7. Receivables financing assignment of receivables.

6. Receivables financing assignment of receivables.

Receivables

Other receivables

UNHCR wrote off 1.3 million in cash, receivables and property in accordance with UNHCR financial rules 10.6 and 10.7.

Assignment of receivables

VI. Other Receivables

The Administration informed the Board that during the financial period ended 31 December 1997 receivables amounting to 119,226 were written off.

Note 12 Other receivables

Note 12 Other Receivables

Revaluation of contributions receivables

(iii) permitting substitution of the assigned receivables for new receivables of at least equal value,

(3)loans and account receivables.

(1)loans and accounts receivables

3. Assignment in receivables financing

IV. Assignment in receivables financing

Note 10. Other accounts receivables

Other receivables and deferred charges

With regard to the description of the receivables, it was suggested that quot a brief description quot might be necessary only in case not all receivables were assigned when all receivables were assigned, a reference to quot all receivables quot should be sufficient.

In accordance with financial rule 106.8, losses of cash and receivables amounting to 446,570 were written off during the period ended 30 June 2005.

(f) Generally, absolute transfers of receivables

Note 11. Write off of receivables

(a) an assignment of receivables that are specified individually is effective to transfer the receivables to which it relates

In order to address both the transfer of title in the receivables and the creation of security rights in receivables, it was agreed that reference should be made in subparagraphs (a) and (b) to the transfer of rights in receivables rather than to the transfer of receivables .

(3) An assignment of receivables is effective to transfer the rights to cash received upon collection or other disposition of receivables, provided that the cash may be identified as proceeds of the receivables.

(1) This Convention applies to assignments of international receivables and to international assignments of receivables as defined in this Chapter

A total amount of 86,134 was written off in the financial statements on account of three uncollectable receivables in compliance with financial rule 110.15, compared with 13,734 written off in the biennium 1994 1995.

(3)loans and the account receivables and

Transfer of rights securing the assigned receivables

Note 7. Provision for uncollectible contributions receivables

(i) as regards receivables, it is required to separately list the details of receivable management fee, other receivables and advanced payments

UNICEF will ensure that payables and receivables are disclosed in the financial statements for the 2004 2005 biennium, in accordance with United Nations system accounting standards.

(b) an assignment of receivables that are not specified individually is effective to transfer receivables that can be identified as receivables to which the assignment relates, at the time agreed upon by the assignor and the assignee and, in the absence of such agreement, at the time when the receivables arise.

quot (9) Priority with regard to the receivables includes priority with regard to cash received upon collection or other disposition of the receivables, provided that the cash may be identified as proceeds of the receivables. quot

(2) An assignment may relate to existing or future, one or more, receivables, and to parts of or undivided interests in receivables.

A detailed statement of losses of cash and receivables shall be provided to the Auditor not later than three months following the end of the financial period.

Writing off of losses of cash and receivables

Write off of losses of cash and receivables

V. ASSIGNMENT IN RECEIVABLES FINANCING 252 256 54

2. Write offs of losses of cash, receivables

Receivables Seven of the claims in this instalment seek compensation for receivables for a total asserted value of KWD 852,471 (approximately USD 2,949,727).

quot (4) Receivables financing means any transaction in which value, credit or related services are provided for value in the form of receivables. Receivables financing includes, but is not limited to, factoring, forfaiting, securitization, project financing and refinancing.

3. This article applies only to assignments of receivables

Write off of losses of cash, receivables and property

Write off of losses of cash, receivables and property