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

4. Credits returned to Member States

3. Credits applied to Member States

Credits to Member States 10 125

(b) Charges and debits recorded by the bank but not entered in the ECA books amounting to 260,042

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.

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3. Credits applied to Member States

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.

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

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Credits returned to Member States amounted to 156.9 million.

a Amounts credited to Member States (gross).

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Borrowing

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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.

Table A shows the analysis of the currency exchange credit.

Table B shows the analysis of the currency exchange credit.

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.

Borrower

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

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.

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

(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)

Solidarity group lending programme

(a) Provision of credit loans through group guaranteed and individual lending schemes

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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.