제16051호                            관               보                 2005. 7.27. (수요일)

2. The above schedule of payments takes into          reduced, suspended or terminated by the
 account the requirement that the payments            UNDP.
 shall be made in advance of the implementation   4. Any interest income attributable to the
 of planned activities. It may be amended to          contribution shall be credited to the UNDP
 be consistent with the progress of project           Account and shall be utilized in accordance
 delivery.                                            with established UNDP procedures.
3. The UNDP shall receive and administer the          Article III. Administration and Reporting
 payment in accordance with the regulations,      1. Project management and expenditures shall
 rules and directives of the UNDP.                    be governed by the regulations, rules and
4. All financial accounts and statements shall        directives of the UNDP and, where
 be expressed in United States dollars.               applicable, the regulations, rules and
  Article II. Utilization of the Contribution         directives of the Executing Agency.
1. The implementation of the responsibilities     2. The UNDP headquarters and country office
 of the UNDP and of the Executing Agency              shall provide to the Donor all or parts of the
 pursuant to this Agreement and the project           following reports prepared in accordance
 document shall be dependent on receipt by            with the UNDP accounting and reporting
 the UNDP of the contribution in accordance           procedures.
 with the schedule of payment as set out in             For Agreements of one year or less:
 Article I, paragraph 1, above.                       (a). From the country office(or relevant unit
2. If unforeseen increases in expenditures or           at headquarters in the case of regional
 commitments are expected or realized                   and global projects) within six months
 (whether owing to inflationary factors,                after the date of completion or termination
 fluctuation in exchange rates or unforeseen            of the Agreement, a final report summarizing
 contingencies), the UNDP shall submit to               project activities and impact of activities
 the Donor on a timely basis a supplementary            as well as provisional financial data;
 estimate showing the further financing that          (b). From the UNDP Bureau of Management
 will be necessary. The Donor shall use its             /Comptroller’s Division, an annual
 best endeavours to obtain the additional               certified financial statement as of 31
 funds required.                                        December every year to be submitted no
3. If the payments referred to in Article I,            later than 30 June of the following year;
 paragraph 1, above are not received in               (c). From the UNDP Bureau of Management
 accordance with the payment schedule, or if            /Comptroller’s Division on completion of
 the additional financing required in                   the project, a certified financial statement
 accordance with paragraph 2 above is not               to be submitted no later than 30 June of
 forthcoming from the Donor or other                    the year following the financial closing of
 sources, the assistance to be provided to the          the project.
 project under this Agreement may be              3. If special circumstances so warrant, the

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