

Credits returned to Member Statesh

3. Credits applied to Member States

Credits to Member States

Credits returned to Member Statesd

Figure 10 Bank credit recorded

Credits returned to Member Statese

Abbreviations WT 732, Notice that bank credit has been received WT 812, Recording of credit item received on bank account by Accounts Unit, Financial Services Section.

3. Credits applied to Member States

b The comparative column reflects the previous 12 months owing to the change in the fiscal year for peacekeeping operations.

Credits returned to Member States amounted to 156.9 million.

a Amounts credited to Member States (gross).

Table A shows the analysis of the currency exchange credit.

Table B shows the analysis of the currency exchange credit.

In addition, credits returned to Member States amounted to 16.1 million.

However, in case of restructuring of troubled credits, where it was essential to make the credit available in a timely manner, registration might need to be effective once it was made, i.e. even before the data registered became available to searchers.

(k) UNCITRAL Model Law on International Credit Transfers (1992)

B. UNCITRAL Model Law on International Credit Transfers (1992)

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(i) Model Law on International Credit Transfers (1992).Official Records of the General Assembly, Forty seventh Session, Supplement No. 17 (A 47 17), annex I.

10. UNCITRAL Model Law on International Credit Transfers (1992)

Interest income arising from the RPTC is credited to the General Fund however, the miscellaneous income relating to the RPTC is credited to the special account.

If there is a net gain, this is credited to miscellaneous income.

Income, capital gains or losses and any associated expenses will be credited or debited to the Revolving Credit Fund as received.

In addition, credits returned to Member States amounted to 1,672,300.

Furthermore, it should not be forgotten that credit facilities are normally used for the good of the whole family.

The staff assessment requirements provided for under budget line item 19 have been credited to this item as income from staff assessment and are credited to the Tax Equalization Fund established by the General Assembly in its resolution 973 A (X) of 5 December 1955.

a The difference in expenditures is due to the fact that the PP Trust Fund accounts reflect credits from cancellations of prior year obligations

In favour of a registration based approach, a number of arguments were raised, including that registration provided certainty and predictability, thus having a positive impact on the availability and the cost of credit.

Staff assessments provided for under expenditure line item 19 have been credited to this item as income from staff assessment and are credited to the Tax Equalization Fund established by the General Assembly in its resolution 973 (X) A of 15 December 1955.

In all three countries registered and supervised credit institutions are allowed to perform money transfer services.

Interest income arising from UNDP activities is credited to the operating fund account maintained with that organization.

Note 7. Non convertible currencies pending United States dollar credit from UNDP

Member States are given credit in the Fund in proportion to their rates of contribution to the UNPREDEP budget. Annex III

Member States are given credit in the Fund in proportion to their rates of contribution to the UNPREDEP budget.

This way public credit registries and credit bureaux may be able to operate and provide adequate and up to date electronic credit information.

The amount reimbursed is credited as miscellaneous income to the UNMIBH special account.

Consider also the credit markets. Prime borrowers with good credit scores and investment grade firms are not experiencing a credit crunch at this point, as the former have access to mortgages and consumer credit while the latter have access to bond and equity markets.

The Administration stated that unless credits were used to offset receivable documents, they could be posted to only one of the accounts payable, and given the time constraints and the amount of research needed for the significant number of receivables and payables on record in IMIS, it was not possible to book each adjustment.